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What is MetaTrader 5?

24 August 2021, 15:08

MetaTrader 5 looks almost the same as MT4, has very similar functions , but is designed for trading on the stock market and has some advanced tools. In addition to currencies, the new platform allows customers to trade any other asset: stocks, bonds, oil, gold, etc. MetaTrader 5 supports CFDs, futures and options.

This is a slightly improved platform – MT5 offers the community of traders advanced options for executing orders and a lot of order types, such as Limit and Sell Stop, depth of market display, backtesting automated trading algorithms, and economic calendar for market analysis, and more trading indicators built directly into the platform interface.