What is MT5?
MetaTrader 5, commonly referred to as MT5, is the pinnacle of trading technology from MetaQuotes, following the widespread success of its predecessor, MetaTrader 4 (MT4) – which was designed for forex and futures trading.
Designed as a multi-asset platform, the strength of MT5 lies in its advanced features. By trading on MT5 with Vantage, you can take advantage of the latest version of MT5 which is compatible with a wide range of Expert Advisors (EA), signals trading and most importantly, includes the capability to hedge positions.
Start tapping on the advanced tools and trading orders available, as well as the ability to hedge positions on MT5 when you open a live account with Vantage today.
Features of MetaTrader 5
Next-gen trading platform: MetaTrader 5 (MT5)
MT5, while mirroring MT4’s familiar interface, is a state-of-the-art multi-asset trading platform. It empowers traders with a complete range of trading orders, enabling flexible trading across diverse asset classes.
Through Vantage’s integration with MT5, traders instantly access the liquidity provider’s market depth, offering insights into where large orders are sitting on the price ladder. Combined with MT5’s dual position accounting system, this ensures traders have the necessary risk management control needed for their trading.
Trading robots and FX Signals Trading on MT5
With MT5 forex trading signals compatibility, you can mirror the trades of your chosen expert traders.
You can purchase trading robots and technical indicators on MetaTrader Market. Find a trading robot that suits your trading strategy in a pool of more than 2,000 trading robots and indicators.
A superior trading platform in MetaTrader 5 (MT5)
Trading on MT5 via your Vantage account gives traders an edge in the markets. Experience superior charting capabilities compared to MT4. MT5 offers greater flexibility by letting traders view many charts across 21 different timeframes which is an improvement over MT4’s limited options.
Additionally, MT5’s integrated alert system ensures you’re always informed of crucial market events, eliminating the need for an external economic calendar.
Trade anywhere, anytime on the new MT5 platform
Switching to MT5 with Vantage is quick and hassle-free. New clients can get started in minutes while existing MT4 users can easily upgrade via the client portal.
Elevate your trading experience with the MT5 mobile app for 24/7 access, or use the MT5 WebTrader to trade from any browser without any downloads required. All you need is a stable internet connection to trade anytime, anywhere.
Frequently Asked Questions
Can you trade CFD on MetaTrader 5 (MT5)?
Yes, you can trade Contracts for Difference (CFDs) on MT5. Vantage offers CFD trading for forex, indices, shares, commodities, ETFs and bonds. You can trade these CFDs on both MT4 and MT5 trading platforms.
What can you trade on MetaTrader 5 (MT5)?
You can trade CFDs for forex, indices, shares, commodities, ETFs and bonds on MT5. This means access to highly traded forex pairs, leading indices, top companies listed on stock exchanges, and more.
Is MetaTrader 5 (MT5) suitable for beginners?
MT5 can be a suitable trading platform for all types of traders, from beginner to expert. As a beginner, MT5 allows you to gain access to a variety of tools for your fundamental and technical analysis.
With the latest version of MT5, you can also tap on the support of forex robots, trading signals and the capability to hedge positions. The MT5 platform can be accessed anywhere, anytime, and is available on both mobile apps and web browsers.
Can you use MetaTrader 5 (MT5) for stocks?
Yes, you can use MT5 to trade stocks via share CFDs on Vantage. Stocks that you can trade include Apple (AAPL), Tesla (TSLA), Microsoft (MSFT), Netflix (NFLX), Alphabet (GOOG) and more.
What is MetaTrader 5 (MT5) used for?
MetaTrader5 (MT5), like MetaTrader 4 (MT4), is a well-known, industry-leading platform created by MetaQuotes that offers a wide variety of custom indicators, trading signals and trading robots.
MT5 is the new and improved version of the MT4. While the MT4 was designed for forex and futures trading, MT5 suits multi-asset trading, which Vantage offers.
With MT5, you can gain access to trading tools for chart analysis, and have the opportunity to employ your own EAs.