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Knowledge base: MT5 trading platform
About MetaTrader 5
Posted by Olga Palikarpava on 27 November 2019 02:39 PM

MetaTrader 5 by MetaQuotes Software Corp. is a multi-asset trading platform that supports various trading instruments: Forex symbols, stocks, futures, and CFDs. The application inherited the convenient user interface of MT4. The MT5 trading platform provides access to the Depth of Market data, real-time quotes, various order execution modes, advanced trading tools, chart settings, economic calendar, and many other features. With MetaTrader 5, you can use numerous built-in tools for technical analysis, subscribe to signals of successful traders or create your own indicators. You can also use the MT5 web terminal or a mobile application for Android and iOS devices.

Important: Only ECN trading accounts are currently supported in MetaTrader 5.

Download MetaTrader 5 ECN - FXOpen

MetaTrader 5 terminal main features:

  • Market execution with direct access to the interbank market.
  • Market, pending, Stop Loss, Take Profit and Trailing Stop orders.
  • One-click trading from the price chart and modification of SL/TP levels by moving order lines on the chart.
  • Advanced chart settings: 21 time frames, analytical tools, customizable color schemes, scaling, profiles and templates.
  • 38 built-in technical indicators and 44 graphic objects.
  • Trading strategies tester, economic calendar, events notifications.
  • Web terminal and mobile applications for Android and iPhone/iPad.
  • Depth of Market window with L2 prices. You can place market and pending orders with a single click and modify Stop Loss, Take Profit and pending orders by moving them to a different price level.

You can compare some features of the MetaTrader 4 and MetaTrader 5 terminals in the table below.

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