MetaTrader 5 (MQL5)
Trading platform widely offered by FX and CFD brokers, with robots (Expert Advisors) in MQL5 and a strategy tester.
The industry standard for forex and CFD robots, available at a huge number of brokers.
Who it is for
People trading FX or CFDs with a broker that offers MetaTrader 5 who want to automate inside the platform.
Strengths
- MQL5 lets you build Expert Advisors (robots that trade), indicators and scripts.
- Multi-currency strategy tester with "every tick" mode, genetic-algorithm optimization and a cloud computing network (MQL5 Cloud Network).
Good to know
- MQL5 is a proprietary language: what you learn is mostly useful inside MetaTrader.
- Genetic optimization makes overfitting easy; and in FX, costs easily eat very short-term strategies.
Want a bot built on MetaTrader 5 (MQL5), or something similar?
We set it up, connect it to your accounts and keep it running.
Real-life uses
Strategy automation
🔥 High demandYour rules coded, backtested with fees on years of data, paper-traded and then run live with risk limits.
Sources
Every fact on this page comes from these sources, checked on 2026-10-24. If something has changed, the source wins; tell us at hello@heybotify.com.
- https://www.mql5.com/en/docs: what MQL5 is for and program types
- https://www.metatrader5.com/en/automated-trading/strategy-tester: strategy tester features
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