The MetaTrader5 trading platform was released in 2010, several years after the release of the MetaTrader4 platform in July 2005. While the MT4 Platform had been originally established with the Forex markets in mind, both MT4 and MT5 can cater to the Forex markets but also alternative asset classes, including equities, commodities, and now cryptocurrencies. Both platforms were created by MetaQuotes Software Corporation.
MT5's adoption was slow but has certainly become more popular with the increase in trading of non-Forex asset classes.
Possibility to reflect all the positions, while the MT4 platform is only able to reflect trades individually.
Desktop, mobile, and web versions available, enabling the trading of global financial market products anywhere, anytime.
In addition to Forex, the MT5 platform offers to trade across most asset classes, not to mention the futures markets.
The use of the MQL5 programming language facilitates the use of algorithms and the use of robots for trading, as well as copy trading.
MT5’s backtesting offering allows traders to test trading strategies, including the backtesting of Multi-pairings, at far greater speeds, saving traders significant
amounts of time in the backtesting process.
MT5 has 4-order execution modes to support various trading options, including Instant, Request, Market, and Exchange execution.
MT5 supports the full suite of trade order types including market, pending, and stop orders, as well as trailing stop.
The platform allows up to 100 charts of asset class quotes to be open at any one time, with 21 timeframes available to facilitate detailed analysis of minor price
movements, the availability of over 80 technical indicators, and analytical tools supporting a dynamic analytical environment.
In addition to the platform's available built-in tools, the MQL5 programming language allows traders to create their indicators with individual characteristics.
Traders are also able to select from a vast number of free of charge indicators from the Codebase, purchase or rent applications from the Market of more than
2,500 ready-made algorithm applications.
MT5 provides a fundamental analysis tool that can be used to forecast the price dynamics of financial instruments.
With the use of Virtual Hosting, MT5 can operate even when the computer is switched off
The MT5 trading platform on a reputable broker HouseFx was made available to support the trading of cryptocurrencies and can be downloaded after the Crypto Account is opened.
Complete the open account initial form then you will receive an email with credentials to access the client portal where you can activate your trading account in minutes!
We provide our clients with a wide range of payment options to fund their accounts including Debit/Credit Card and Bank Transfer .
Your account is now open and active as you will receive an email with your credentials and links to download the MT5 platform that suites your trading needs were you can start trading instantly!