Trying to get my profit out of trading

[kevb]

Hi People
as mentioned above.
I am using a platform called MetaTrader 5 but I do not know how to get my profit out and back into my bank account?

can anyone help, please!

newbie here

Regards
Kevin

[1714023301]

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[1714023301]

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[1714023301]

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[1714023301]

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[Pmalek]

I have never used the particular platform for anything, but a quick Google found this source that explains the deposit and withdrawal process:
https://www.fpmarkets.com/withdrawing-money-from-mt5-account/

Your question could be a bit more specific. Like, are you getting a certain error when you are trying to withdraw or can't you find the appropriate withdraw button. If the source from above is correct, you should be able to withdraw by clicking on File > Withdraw.

[Mpamaegbu]

Do I take it that you're trading instruments of index on Binary? Even if it's not on Binary, once it's on Meta 5, the process should be the same. Just follow the steps I have outlined in the picture below with the yellow markings. It should be okay but if you've any other challenge about getting to the process, you can ask your question here again.

[Smartvirus]

My ideas about meta trader 4 and 5 points me towards forex and not the regular crypto exchange trading. Although, binary being cryptos can be paired and traded on forex but, its got some differences when trading on an exchange like binance and what have you.
Anyway, the thing about meta trader trading is, you've got your own broker to trade with and each broker have got there own policies to everything not excluding withdrawals. So, you've got to contact support on your broker or read through the T&C properly to know the least withdrawal amount and the conditions to file in a withdrawal then, you can get a hange of it.

[coupable]

I found this tutorial about MetaTrader : Trading Cryptocurrencies on MT5
You can use it to check about withdrawal options.

With no offense, it's better to know such things before joining trading platforms and use it with real money. I have already knew that MT5 is one of the best options for users from USA to trade in cryptocurrencies or for brockers while staying anonymous. But this market is not for new comers, they may easly get in trouble without the minimum understand how issues may happened without expectations.

[Bitcoin_Arena]

I have come across metatrader several times, but I haven't actually used it to understand it completely. My question is what's the difference between Metatrader and the crypto exchanges?

What advantages do use brokers in Metatrader have over trading directly on a crypto exchange.

[Ararbermas]

Hi People
as mentioned above.
I am using a platform called MetaTrader 5 but I do not know how to get my profit out and back into my bank account?

can anyone help, please!

newbie here

Regards
Kevin

i never hear such platform, but you know try to read their guides, because for sure they provide one for beginners, i have doubts as well maybe you have errors or you didn't get the right target to sell off because of the movement of the coin you trade.  Try to double check if you're doing it right.. If it has market sell order perhaps it so easy to dump..

[kevb]

Hello

pmalec

you are correct, but the file withdrawal is not highlighted blanked out so my guess as someone else has mentioned is my broker must be contacted, why would they do that? is it so that they have complete control of me?

Thank you to all,

is there a way I can change the withdrawal buttons?

Many Thanks

[palle11]

Hello

pmalec

you are correct, but the file withdrawal is not highlighted blanked out so my guess as someone else has mentioned is my broker must be contacted, why would they do that? is it so that they have complete control of me?

Thank you to all,

is there a way I can change the withdrawal buttons?

Many Thanks

I was about to say you have to go through your broker before it was suggested to you. I guess you are either trading Forex.

Some of your questions will be responded to here either through further questions.

How did you deposit your cash or fund? Was it not through a broker? If it is then you also need such process for withdrawal.

Forex trading is centralised so some features have to be regulated not including your trade.

On changing your withdrawal button, that depends on the information provided so you need to get the attention of your broker also. If you deposited through fiat or accounts provided for withdrawal and you want to change it then you have to contact your broker.

[YOSHIE]

can anyone help, please!

Not much information i got about MetaTrader5 exchange platform, mostly what i saw, which have discussion about MetaTrader5 inactive 1-2 years, no updates about it.

However, at least the information below can help you about trading on the MT5 platform.

MetaTrader can be used for trading cryptos on forex brokers which support cryptos: https://bitcointalk.org/index.php?topic=716530.0

Topic: Trade any Crypto Exchange in MetaTrader5

Because I have never used the MT5 platform so, the information is very minimal.

[andriarto]

from metatrader 5, after you open an account, then you can search for the pair you want to trade, there are many options there with a leverage system. so we can trade using the lot we like, but we must be wise in determining the lot. the bigger the lot, the smaller the resistance we have, so it must be calculated properly. you will benefit from trading on this platform

[adaseb]

from metatrader 5, after you open an account, then you can search for the pair you want to trade, there are many options there with a leverage system. so we can trade using the lot we like, but we must be wise in determining the lot. the bigger the lot, the smaller the resistance we have, so it must be calculated properly. you will benefit from trading on this platform

Did you even bother reading anything that the OP is asking? He is not asking about pairs or leverage. Also your comment about the lot being bigger has nothing to do with resistance which is a technical indicator. It almost seems like you used google translate to post this reply because it’s very badly written.


Back on topic,

You need to login to your broker thru the website where you opened the account. You will see an option to withdraw. However before i go any further. Are you sure you weren’t trading a demo account? Because people rarely use MetaTrader for anything except forex and CFDs. If you never deposited money, you most likely traded demo and your profits aren’t real.

[kevb]

Thank you all so much.

I will contact the broker and make him aware so he has to change it

Regards
Kevin

[aquafinewater]

Trading is best in all way in short term mid and also long term but now days in market too much manipulation so I think short term is better but follow some way to get profit always book profit in parts then we can got a great profit

[checkmatesir]

You need to search about the it first because I didn't hear any such thing, there are many other ways to taking guidelines and can be very helpful for mainly the beginners traders, but there should be an important point in each website so, try to search for it in different website, I hope it will help you according to your choice.