A complete guide to setting up HFM in MT5 | Easy-to-understand explanation with smartphone images

MT5 is a popular trading platform for overseas forex trading. on both your PC and smartphone app at HFM (HF Markets) . It's packed with convenient features, such as the ability to display multiple indicators and manipulate order lines on the chart screen.

"How do I install HFM's MT5 on my smartphone?"
"What indicators can I use with HFM's MT5?"
"What is SL/TP in MT5?"

As you can see, you probably have many questions about the HFM MT5 app

This time, how to download the HFM MT5 app (2025 version), how to set up charts, and how to place orders . We'll explain everything clearly with smartphone screenshots, making it easy for beginners to understand. Please use this as a guide to using MT5.

What is the HFM smartphone app MT5?

HFM offers a smartphone app for MT5 that can be installed and used on Android and iPhone. With its superior charting performance and wide range

First, let's take a look at what kind of tool HFM's smartphone app, MT5, is

HFM (HF Markets) trading platform

There are two types of trading tools available at HFM

• MT4 (MetaTrader 4)
• MT5 (MetaTrader 5)

MT4 and MT5 software can be used on PCs, smartphones, and tablets . It is compatible with almost all devices.

The supported operating systems are Windows, Mac OS (Mac OSX), Linux, Android, and iOS (iPhone), and it can also be used without problems on Huawei devices. When installing on a PC, you can choose between a web version that can be logged in via a browser and a software version that you install and use

What is MetaTrader 5 (MT5)?

MT5 is an abbreviation for MetaTrader 5 , and it is the fifth generation version of the ultimate FX platform, MetaTrader. MetaTrader first gained worldwide recognition with MetaTrader 4, which was equipped with programming capabilities and is known as MT4.

Main features of MT5

30 types of technical indicators and 30 types of drawing tools, for a total of 60 technical analysis functions

Furthermore, a common feature of both MT4 and MT5 is the ability to install over 10,000 automated trading systems. In addition, copy trading, which allows you to copy discretionary trades, is also available

Differences between MetaTrader 5 (MT5) and MetaTrader 4 (MT4)

MT5 (MetaTrader 5) is the latest version, released after MT4 (MetaTrader 4). Some of you may be wondering, "What exactly are the differences between the two?"

First, let's look at the similarities between MT5 and MT4, and we'll check the differences between them.

Similarities between MT5 and MT4

The common features of MT4 and MT5 are their high performance and excellent customization and expandability. Beyond the built-in functions, countless indicators and tools developed by traders worldwide can be installed. (However, there are limitations on their use in the smartphone app version.)

What's amazing about MetaTrader is that it goes beyond being just a trading tool; it can also be used for development and programming. There are very few trading tools offered by domestic FX brokers that have similar development features and APIs (extension capabilities)

MT5 vs MT4 Comparison List

While both MT5 and MT4 are excellent platforms, their features differ slightly, and each has its own advantages and disadvantages.

Let's compare MT4 and MT5 here to see how they differ

As you can see from the table, MT5 is more responsive and smoother to use , but that doesn't mean MT4 is slow. MT4 also operates smoothly without any problems.

However, a major difference is that MT5 allows you to dock charts outside the platform, and the MT5 mobile version allows for a split-screen chart display. While the functionality of the mobile versions is limited in both, is arguably superior in terms of usability

Points to note when using MetaTrader 5 (MT5)

There are a few things to keep in mind when using the MT5 app with HFM

• Select MT5 when opening an account
• It's easy to get the HFM server name wrong
• Fewer features are available compared to the PC version

Select MT5 when opening an account

When you want to use MT5,This must be selected when registering your account informationThere is

When opening an HFM account, after selecting the account type, you'll first be asked to choose between MT5 and MT4. MT5 is checked by default, but please be sure to double-check. If you accidentally select MT4, simply select the same account again and change the settings to MT5. The account can be opened in just a few minutes.

It's easy to get the HFM server name wrong

There are over 40 different client-server names for HFMThere are a great many things with similar namesthere is

The server name for connecting to MT5 varies depending on the type of account and region. The server name is listed in the account opening confirmation email, but be careful as even a single character difference can prevent you from logging in

[Example of HFM server name list]

・HFMarketsKE-Live Server 8
・HFMMarketMENAｰLive Sever2
・HFMarketsEurope-Live Server2
・HFMarketsSV-Live Server1
・HFMarketsSV-Live Server3
・HFMarketsSV-Live Server4
・HFMarketsSV-Live Server5
・HFMarketsSA-Live Server
・HFMarketsSA-Live Server1
・HFMarketsSA-Live Server2
・HFMarketsSA-Live Server3
・HFMarketsSA-Live Server4
・HFMarketsSA-Live Server5

