What is MT5 Mobile?
MT5 Mobile is the mobile version of the MetaTrader 5 trading platform. In general terms, it lets you place and manage trading activity from a phone: you view account status, check pricing-related information, and submit orders or modify positions through the app’s interface. The exact buttons, screen labels, and order types depend on the broker and the platform build, but the underlying workflow is typically similar: you set order details, the order is sent to a server, and the server responds with execution results.
A “worked example” means you walk through a specific numerical scenario step by step, stating every assumption you use (for example, assumed prices, contract size, and costs). The goal is not to predict outcomes, but to make the mechanics visible so you can reproduce the logic with your own account data.
How a worked example works (stable mechanics vs. variable conditions)
A worked example for MT5 Mobile usually connects three layers:
- Your inputs in the app: order side (buy/sell), volume, order type (market or pending), and possibly stop-loss/take-profit settings.
- Execution on the broker/market side: the server matches your request against available liquidity and returns fill details.
- Accounting and results: your broker calculates profit/loss and applies trading costs.
To keep the example verifiable, separate stable mechanics (what formulas you use and what terms you compute) from variable conditions (prices, spreads, slippage, and fees). In a worked example, you can choose assumed values for variable conditions, but you must label them clearly as assumptions.
Worked numerical scenario (with stated assumptions)
Below is one fully worked scenario that you can use to explain MT5 Mobile concepts. It is an illustration, not a prediction.
Assumptions (you must state or replace these with your own data)
- Instrument: a hypothetical forex pair quoted in a way where pip value scales with position size (exact pip value depends on the broker’s contract specification).
- Trade type: market order.
- Direction: buy.
- Volume: 0.10 lots.
- Contract sizing (assumed for math convenience): 1 standard lot corresponds to 100,000 units, so 0.10 lots corresponds to 10,000 units.
- Entry fill price (assumed): 1.10000.
- Exit fill price (assumed): 1.10150.
- Spread: treated implicitly inside the fill prices (so we do not add spread separately).
- Trading costs: assumed commission/fee model is €0 for this worked example to keep the math focused (real accounts often have nonzero costs).
- Currency conversion: ignored (assume the profit is reported in the same currency as your account).
Step 1: Compute price movement
- Price change = 1.10150 − 1.10000 = 0.00150.
Step 2: Convert price movement to an exposure-based result
For a simplified forex profit idea, profit ≈ (units) × (price change). With 10,000 units:
- Simplified profit = 10,000 × 0.00150 = 15 (in the assumed account currency).
Step 3: Map to what you would see on the platform
In a real MT5 Mobile session, your deal/order history should show:
- The filled price(s) (entry and exit fills),
- The deal size (units or lots),
- The profit/loss for the completed position.
To verify this worked example independently, you would replace the assumed entry/exit prices and size with the values from your MT5 Mobile account history, then recompute using your instrument’s contract specification.
Limitations and failure modes (material risks)
Even when the mechanics are clear, several limitations can make a worked example differ from live results:
- Fill price uncertainty (slippage): market orders can fill at prices different from the price you saw when you pressed the button, especially during fast price changes. 2) Spreads and cost models: spreads, commissions, and swap/financing charges can materially change results. A worked example that sets costs to zero may not match your account. 3) Contract specification differences: pip value, lot-to-units mapping, and profit calculation depend on the instrument and broker terms. Two brokers can show different profit numbers for the same “lot” label if their specifications differ. 4) Execution timing: latency and server-side processing can cause your app confirmation to appear after conditions have already shifted.