MT5 on PC or phone: Which version? The complete guide

MetaTrader 5 (MT5) is available on computer, Android and iPhone. Both versions allow the trading of financial markets, but they do not meet exactly the same needs.

So should we use MT5 on PC or on phone ? Which version is best suited to your way of trading?

In this guide, we compare the two platforms to help you make the right choice.

MT5 on computer: the advantages

The PC version is the most complete.

In particular, it offers:

• larger graphs;

• more technical indicators;

• several windows opened at the same time;

• more precise drawing tools;

• better market analysis.

If you perform a lot of technical analysis, the computer version is usually the most comfortable.

MT5 on the phone: the advantages

The mobile app is ideal for traders who want to stay connected everywhere.

It allows:

• consult the charts;

• Open and close positions;

• edit a Stop Loss or Take Profit;

• track your account in real time;

• receive notifications.

It is particularly convenient when you are on the move.

The main differences

MT5 on MT5 PC on phoneLarge screenComprehensive screenComprehensive technical analysisMore limited analysisMore graphic toolsSimplified interfaceIdeal to prepare tradesIdeal to monitor positionsMore comfortable for long sessionsMore convenient on the move

Both versions use the same trading account.

Can we use both?

Yes.

Many traders use both platforms as complements.

For example:

• they analyse the market on their computer;

• then monitor or manage their positions from their phone when they are absent.

This combination offers more flexibility.

Which version to choose to start?

For a beginner, the PC version is often more suitable.

It facilitates:

• learning graphs;

• the use of indicators;

• trend analysis;

• Understanding MetaTrader 5.

The mobile app remains an excellent complement to track its positions.

Conclusion

MT5 on computer and MT5 on phone each have their own advantages.

If you want to perform detailed analyses, prefer the PC version.

If you just want to track your positions or trade on the move, the mobile app is an excellent solution.

Many traders use both to take advantage of the benefits of each version.

Start free in 2 steps

Step 1: Create your Deriv account for free

Create your Deriv account free with my partner link.

You can then use MetaTrader 5 on a computer or smartphone with a demo account.

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Step 2: Join Bono Trading training for free

Once your account is created, join Bono Trading for free.

You will learn:

To use MT5 on PC

To use MT5 on the phone

The basics of technical analysis

Trading strategies

Risk management

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