The server names listed above are just a few examples; in Japan, server names often have "-SV" or "-Global" appended to them. Please be sure to check your own server name

Fewer features are available compared to the PC version

MT5 was originallyDeveloped as a platform for use on PCsTherefore, the functionality of the smartphone version is limited

Smartphone apps should be considered merely supplementary tools. You cannot freely add custom indicators, Japan Standard Time displays, or buy/sell signals

However, the limited functionality actually has the advantage of being simpler and easier to use for beginners. That being said, if you want to fully enjoy the features of MT5, it is recommended to use it in conjunction with the PC version

Free download of the HFM MT5 smartphone app

Now, let's download HFM's MT5 to your smartphone

The MT5 app is free to download

This guide uses Android as an example, but the basic process is the same for any device and any service provider. Please use it as a reference.

How to download

First, the HFM official website and open the menu in the upper right corner.

Open the "Trading" menu and select "MT5". On the next page, you will see the MT5 download screen (PC version). Scroll all the way down. When you reach the bottom, you will see the download screen for smartphones and tablets . Tap either Android or iOS (iPhone), whichever is appropriate for you.

A download button for Android or iOS will appear; press the "Download" button to proceed to "Install".

How to install

The installation instructions are as follows:

When you press the "Install" button, the screen will switch to the installation process. Turning on "Automatically launch when ready" is convenient because it will automatically open when the installation is complete

Once the installation is complete, the MT5 app will open. tap "Agree" to the "Terms of Service ." The screen will then switch to the MT5 screen.

At this point, the MT5 installation is complete. Close MT5 and confirm that the application has been installed.

Next, we will proceed to the initial login

How to log in to the HFM MT5 app

Now, let's explain how to log in to the MT5 smartphone app

The following three things are required to log in :

• MT5 ID (account number)
• MT5 login password
• HFM server name

MT5 Login ID and Password

Your MT5 login ID and password are different from your HFM login ID and password. They are the ones sent in the "Account Opening Completion Email." Please check your email to find your ID and password

Your account number (MT5 ID) can be found in the myHF area under "Trading Account Information"

You can also reset your password from the "Account Information" settings screen

Password Reset

To reset your password, log in to myHF (member page) and open your account details .

When you open your account information, a settings icon will appear at the bottom; please click on the settings icon

Select "Set Password" from the menu

Enter your password on the next screen ." You can then verify your password settings and change your password.

How to find the HFM server name

The HFM server name can only be found in the "Account Opening Confirmation Email"

The "Account Opening Confirmation Email" is sent immediately after the procedure, and you might not know where to find it. If you can't find it, please contact customer support to confirm the server name

You can access customer support via the red chat icon in the myHF area (member screen)

How to log in to MT5

Now, let's move on to explaining how to log in

Step 1. Tap "Log in to an existing account"

When you open MT5, a "+" sign will appear. Tap the "+" sign and select "Log in to an existing account"

　Step 2. Select the "Server Name" in HFM

The next screen will ask you to enter the name of the brokerage firm (overseas FX broker). In the case of HFM, the company name is "HFMarkets (SV) Ltd," so if you enter "HFM," a list of server names will be displayed as shown below

Select the correct server name and proceed to the login screen

Step 3. Log in with your ID and password

After selecting the server name, the login screen will appear. Enter your "ID (account number)" and "password," then tap "Login ." Checking "Save password" will make it easier to use in the future.

the account information screen appears, your login was successful.

If the account information screen does not appear, you may have entered the wrong "ID," "Password," or "Server Name." Be especially careful with the HFM server name, as it is easy to make mistakes

The following article explains leverage in HFM (High-Frequency Market) trading. It is recommended to familiarize yourself with leverage before trading

A Complete Guide to HFM Leverage | Detailed Explanation of Account Types, Restrictions, and Regulatory Rules

Chart Window | Instrument | Transaction Details | How to Check | Price Point | Specifications | New Order | Order Placement | Transaction Quantity | Sell Order/Buy Order | Account History | New Limit Order/Stop Order | How to Modify | How to Cancel | Settlement Method | History | Cannot Log In | Recommended Indicators | Chart | Horizontal Lines | Limit Order | Stop Order | Pop-up Menu

→ Insert into the heading

HFM's MT5 App: How to View Menus and Basic Functions

Next, let's go over how to use the HFM MT5 app together

First, let me explain how to read the menu in general terms

How to read the MT5 menu

When you log in to MT5, the first screen you see is the "Market Watch List." This is the main screen from which you can use the various menus to access the sections you need. If you get lost, returning to this screen will help you understand the process better

