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    FAQ - MetaTrader 5 (MT5)
    bybit2024-08-23 15:53:51

     

     

     

     

    General Inquiries

    Is KYC required to trade on Bybit MT5?

    Yes, Individual KYC Lv. 1 or Business KYC is required. For more information on how to verify your account, please refer to How to Complete Individual KYC Verification and Business KYC.

     

    If a user’s account is not verified, the following pop-up will appear when attempting to activate the MT5 account.

     

    FAQ MT5 01.png

     

     

     

    What are the minimum system specifications for using MT5?

    To ensure optimal performance while running MetaTrader 5, your system should meet the following requirements:

    • Windows: Windows 7 or later

      • CPU: 2.0 GHz or faster

      • RAM: At least 512 MB (1 GB recommended)

      • Screen Resolution: 1024 x 768 or higher

      • Internet Connection Speed: 56 kbps or faster

    • iOS iPhone: iOS 9.0 or later

    • Mac: macOS 11.00 or later and a Mac with the Apple M1 Chip

    • Android: Android 5.0 and above




    Are subaccounts supported on MT5? 

    No, subaccounts are not supported on MT5. Only a Bybit main account can activate a Bybit MT5 Account.




    How can I check my Bybit MT5 Login ID?

    MT5 uses a different login username and password from your Bybit UID. After the successful activation of your MT5 account, a pop-up containing the login details will appear as seen below.

     

    FAQ MT5 02.png

     

    Should you forget your MT5 Account ID, you may click on the MT5 Asset page and the login ID will be displayed at the top of the page.

     

    FAQ MT5 03.png




    How do I amend the language display for MT5?

    To change the language display on your MT5 Client Terminal, simply click on the View menu → Language, and select the language of your choice in the list available.

     

    FAQ MT5 04.png

     

    Once done, a dialog box will appear prompting you to restart the terminal. Click Restart and the new languages will be applied once the MT5 Client Terminal is reopened.

     

    FAQ MT5 05.png




    What is the timezone applied on MT5 and how can I change it?

    The time zone displayed on Bybit’s MT5 is by default UTC+2 and cannot be changed. However, this time zone will be changed to UTC+3 whenever Daylight saving starts.

     

     

     

     

     

     

    MT5 Trading

    Are there any margin requirements when trading on MT5?

    Bybit MT5 utilizes a tiered margin for the margin requirements for USDT Perpetual Contracts. This means that the higher the position value being traded, the higher the margin requirement at a tiered level. Users may refer to the Tier Margin Table here for a better understanding. Please note that there is no tiered margin for the other contracts available on MT5.




    What is the leverage on Bybit MT5?

    Different contracts within Bybit MT5 will have different default leverage. For the details of each contract and their default leverage, please refer to the MT5 Contract Specification here.




    Can I change my leverage setting on Bybit MT5?

    No, the leverage settings on Bybit MT5 cannot be changed manually. Different contracts have different default leverage, and users are not able to modify them.

     

     

     

    Why are each of my orders visible in different rows in my Positions tab? 

    Unlike on the Bybit website, a trading position on Bybit MT5 will not be combined. Rather, when you place a new order in MT5, it creates a new position and is displayed as a new row in the Positions tab of your Trade window. 

     

     

     

    Can I trade in Hedge Mode?

    Bybit MT5 allows users to trade within the hedging mode. With the ability to hedge, users can open multiple positions in the same trading instrument, both long (buy) and short (sell), independently. As each new position will appear as a separate row in the Positions tab, you can establish more sophisticated trading strategies, such as opening a long position to profit from a potential upward move while simultaneously holding a short position to hedge against potential losses.

     

     

     

     

     

     

    MT5 Servers

    What are the servers used for Bybit MT5?

    Please find below the details for each server used for Bybit MT5: 

    • MT5 Live Server

      • Name: Bybit-Live

      • IP: 52.76.17.190:443

    • MT5 Demo Server

      • Name: Bybit-Demo 

      • IP: 147.160.254.81:443



     

    Can Bybit offer Virtual Private Servers (VPS) Services?

    No, Bybit does not provide any VPS services. However, users who wish to use VPS services may find more information on the MetaTrader website here.

     

    For better latency, users may want to consider selecting a VPS data center based in Japan as the Bybit Live MT5 servers are also located there.

     

     

     

     

     

     

    MT5 Demo Account

    How to Activate Bybit MT5 Account?

    Users must create an account on Bybit Testnet and activate their MT5 Account on the Testnet website here.




    How to Login to Bybit MT5 Demo Account?

    The login method is similar to that of the Live account but differs when selecting the server. Please select the server Bybit-Demo when using your Demo account. For a guide on how to log into Bybit MT5, please refer to this guide.




    What is the difference between a live and a demo Bybit MT5 Account?

    The Live Bybit MT5 uses real money and the prices are based on the actual market prices while the Demo Bybit MT5 uses test coins and the prices will differ from the market prices.




    How can I add and remove funds from the Bybit MT5 Demo Account?

    The fund transfer method is similar to that of the Live account. You can refer to this guide for detailed steps on how to deposit and withdraw from your MT5 Demo Account. Please ensure that all transfers to and from the MT5 Account are done on the Testnet Bybit website.

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