MetaTrader 5 Multi-Asset Trading Platform

MetaTrader 5 Multi-Asset Trading Platform

In the United States, finding a reputable broker that offers MetaTrader 5 is harder than finding a Yankees fan who hates Derek Jeter. Though it opened up to equities, MetaTrader 5 traders represent a very small percentage why trade forex of the platform’s users. Even the big currency brokers and OANDA exclusively support MetaTrader 4. To find a home with MetaTrader 5, you’ll have to venture outside the borders of the United States.

MT5 also provides inbuilt advanced reports for
analysing trading activities quickly. The reports can track initial and final values of the instruments. MT5 features Market Depth, enabling you to see the best bids and offers for a particular asset.

  1. The robots operate without the participation of the trader, monitoring price, and performing trading operations by following an underlying algorithm.
  2. Candlestick, line and bar charts are available on the MT5 base platform, with time frames varying from 1-minute to monthly.
  3. You can send money between your forex and stock trading accounts without logging off.
  4. A/D is calculated through the changes in volume and prices of a security.
  5. You can make use of this bonus every time you deposit your trading account.
  6. The Momentum indicator measures the price changes of a security over a certain period.

The MetaTrader 5 platform provides everything you need for successful trading, including up-to-date account information along with a powerful trading system. This platform also offers Market Depth, a separate accounting of orders and trades, the support of all types of trading orders and execution modes. MetaTrader 5 is a multi-asset, multi-functional trading platform used by traders from around the world. If you haven’t heard of MT5, clearly, you are living under a rock. An Exchange Market is the aggregation of buyers and sellers of securities.

To get the most out of MetaTrader, it’s beneficial to know when you should use MT4 vs. when to use MT5. Naturally, users didn’t want to rewrite or re-purchase robots that worked perfectly fine on the MetaTrader 4 platform. You can open several types of accounts with HYCM including those that are commission free and those that charge $4 per round. HYCM has been in the business since 1977 and is considered a trusted and valued platform. The platform processes 25,000 orders a day and offers a customer service department that is reachable 24 hours a day Monday through Friday.

MetaTrader 5 will, of course, require you have a registered account (live or demo) with a broker. To find your ideal broker, research the top MT5 brokers in your region. Blueberry Markets is a regulated broker that gives you free access to MT5. A fractal helps detect the market’s highest and lowest price movements. An upwards fractal is made of five bars,
where two are before and after the highest maximum point of a market.

Such versatility provides to traders a full arsenal of trading tools for a successful work on any financial market. Up to 100 charts can be opened in the platform to enable monitoring of all required financial instruments. The MetaTrader 5 charting system includes 21 time-frames, from one-minute to one-month. Such a diversity of time-frames allows examining short-term price fluctuations along with long-term trends. MetaTrader 5 also provides over 80 built-in technical indicators and analytical objects for the most detailed price analysis. More technical indicators can be downloaded, purchased or ordered using additional MetaTrader 5 services, such as Code Base, the Market of applications and the Freelance service.

News & Analysis

MetaTrader 5, the powerful automated trading platform, offers advanced tools for successful trading
analysis and trades in the financial markets. Aside from Forex, the MT5 platform helps you trade Stocks, CFDs, and Futures. It has numerous order types and execution modes that allow traders to use custom trading strategies even when their machine is not online. The MetaTrader 5 system provides for the entire development environment to help you create and optimize your own trading robots. With the high-performance MQL5 programming language you can create Expert Advisors utilizing heavy calculations for the most accurate technical analysis and forecasting. The platform represents the all-in-one concept and offers impressive analytical tools.

MetaTrader 5 added two additional order types and is now open to stocks, bonds, futures, options and forex trading. Popular features like hedging, expert advisors and automated strategies can still be used. MetaTrader 5 supports algorithmic trading, which implies trading on exchange markets by a preset algorithm using automated trading robots. Such trading robots can be developed, tested, debugged, and optimized directly in the platform.

Best Brokers That Feature MetaTrader 5

Launch the web version right now and start trading in just two clicks. Use the MetaTrader 5 web platform without downloading or installing any application. This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

#1 Broker Voted by Traders’

Place your trades automatically and view several charts and tools with our industry-standard MT5 platform. Any trade operation on the Forex or Exchange Markets can be executed through an order. This is a request to a broker to buy or to sell a financial security.

Modern technology and web development make it possible to trade securities using multi-functional computer software — trading platforms. The trader places an order to buy or sell securities in such software, and the broker then makes a transaction on the stock exchange on behalf of the trader. The MetaTrader 5 trading platform provides cutting-edge functionality for trading on global exchanges, as well as powerful tools for technical analysis, algorithmic and social trading. MetaTrader 4 is the dominant version of the trading software, but MetaTrader 5 does have some improvements and upgrades. Most prominently, the platform is no longer just for currency traders.

Through the Toolbox window, traders can track their number of orders and positions, open prices, volumes, stop-orders or their account status. Additionally, this tool gives direct access to the detailed history of all deals in one window. Pending orders are formed instantly but they can be executed in future, as soon as the market situation meets the specified condition. For example, with the Buy Stop order a trader can buy stocks, currencies or other securities once their price will be higher than the current one. If the trader expects that a security price will rise to a certain level and then will continue the upward movement, then this request can be used. The amazing thing about MQL5 is that it allows “black box” programming, which means that it is easier to program.

The best application for trading Currencies, Stocks and Futures

You can send money between your forex and stock trading accounts without logging off. Improvements and new features are plentiful on MetaTrader 5, but the lack of backward compatibility means MetaTrader 4 is still the primary platform. Stocks, options and futures trading is a big step and could open the door for more in the future. The platform interface has been translated into 31 languages and is free through your broker. One of the most impressing features of your MetaTrader 5 is Algorithmic Trading. This feature implies automated trading using specialized applications — trading robots (Expert Advisors).

You can also order custom applications from professional programmers using the freelance service. Full-fledged financial market trading can be enjoyed without even a desktop computer. The only thing you need to do is to install the mobile version of MetaTrader 5 for Android or iOS on your smartphone or tablet.