[Explanation of the menu for the price quote list]

Let's start from the top left, ❶

1. Side menu (for switching accounts, settings screen, etc.)
2. You can add, delete, and edit stocks
3. You can switch between main screens (rate list, chart, trading status, trading history)

The "Messages" section in the bottom menu contains service and other messages from MT5 (MQL5) in English. You can ignore them for now. If you're interested, feel free to read them

[Explanation of the side menu]

1. Account management (allows switching to other accounts with other brokers or HFMs)
2. Trade (Go to the trading status screen)
3. Settings (Configure various settings in MT5)
4. Economic Indicators Calendar (where you can check the schedule and results of economic indicator releases)

Many of the side menu items aren't necessary at first, so remembering about four of them should be sufficient. You can gradually explore them once you've become more familiar with the controls

Basic functions of each screen in MT5

Next, let's look at the basic functions of each screen in MT5

The screens we've seen here represent the main functions of MT5. Try switching between the various menus in the section below to get a general understanding of where everything is located

HFM MT5 App: How to Set Up Currency Pairs

Next, let's look at how to set up currency pairs and instruments

Add a currency pair/instrument to MT5

To add a stock symbol to MT5, go to the quotes screen and tap the "+" mark .

On the next screen, you can either enter the symbol name directly or open a file and find the symbol you want to display. If you open a file, a list of symbol names will appear; simply check the ones you want to display to complete the process

HFM is popular because of its wide variety of instruments, so it's a good idea to open other files besides currency pairs to see what other instruments are available .

Delete MT5 currency pairs/instruments

To delete a currency pair, go to the "pen icon" in the upper right corner, then to the "trash can icon"

To remove a stock, check the box next to the stock you want to delete tap the "trash can icon." This will remove the stock from the price list. Delete and add stocks as you like to create your own personalized portfolio.

Sort MT5 instruments

Another useful feature to remember is the ability to rearrange currency pairs and instruments. If you arrange the ones you use most often at the beginning, you can quickly check their rates at any time

To rearrange the stocks, press the "pen icon" in the upper right corner of the price quote list to access the symbol list screen. You can move a stock by long-pressing and dragging the "three-line icon"

Try devising user-friendly methods, such as deliberately placing the stocks you want to compare one above the other

HFM's MT5 App: How to View Charts and Configure Settings

Next, I will explain how to use the chart screen

How to display the MT5 chart screen

There are two ways to display the chart screen

1. Tap "Chart" in the bottom menu to switch screens (select currency pair)
2. Tap on the currency pair to display the chart screen

the chart screen from the menu , the last currency pair you viewed will be displayed on the chart. In this case, tap the currency pair in the upper right corner and select the currency pair you want to display from the list.

display a chart from the price quote list , tap on the currency pair you want to view. A pop-up menu will appear; select "Chart" to display the chart screen.

Set a purchase price line

One of the first things you should do when setting up your chart to set the "bid price line ." By default in MT5, only the "sell price line" is displayed. If you only look at the "sell price line" and enter a "buy" order, the spread is often larger than you expected.

To display the "bid price line," first tap the "settings icon" in the upper right corner of the quote screen to open the "Settings" menu. Check the "bid price line" option in the settings list , and the "bid price line" will be displayed on the chart screen.

Especially with HFM (overseas forex), the spreads are somewhat wider, so if you don't set a "buy price line," you might be surprised after taking a position

Checking where the "buy price line" and "sell price line" are

How to set the timeframe in MT5

Next, we'll look at how to set the time frame

To change the time frame, tap "Time Frame" at the top and select the desired time frame

Show pop-up menu

You can also tap the chart screen to bring up a pop-up menu

You can switch to your desired timeframe from the circular pop-up menu. The notation is as follows: "M = Minute", "H = Hour", "D = Daily", "W = Weekly", and "M = Month"

Add a timeframe

You can add a timeframe "Timeframe" → "Settings icon" in the top menu . Tapping the "Settings icon" will display a list of timeframes.

To add a timeframe, simply long-press the timeframe you want to add from the list of

Zooming in and out of MT5 charts

When adjusting the size of an MT5 chart, you can zoom in by separating two fingers and zoom out by bringing them together, just like with a regular smartphone

How to insert an indicator

insert indicators from the "wave icon" at the top of the chart screen .

Tapping the "wave icon" will display the indicator settings screen. Tapping the "f icon" on the main chart will display a list of indicators. All indicators will appear, so be sure to select oscillators as well.

