MetaTrader 5 (MT5)
MetaTrader 5 (MT5) is a powerful online trading platform developed by MetaQuotes Software Corp. It is the successor to the popular MetaTrader 4 (MT4) platform, and is designed to provide traders with a more comprehensive and advanced trading experience. MT5 offers a wide range of features, including advanced charting tools, automated trading systems, multiple order types, and a variety of order execution modes. It also provides access to a wide range of financial markets, including stocks, futures, options, and foreign exchange (Forex).
History of MetaTrader 5
MetaTrader 5 was first released in 2010, and has since become one of the most popular trading platforms in the world. It was designed to provide traders with a more comprehensive and advanced trading experience than its predecessor, MetaTrader 4. The platform was designed to be more user-friendly and intuitive, and to provide traders with access to a wider range of financial markets. It also offers a range of advanced features, such as automated trading systems, multiple order types, and a variety of order execution modes.
Since its release, MetaTrader 5 has become one of the most popular trading platforms in the world, and is used by millions of traders around the globe. It is available for both desktop and mobile devices, and is supported by a wide range of brokers and financial institutions.
Comparison of MetaTrader 4 and MetaTrader 5
| Feature | MetaTrader 4 | MetaTrader 5 |
|---|---|---|
| Number of Markets | Forex, CFDs, Futures | Forex, CFDs, Futures, Stocks, Options |
| Number of Timeframes | 9 | 21 |
| Number of Indicators | 30 | 38 |
| Number of Order Types | 4 | 6 |
| Number of Execution Modes | 2 | 4 |
Summary
MetaTrader 5 is a powerful online trading platform developed by MetaQuotes Software Corp. It is the successor to the popular MetaTrader 4 platform, and is designed to provide traders with a more comprehensive and advanced trading experience. MT5 offers a wide range of features, including advanced charting tools, automated trading systems, multiple order types, and a variety of order execution modes. It also provides access to a wide range of financial markets, including stocks, futures, options, and foreign exchange (Forex). For more information about MetaTrader 5, please visit the official website at https://www.metatrader5.com/en.
See Also
- MetaTrader 4
- Forex Trading
- CFD Trading
- Futures Trading
- Stocks Trading
- Options Trading
- Automated Trading Systems
- Order Types
- Order Execution Modes
- Financial Markets
