To trade effectively on MT5, check product specifications by opening Market Watch (Ctrl+M), right-clicking the instrument, and selecting specifications.
Steps to check product specifications on MT5 desktop
| Step | Action |
|---|---|
| 1 | Open MT5. |
| 2 | Open Market Watch by pressing Ctrl + M or selecting View > Market Watch. |
| 3 | Right-click the product you want to check. |
| 4 | Select Specification. |
| 5 | Review the product details shown. |
Common information shown in product specifications
| Item | Meaning |
|---|---|
| Trading hours | The time when the product is available for trading. |
| Contract size | The contract value of the product. |
| Minimum lot | The smallest trade size allowed. |
| Maximum lot | The largest trade size allowed. |
| Stop level | The minimum distance required for certain order settings. |
| Swap rate | Overnight holding cost or credit, where applicable. |
Important notes
- Product specifications may vary by instrument.
- Trading hours and swap rates may change depending on market conditions.
- Always check the latest product specifications directly in MT5 before trading.