Trend indicators are displayed on the main chart, while oscillator indicators are displayed on the sub-chart. The wide variety of indicators available is a major advantage of the MT5 app. Try experimenting with different indicators to find what works best for you.

Recommended indicators for MT5 beginners

Here are some recommended indicators for beginners using the MT5 app

Let's start by using the default settings

[Trend-related]

• Moving Average (moving average line)
• Bollinger Band
• ZigZag
• Aliigator / Bill Williams

If you're looking to add indicators to your main chart, the first one you should definitely add is the "Moving Average." Other easy-to-use indicators like ZigZag and Alictor are also worth trying

[Oscillator type]

• Relative Strength Index (RSI)
• Relative Vigor Index (RVI)
• William Percentage
• Volumes

Along with moving averages, the RSI (Relative Strength Index) is a staple in technical analysis. Its simplicity and ease of use make it ideal for beginners. Many traders include the RSI regardless of the other indicators they use. It's also possible to insert multiple indicators simultaneously

Hide indicators

Next, let's look at how to hide the indicators

To hide an indicator, tap the "Show" icon next to the indicator you want to hide and it will no longer be displayed on the chart.

To display an indicator that you've hidden, simply go back to the indicator's screen and tap the "hide" icon to turn it ON. You don't need to delete them if you might need them again, so registering several indicators makes switching between them easy.

How to delete an indicator

To delete an indicator, the "wave icon" at the top of the chart screen, then tap the "trash can" icon . Check the items you want to delete, and then tap the "trash can" icon again to complete the process.

Get familiar with the operation by inserting and removing various types of indicators

Set the economic calendar to Japanese

Now, alongside technical analysis, another thing you should master is the release of economic indicators (fundamental analysis)

The "Economic Calendar" included in MT5 is highly recommended because it allows you to easily check the calendar while trading or analyzing. However, it may be initially set to "English." how to change the "Economic Calendar" to Japanese .

Open the side menu and select "Economic Indicators Calendar." Next, tap the "Settings" icon .

From the settings menu, select "Language." On the next screen, check "Japanese" to complete the process . The economic calendar will now be available in Japanese.

To begin with, let's familiarize ourselves with the terminology by checking out what kinds of economic indicators exist

By the way, the following article introduces HFM's scalping method. Please take a look for reference

HFM MT5 app: Show and delete split charts

Next, we'll discuss advanced MT5 charting techniques. The MT5 app allows you to split the chart into two sections, enabling you to display two different instruments or timeframes simultaneously .

Let's take a look at how to create a two-part chart

How to display a chart in two sections

To split the chart into two, first tap on the chart to display the pop-up menu. From the menu, tap the "two charts icon" .

A new chart will appear in the lower section, allowing you to change either one to your desired instrument or timeframe

How to delete a split chart

To delete the split chart and return to a single chart, tap on the chart you want to delete and select the "two-screen icon" .

When the pop-up window appears, check the chart you want to delete and tap "Delete ." That's it! The chart screen will now display only one chart. Even in limited space, you can perform effective technical analysis with just two charts. Give it a try!

HFM's MT5 app: How to place an order to take a position

Now, let's move on to the most important part of the MT5 app: how to place orders

There are three ordering methods you should remember

1. Market order (order placed and executed immediately)
2. Limit order (placing an order at a specified rate)
3. Stop-loss order (Place an order to buy if the price rises, and sell if it falls)

Let's start by looking at how to access the order screen in order to place an order using each method

How to access the MT5 order screen

There are two ways to access the order screen: from the price quote list and from the chart screen

From the quote list , tap on the currency pair and select "New Order." From the chart screen , you can display the order screen by selecting either "Limit/Stop Order" or "Market Order" from the top menu.

Once the order screen is displayed, you will set the various conditions according to your ordering method and then place your order

Let's look at each ordering method in order

Take a position using a market order in MT5

Take a position using a limit order in MT5

Take a position using a stop-limit order in MT5

How to modify and delete limit and stop orders in MT5

MT5 Limit and Stop Orders are controlled using order lines on the chart

Another very convenient feature of the MT5 app you can change limit and stop orders by manipulating the order lines on the chart screen .

