After a number of improvements on MetaTrader 5 have been made in the past few months, the platform receives positive feedback and gains more popularity among both forex brokers and traders.
MT5 has been standing in the shadow of MT4 for a long time, as it lacked some of MT4 features, such as hedging option. Since the beginning of May the platform has undergone many enhancements: a new web-based beta version of MT5 was launched, available via any browser and operating system; new certificates for advanced security connection were also introduced; the much anticipated hedging system of position accounting was launched at the end of March. MetaQuotes is aware of the fact that the key to success is to follow an meet the needs of clients.
As a result, the fifth generation platform developed by MetaQuotes has already received positive feedback and the company expects more market participants to switch to MT5. RoboForex, Alpari, FX Choice and other companies, such as Solid Financial Services, recently launched the MetaTrader 5 trading platform with the hedging option. The interest in MT5 has been sparked among exchanges as well.
Russia’s largest forex broker, Alpari, has registered a significant growth of the number of new accounts. This confirms that forex traders actively use hedging and prefer brokers offering such an opportunity.
Boris Shilov, Chief Executive Officer of Alpari, commented “In May 2016, MetaQuotes has released the long-awaited MetaTrader 5 platform version with bidirectional trading. This feature is familiar to most traders and maximizes the number of available strategies. Alpari has been the first one to offer the platform version on the market. Our clients are satisfied with the high speed of order execution, while we are satisfied with the increasing number of newly opened accounts. I believe that MetaTrader 5 is a worthy alternative to highly popular MetaTrader 4, and I am sure that MetaTrader 5 will become the key platform for our clients worldwide“.
The MT5 platform supports trading in forex, contracts for difference (CFDs), options, futures, and equities trading instruments. Unlike its predecessor – the MT4, the MT5 features functions for stock market traders. The platform allows the execution of orders in several financial markets and stock exchanges through a single trading account. The MT5 platform differs from the previous version in its more progressive algorithms for processing client operations and execution speed.
MT5 trading is included in the offering of forex brokers Alpari, FXChoice, Exness, FXTM, IC Markets, RoboForex, Admiral Markets, FiboGroup, Pepperstone, etc.