MetaTrader 5 (MT5), developed by MetaQuotes in 2010, stands as one of the most popular trading platforms globally. Its widespread adoption stems from its intuitive interface and robust automation capabilities, allowing users to create algorithms for executing automated trading strategies. Traders familiar with forex/CFD markets will find MT5 exceptionally versatile, as it's commonly offered by brokers within the forex industry.
When trading on Bybit MT5 (TradFi), transactions are executed directly on Bybit's exchange (ECN model) rather than through market-making brokers.
Getting Started with Bybit MT5
To begin using TradFi (MT5), users must first create a Bybit account. Note that your MT5 login credentials differ from your Bybit UID—a separate ID and password are generated exclusively for MT5 access.
Key Differences Between Bybit Mainnet and MT5 Trading
| Feature | Bybit Mainnet | Bybit TradFi MT5 |
|---|---|---|
| Available Platforms | Web, iOS, Android | Web, iOS, Android |
| Trading Fees | Maker/Taker fees based on VIP tier | Volume-based commissions (see details) |
| Funding Fees (Swap) | Charged every 8 hours* | Overnight positions incur swaps (learn more) |
| Order Types | Market, Limit, Conditional, Trailing Stop | Market, Limit, Stop, Stop-Limit, Trailing Stop |
| Leverage | Flexible (up to 100X) | Fixed per-token leverage |
| Margin Modes | Isolated, Cross, Portfolio Margin | Similar to cross-margin with nuances |
| Risk Limits | View parameters | Tiered margin system (details here) |
| Hedging | Allowed; margin held for both sides | Allowed; margin based on larger position |
| Margin Usage (Active Orders) | Occupies available balance | No additional margin held |
| Liquidation | Triggered at liquidation price | Occurs at 50% margin ratio |
| Expert Advisors (EAs) | Requires API integration | Supports external EAs |
| Copy Trading | Via Bybit’s native copy trading | Connect signal providers or use MT5 copy trading |
| Marketplace | Not available | Buy/sell bots/indicators directly |
| Indicators | TradingView defaults | Customizable or downloadable from MQL5 |
Why Choose MT5 on Bybit?
👉 Discover how MT5 enhances your trading strategy with advanced tools like algorithmic trading and customizable indicators.
Automation & Customization
- Expert Advisors (EAs): Deploy pre-built or custom algorithms for automated trades.
- Indicators: Tailor technical analysis tools or import from MQL5’s vast library.
Risk Management
MT5’s tiered margin system optimizes capital efficiency, while its liquidation mechanism (50% margin ratio) offers clearer risk thresholds compared to Bybit’s mainnet.
FAQs About Bybit MT5
1. How do I transfer funds between Bybit and MT5?
- Funds are automatically synchronized when logging into MT5 via your Bybit account.
2. Can I use the same strategies on MT5 and Bybit mainnet?
- While core principles apply, MT5 supports additional order types and EAs unavailable on the mainnet.
3. Are MT5 trading fees higher?
- Fees depend on volume. Compare structures here to choose the optimal platform.
4. Is hedging more efficient on MT5?
- Yes, MT5 calculates margin based on the larger position, reducing capital lockup.
5. How does MT5’s liquidation process differ?
- Positions close at 50% margin ratio using buy/sell prices, unlike Bybit’s mark-price-based liquidation.
Final Thoughts
Bybit’s integration of MT5 bridges traditional finance with crypto trading, offering unparalleled flexibility. Whether you’re automating strategies or hedging positions, MT5’s toolkit—paired with Bybit’s ECN model—delivers a competitive edge.
👉 Start trading smarter with Bybit MT5 today and unlock institutional-grade features.