Russian software developer MetaQuotes said on Friday it has released a new build of the mobile trading platform MetaTrader 5 (MT5) for devices with iOS operating system, with which it has added an option to login to or register on the MQL5.com website via a Facebook account.
Users will also have the option to receive push notifications from MQL5.com about new articles, chat messages, comments on forum topics, and other updates.
Investors can use their Facebook login details to access MT5’s charts and relates services with just a few simple clicks.
MQL5.com is a website by MetaQuotes where users can find various information about the MQL4/MQL5 languages (on which are based the MT4 and MT5 platforms), as well as to discuss with other users issues of programming in the languages, trading, automated trading systems development, strategy testing and using technical indicators in the two platforms.
MT5 is a multi-asset trading platform that offers access to a number of markets, including those for forex, contracts for difference (CFDs), options and futures markets, as well as stocks.
The platform uses MQL5 programming language and allow automated trading via Expert Advisors (EAs). It is available as an application for desktop and mobile devices and features advanced charting package, trading and analysis tools, alerts, signals, and customizable indicators. The platform allows four types of order execution – Instant, Request, Market and Exchange.
MT5 is the successor of MT4, which is the worlds’ most widely-used forex trading platform. Recently, MT5 has been gaining momentum as the number of brokers that adopt the platform has been growing weekly. Interest in the platform increased significantly after it was added a hedging capability in late March 2016. In addition, the platform developer has expressed intentions to stop issuing updates to the MT4 as it seeks to focus entirely on the MT5, which additionally contributed to the growing popularity of the MT5.