The newest addition to the Metatrader family
WHY CHOOSEMT5 INSTEAD OF MT4?
MT5, is a next-generation multi-asset trading platform that is better than MT4 in many aspects. Its back-testing functions are not only faster than those of MT4, but it also allows simultaneous multi-pair testing. It has a similar graphical interface to MT4 which will help you get used to the platform quickly, while MT5’s unique integration with centralised exchange enables traders to trade commodities & indices in addition to Forex.
With MT5, MetaQuotes Software has increased the number of technical analysis tools available, along with more charting and timeframe options. Problems like limited types of pending orders and inability to segregate or get a quick ask/buy with a few clicks have been eliminated, making trading easier and slicker through additional for-traders features.
KEY FEATURES OF METATRADER 5
- More Pending Order Types: Traders can place eight types of pending orders to get more precise control over open positions.
- Cryptocurrency Trading: MT5 allows intraday swing trading or position trading. A new hedging feature enables scalping as well.
- One-Click Trading: MT5 simplifies the process of opening a new position with a single click.
- More Technical Analysis Tools: MT5 includes additional technical tools, which provide options to choose from over 21 timeframes for charting and nine additional techniques for chart structuring.
- Clear Segregation: MT5 allows segregation between the terms of order, position, and transaction.
- Optimised Strategy Tester: Improved testing capabilities for expert advisors and detailed presentation of results.
- Improved EAs: Integrated MQL Forex market product tabs for EAs.
- Economic Calendar: Traders can now stay up-to-date on economic events, data, and indicators in real time, every hour, for market monitoring.
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