MT5 Trading Platform: The Next Generation Trading Experience
For traders looking for a more advanced and feature-rich trading platform, MetaTrader 5 (MT5) is the answer. MT5 offers additional features compared to its predecessor, MetaTrader 4 (MT4), including two new types of pending orders for more control over stop-loss orders, 21 different timeframes for more precise analysis and advanced strategy backtesting capabilities.
One of the major differences between MT4 and MT5 is the type of account they offer. MT4 is a hedging type of account, which allows traders to open multiple positions of the same financial instrument in opposite directions. MT5, on the other hand, is a netting type of account, which aggregates all open positions on a single financial instrument, resulting in a single position with a net volume.
MT5 also comes with 8 additional built-in indicators and new analytical objects to identify cycles and trends. Moreover, traders can easily access time and sales data relevant to stock trading.
One of the biggest advantages of MT5 is its ability to handle multiple asset classes, multiple accounts and multiple currencies. Traders can set up more than one trading account and transfer cash from one account to the other with ease. MT5's multithreaded strategy backtesting allows traders to run multiple simulations simultaneously making it an ideal platform for creating and testing automated trading strategies.
As MT4 and MT5 are the most popular trading platforms globally, all the brokers we offer facilitate trading though MT5 trading platform.
EXNESS
EXNESS main features and highlights
Regulation
FCA, CySEC, FSA, CMA, FSCA, CBCS, FSC, FSC
Headquarters
Limassol, Cyprus
Year founded
2008
Num of instruments offered
200+
Trading fees category
Low-Average
Deposit/Withdrawal options
Bank card/wire transfer/Skrill/Neteller/Crypto
Deposit/Withdrawal fee
No*
Min deposit
10$
Inactivity fee
No
Max leverage offered
1:Unlimited**
PEPPERSTONE
PEPPERSTONE main features and highlights
Regulation
FCA, CySEC, BaFin, ASIC, DFSA, SCB, CMA
Headquarters
Melbourne, Australia
Year founded
2010
Num of instruments offered
1200+
Trading fees category
Low-Average
Deposit/Withdrawal options
Credit/debit card; bank wire; Electronic wallet
Deposit/Withdrawal fee
No
Min deposit
1$
Inactivity fee
No
Max leverage offered
500:1*
XM
XM main features and highlights
Regulation
CySEC
Headquarters
Limassol, Cyprus
Year founded
2009
Num of instruments offered
1000+
Trading fees category
Average
Deposit/Withdrawal options
Credit/Debit card, Neteller, Skrill, UnionPay, Web money, and Bank Wire
Deposit/Withdrawal fee
No*
Min deposit
5$
Inactivity fee
Yes**
Max leverage offered
1000:1***
BLACK BULL MARKETS
BLACK BULL MARKETS main features and highlights
Regulation
FMA – New Zealand
Headquarters
Auckland, New Zealand
Year founded
2014
Num of instruments offered
2500*
Trading fees category
Low
Deposit/Withdrawal options
Wire transfer, Credit/debit card, Neteller, Skrill, UnionPay, FasaPay
Deposit/Withdrawal fee
Deposit – No, Withdrawal – 5$
Min deposit
1$
Inactivity fee
No
Max leverage offered
1:500