What is MetaTrader 5? (All You Want to Know)

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What is MetaTrader

(All You Want to Know)
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MetaTrader 5 (MT5) is a platform for online
trading in forex, stocks, and futures. If you
trade financial markets or otherwise have an
interest in trading of any kind, MT5 is a
powerful tool you will want to learn more about.
MetaTrader 5 (MT5) is a web platform for trading
forex, stocks, and futures. MT5 offers expert
advisors, automated trading strategies, automated
trade executions, and communication tools within
a single unified system. Millions of traders are
using MT5 with the goal of making profits by
buying and selling currencies, stocks, and
indexes around the world. The idea behind
MetaTrader 5 was to create a single platform
that would combine all existing MetaQuotes
products into one cohesive unit.
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What is MetaTrader 5?
MetaTrader 5 (MT5) is the latest version of the
popular and widely used MetaTrader platform for
online trading. While MT4 was mainly focused on
forex trading, the newer version MT5 also
supports stocks and futures markets. MT5 is
available in two versions one that can be
downloaded and installed on individual computers
and a web-based version that runs on any
browser. To use either version of the platform,
you need to download it from the official
MetaTrader website or log in directly to your
trading account if your broker offers you a
web-based version.
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MetaTrader 5 comes with a host of customizable
features that allow traders to adapt their
trading preferences according to their needs. It
supports 18 languages, multiple timeframes from
1 minute to a month, an unlimited number of
charts, more than 50 built-in technical
indicators, and 24 analytical objects. The number
of graphical objects and indicators gives
traders plenty of room for customization.
The MT5 replaced the earlier version of
MetaTrader, version 4 (MT4), which was released
to the public in 2005. MT5 was released to the
public in 2010. The primary difference between
the two versions is that MT4 focused on forex
trading while MT5 offers more services and
options for traders.
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Some of the most important features of MetaTrader
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• Full access to Forex market liquidity
• Access to Forex and other markets from a single
  platform
• One-click execution of trading operations
• More than 80 built-in technical indicators for
  market analysis
• Timeframes from 1 minute to 1 month
• Over 2 000 free custom technical indicators for
  MT5 can be downloaded straight from the platform
• Final words
• The MetaTrader 5 platform provides everything you
  need for successful Forex trading a wide
  variety of technical indicators, graphical
  objects, line studies, linear and non-linear
  regression channels, advanced Gann tools, and
  more.

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