The Best Trading Platform: Metatrader 5

MetaQuotes has come up with the new advanced version of their successful MetaTrader 4 (MT4) platform called MetaTrader 5.

This Metatrader platform is quite great as a versatile software with smart applications to enhance your overall trading experience. The additional features in it make it accessible to PC, Mac, Android & tablets, so you can trade from any parts of the world. It is available in more than 30+ languages that makes it suitable for both Live and Demo trading.
After witnessing the successful feedback of MetaTrader 4 (MT4) from worldwide traders, MT5 seems to be more dynamic in nature.

In this article, we’ll discuss the features of MetaTrader 5. Let’s see what this new version has to offer.

About MetaTrader 5

MetaQuotes Software is behind the development of trading robots, technical indicators and strategies. These trading robots can perform both market analysis and automatic trades to save time.

MetaTrader 5 (MT5) is the most advanced online trading platform created by this software. It is completely free to download. MT5 has 21 different time frames to select for trading, which makes it more dynamic than what MT4 offers.

Trading on MT5 via FXTM will allow you to access the broader financial markets including forex trading, commodities, CFDs and indices as well as stocks and futures.
MT5 includes functions like fundamental technical analysis, copy trading & automated trading which are all built in its system. These tools and instruments available on this platform work best to enhance your trading quality.

MT5 offers more diversified balance transaction types than what MT4 does.
Other additional advantages of MT5 include a dynamic strategy tester, exchange of fund transfer between accounts and an advanced system of sending alerts to keep updated of the latest market events.

The MQL5 community is the most interactive place to chat and bond among traders. Here, trading skills & resources are shared through communication.

MetaTrader 5 offers multiple smart functions for the modern FX traders:

  • Flexible set of trading orders for Forex, Stocks and other securities trading
  • Two-position accounting systems: netting and hedging
  • Unlimited charts, 21 timeframes and one-minute history of quotes
  • Technical analysis with over 80 built-in technical indicators and analytical tools
  • Fundamental analysis based on financial news and economic calendar
  • The largest store of ready-to-use trading applications at MetaTrader Market
  • Powerful algorithmic trading with the built-in MQL5 development environment
  • Trading Signals allowing you to automatically copy deals of experienced traders
  • A system of alerts to keep track of market events
  • Built-in Forex VPS
  • 44 graphical objects
  • An economic calendar
  • Email system.

MetaTrader 5 App for Mobile Trading

Trading through this mobile app provides traders with even more flexibility and dynamic choices. You can respond to market movements faster with this app.
This function is a great tool for any modern trader who can trade any point of time within his busy schedule.

MetaTrader 5 characteristics for iPhone and iPad

All these exciting features can be accessible for 24/7, at any time and anywhere:

  • Trading currencies and stocks from anywhere
  • Built-in 30 technical indicators and 24 analytical tools
  • Multifunctional trading system with Market Depth
  • Netting and hedging position accounting systems
  • Full set of pending and stop-orders
  • 3 kinds of charts & 9 timeframes
  • Built-in chat, financial news, alerts and push notifications

Features of MetaTrader 5 for Android

  • Market Depth- A powerful trading system
  • Unlimited charting tools & 21 timeframes
  • Built-in technical analysis tools
  • MQL5 community
  • Financial news, alerts and push notifications
  • Advanced version for tablets

MetaTrader 5 WebTrader

This is a web-based trading solution to make your trading effective, where no software download is required. Get into your FXTM account and start trading with this platform.
It allows you to trade from any browser and operating system

MT5 web platform features:

  • 21 timeframes
  • Six kinds of pending orders
  • Interface customization
  • Unlimited Charts
  • Macroeconomic global news
  • Accessible to CFDs, stocks and futures

MetaTrader 5 for PC

This MT5 trading platform offers you a smarter and flexible trading system with magnificent functions:

  • 80+ indicators and tools
  • Can get access to 100 charts
  • Additional pending order types
  • Trading tab for one-click trading
  • Highlighted entry and exit points
  • NDD/STP
  • Fundamental analysis

MetaTrader 5 for Mac

Its advanced features and multifunctional technical analysis tools make MT5 the ultimate trading platform for all levels of traders.

These traits make it the most dynamic platform for forex trading:

  • Full set of pending and stop-orders
  • Built-in chat, financial news, alerts and push notifications
  • Global trading currencies and stocks
  • 30 technical indicators & 24 analytical objects
  • Netting and hedging position accounting system

Summary

MetaTrader 5 is all in all a great platform with dynamic features to give us a good trading experience. After witnessing such integrated tools and functions, we can say that this software has more advanced ability than MT4. Now we can’t wait to try even a more advanced version of MT5 that might likely enter the market anytime soon. We have so far discussed all the benefits it has and would recommend every trader to try it for sure. MT5 is a well-deserving trading platform that has already received much appreciation globally to this date.

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