MetaTrader 5 Tutorial for Beginners: Full Tour in 10 Minutes (Lesson 4)

Here is the latest from MCP Labs Forex: MetaTrader 5 Tutorial for Beginners: Full Tour in 10 Minutes (Lesson 4). Press play below — a written summary and the main takeaways follow.

What this video covers

Lesson 4: a full tour of MetaTrader 5 for beginners. The main windows (Market Watch, chart, Toolbox, Data Window) and their shortcuts, charts and timeframes, placing a trade with a stop loss and take profit, the four pending order types (buy limit, sell limit, buy stop, sell stop), moving and closing trades, and the account numbers that tell you if you're safe: balance, equity, margin, free margin and margin level.

Lesson 4 of the free course "Forex From Zero to Automated" by MCP Labs Forex.

Next lesson: Lesson 5: Demo first: practising the right way

QUIZ: Balance $2,000. Open trades are $150 down and use $100 of margin. What are your equity, free margin and margin level? Answer in the comments.

CHAPTERS

0:00 What most beginners miss in MT5

0:53 The main windows + shortcuts

2:00 Charts and timeframes

2:53 Placing a trade with SL and TP

3:50 The 4 pending orders

4:51 Managing and closing a trade

5:18 Balance, equity, margin, margin level

6:25 Your questions

7:51 Recap, quiz and homework

Sources: MetaTrader 5 footage: Strategy Tester visual mode (same windows as live). Prices: Yahoo Finance to 9 Oct 2026.

Education, not financial advice. Trading forex, gold and CFDs on margin is high risk; practise on a demo account first. Narration voice is AI-generated.

A product of MCP Labs, created by Tshivhidzo (Moss) Mbedzi.

Run the EA from these videos

Everything shown here runs on Apex Drawdown Zero for MT5 — a selective MT5 Expert Advisor with a stop-loss on every trade and risk-based sizing (V9 has no account-level drawdown halt; V12 does). See more clips on our videos page or subscribe on YouTube.

---

*Any results, returns or win rates mentioned in this video are examples from specific accounts and periods and are not typical or guaranteed. Trading carries substantial risk of loss. Past performance is not indicative of future results — read our full risk disclosure.*