How to connect ChatGPT to MetaTrader 5
With TraderWAI, ChatGPT can read live charts, check your MetaTrader 5 account and prepare orders with stop loss and take profit that you approve. It takes about 2 minutes and you don't need to install anything on your computer.
MetaTrader 5: The most used platform in forex and CFDs, connected through MetaApi.
Step 1: add TraderWAI to ChatGPT
Requires a paid ChatGPT plan (Plus, Pro, Business or Enterprise) with developer mode enabled.
- Open ChatGPT on the web and go to Settings → Apps & Connectors → Advanced settings.
- Turn on «Developer mode».
- Back in Apps & Connectors, click «Create» (or «Add connector»).
- Name: TraderWAI. URL: https://mcp.traderwai.com. Authentication: OAuth.
- Click «Create» and sign in with Google to authorize access.
- In a new chat, enable TraderWAI from the «+» menu → Developer mode.
Step 2: connect your MetaTrader 5 account
In TraderWAI go to Settings → Broker accounts → Add account and choose MetaTrader 5.
Enter your MetaTrader 5 login (account number), the master password and the server name exactly as it appears in MetaTrader. The account is set up in 1–3 minutes.
MetaTrader 5 is included in the Trader plan ($29/month). Charts and analysis are free on every plan.
Step 3: ask ChatGPT
Open a new chat and try, for example:
- «Show me the gold H1 chart and tell me where the key levels are.»
- «What positions do I have open and how much am I risking?»
- «Prepare a buy limit on EUR/USD at yesterday's low with a 20-pip stop and a 2R target. I'll approve it.»
What ChatGPT can do with your MetaTrader 5 account
- Read live charts in any timeframe, with the indicators you ask for.
- Check your balance, open positions and pending orders.
- Backtest a strategy idea on historical data before risking anything.
- Prepare market, limit and stop orders with stop loss and take profit that you approve.
- Leave conditional orders that TraderWAI watches every minute.
- Respect your risk limits: maximum daily loss and drawdown, risk per trade, size and number of trades.
Questions
Is it free to connect ChatGPT to MetaTrader 5?
Charts and analysis are free. Trading on MetaTrader 5 requires the Trader plan ($29/month).
Does ChatGPT place orders on its own?
Only if you want it to. By default every order needs your approval. You can also allow automatic execution for specific symbols, always within the risk limits you set.
Is my MetaTrader 5 account safe?
Your credentials are encrypted (AES-256) and the key is kept on a separate server. TraderWAI only acts on your account as you instruct and never requests withdrawal permissions.
Does it work with demo accounts?
Yes, with demo and live MetaTrader 5 accounts. We recommend starting with a demo.
Other AIs with MetaTrader 5
Trading involves risk. TraderWAI is a technology tool: it does not provide investment advice and AI analysis is not a recommendation; you decide every order.