This explains how to operate the order line

STEP 1. Display the order line on the chart screen

STEP 2. Check the order screen and place your order

STEP 3. Drag and change the order line on the chart screen

The order placement method using horizontal lines on the chart screen requires no detailed input whatsoever. Rates are automatically inserted, making order placement simple. If you prefer to trade visually on the chart screen, give it a try

HFM's MT5 app: How to set stop-loss and take-profit orders

Next, I will explain how to cut losses and take profits

Stop-loss and take-profit orders are sometimes referred to as "ST" and "TP" in MT5

• ST = Stop
• PT = Take Profit

"Stop Loss" refers to cutting losses, and "Take Profit" refers to taking profits. It's useful to remember these terms if you're going to start using MT5

Let 's start by looking at how to set stop-loss and take-profit orders using market orders

Market order with stop-loss and take-profit

If you want to place a stop-loss or take-profit order with a market order, you can long-press the position to display the settlement screen

When you tap "Settle," the real-time rate and profit/loss amount will be displayed. If there are no problems, press the "Confirm" button to finalize the loss or profit.

Limit and stop-limit orders for stop-loss and take-profit

Next, we will explain how to set "stop-loss" and "take-profit" orders on your open positions using limit and stop-limit orders

• Stop-loss ... Buy position (stop-loss order for sell) / Sell position (stop-loss order for buy)
• Profit taking... Buy position (buy limit order) / Sell position (sell limit order)

The direction of stop-loss and profit-taking differs between "buy positions" and "sell positions," so be careful not to make a mistake

For a buy position , you enter the price level at which you want to cut your losses and the price level at which you want to take profits on the order screen. Conversely, for a sell position, you enter the price level at which you want to cut your losses and the price level at which you want to buy, as shown in the diagram above, and then complete the order by clicking the "Change" button.

How to change or delete stop-loss and take-profit levels

Stop-loss and take-profit orders can be modified or canceled later . To cancel an order, long-press the position and select "Delete Order." To modify an order, tap "Modify Order" in the bottom row.

Controlling stop-loss and take-profit positions on the chart

When placing buy and sell orders in MT5, you may unintentionally make mistakes when you are excited by profits or, conversely, shaken by the shock of losses. In real-time live trading, it is not uncommon to panic due to unpredictable currency movements

To avoid making mistakes during the actual performance, it's ideal to perfectly master at least the basic, unstructured approach

Solutions for when you can't log in to HFM MT5

Even after installing the HFM MT5 app, you may sometimes be unable to log in for various reasons

Finally, we will explain the causes and solutions for when you cannot log in to MT5.

There are several possible reasons why you might not be able to log in, so the key to solving the problem is to find the cause

Reasons and solutions for being unable to log in to MT5

If you are unable to log in to MT5, your "ID," "Password," or "Server Name" is incorrect. A common cause is selecting the wrong "Server Name." Please double-check the correct information.

Even if you try again from the same login screen, you may not be able to log in because your previous login information is still recorded. First, try restarting the MT5 application.

Causes and solutions when MT5 is not working

If MT5 isn't working, first whether the problem lies with your PC or specifically with MT5 . Check if your browser and other applications are working correctly. If the problem is with MT5, try uninstalling and then reinstalling it.

If you're experiencing problems with your PC, try turning it off (this is important!) and restarting it to see if that helps. It's also possible that you don't have enough memory, so take this opportunity to uninstall any unnecessary files or apps.

In rare cases, the problem might simply be that you forgot to pay your monthly fee, or there might be an issue with the local network connection, so it's worth checking those as well

HFM Customer Service Contact Information

If you absolutely cannot solve the problem yourself or cannot figure out the cause, n't hesitate to contact customer support immediately . HFM's customer support is often available via live chat during weekday business hours (9:00 AM to 12:00 AM Japan time). It is especially easy to get through during daytime hours, so please try contacting them.

If we are unable to communicate via chat, you can send an email and we will contact you on the next business day

[Email Inquiry]

HFM's customer support is 100% in Japanese and responds quickly, so you can rest assured. Feel free to contact them if you have any questions.

The following article summarizes reviews and opinions about HFM. Please refer to it as well

HFM Reputation and Reviews | Thorough Investigation of Safety and Withdrawal Refusal Cases

Summary: Learn how to use MT5 and start trading with HFM!

This time, we've provided a clear explanation of how to set up and use the MT5 app, complete with smartphone screenshots

To be honest, there aren't that many differences between the PC versions of MT4 and MT5, but the MT5 smartphone app is significantly more advanced . It's equipped with various features that are useful for trading even on a small screen.

You can learn how to use it by doing, butIt's important to thoroughly understand how to place orders before you start tradingTherefore, be very careful, as you could make a mistake in your order and incur losses

Furthermore, HFM be linked to our website "Money Charger (Manecha)" to receive attractive cashback rewards. The cashback amount is calculated by returning a portion of the spreads . HFM is particularly popular because of its high cashback rate.

Why not take this opportunity to start trading with HFM while receiving cashback from "Moneycha"

https://money-charger.com/trader/hfm/