The financial services industry continues to see the proliferation of the MetaTrader 5 (MT5)
MetaTrader 5 (MT5)
MetaTrader5 (MT5) is an all-in-one trading platform that enables the trading of forex, futures, and stocks. As a whole, MetaTrader5 is widely considered as one of the best applications for trading due to its capability of supporting algorithmic trading applications, such as Expert Advisors, Trading Robots, and Copy Trading. Functioning as a multi-asset platform, MetaTrader supports hedge trading which is widely employed by investors trading the foreign exchange market. MT5 supports market, trailing stop, stop orders, and pending orders. Additionally, instant, exchange, market, and request are the four trading execution modes supported while a traditional netting system may also be used. The Benefits of MT5What separates MetaTrader5 apart from competing trading platforms would be the vastness of options and capabilities that the solution is capable of providing traders. Over 100 currencies and stock quotes can be analyzed while traders have the option to choose from more than 80 analytical tools and technical indicators. Furthermore, MetaTrader 5 supports several thousand indicators free of charge through their Code Base that can be integrated into the framework of MT5 while traders less adept to handle the rigors of trading can purchase or rent from over 2,500 algorithmic applications to execute autonomous trading programs on their behalf. For traders or programmers who are competent in the programming language, you can create custom trading algorithms and indicators to suit your unique interests. Additionally, traders can also leverage the built-in fundamental analysis tools to predict price fluctuations. Virtual Hosting may be rented to decrease server latency while mobile, web and algorithmic trading are supported. From the built-in Market of Trading Apps, traders can choose from custom-made trading robots or subscribe to a successful trader who renders a signal service. MetaTrader supports 31 languages while the installation takes no more than a few minutes to complete. Additional services may be opted-in while MetaTrader5 is an ideal solution for traders looking to independently trade, subscribe to a signal service provider or implement trading robots. MT5 is free of charge and comes with a $100,000 demo account.
MetaTrader5 (MT5) is an all-in-one trading platform that enables the trading of forex, futures, and stocks. As a whole, MetaTrader5 is widely considered as one of the best applications for trading due to its capability of supporting algorithmic trading applications, such as Expert Advisors, Trading Robots, and Copy Trading. Functioning as a multi-asset platform, MetaTrader supports hedge trading which is widely employed by investors trading the foreign exchange market. MT5 supports market, trailing stop, stop orders, and pending orders. Additionally, instant, exchange, market, and request are the four trading execution modes supported while a traditional netting system may also be used. The Benefits of MT5What separates MetaTrader5 apart from competing trading platforms would be the vastness of options and capabilities that the solution is capable of providing traders. Over 100 currencies and stock quotes can be analyzed while traders have the option to choose from more than 80 analytical tools and technical indicators. Furthermore, MetaTrader 5 supports several thousand indicators free of charge through their Code Base that can be integrated into the framework of MT5 while traders less adept to handle the rigors of trading can purchase or rent from over 2,500 algorithmic applications to execute autonomous trading programs on their behalf. For traders or programmers who are competent in the programming language, you can create custom trading algorithms and indicators to suit your unique interests. Additionally, traders can also leverage the built-in fundamental analysis tools to predict price fluctuations. Virtual Hosting may be rented to decrease server latency while mobile, web and algorithmic trading are supported. From the built-in Market of Trading Apps, traders can choose from custom-made trading robots or subscribe to a successful trader who renders a signal service. MetaTrader supports 31 languages while the installation takes no more than a few minutes to complete. Additional services may be opted-in while MetaTrader5 is an ideal solution for traders looking to independently trade, subscribe to a signal service provider or implement trading robots. MT5 is free of charge and comes with a $100,000 demo account.
Read this Term) platform in 2019. This includes a fresh push in Southeast Asia with Cambodian derivatives broker B.I.C Markets launching MT5, per a company statement.
MT5 has seen its availability rise across global markets, with many more brokers than ever before shifting to the newer variant over industry-standard MT4. This stance was echoed by Bun Sovatdy, Chief Executive Officer of B.I.C. Markets.
“MetaTrader 5 is a more intuitive Trading Platform
Trading Platform
In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools.
In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools.
Read this Term from both a front and back-end perspective, compared to its predecessor,” Sovatdy explained.
The move has been one of the more consistent trends in what has been a tumultuous year across the financial services industry, namely due to regulatory forces.
For its part, B.I.C. Markets operates as a leading derivatives broker in Cambodia and is the first company to launch the multi-asset trading platform domestically.
In doing so, the launch of MT5 will help position the company to absorb more clients and offer a broader suite of services.
Cambodia itself has also seen a larger swath of trading activity in recent years, with renewed interest from brokers looking to shift their focus from European jurisdictions.
With a burgeoning population, the country is an ideal destination serving as an untapped resource for clients.
It will be interesting to see if 2020 will continue this assimilation of MT5, in particular across Southeast Asia. B.I.C. Markets team is looking to MT5 to serve as a springboard for its own ambitions in the region, as well.
Per the launch, B.I.C. Markets will be supporting a wide range of new features under MetaTrader 5, which includes the following:
- Full set of financial instruments
- Leverage up to 1:400
- Hedging capabilities
- Account opening functionality with integrated back office
The financial services industry continues to see the proliferation of the MetaTrader 5 (MT5)
MetaTrader 5 (MT5)
MetaTrader5 (MT5) is an all-in-one trading platform that enables the trading of forex, futures, and stocks. As a whole, MetaTrader5 is widely considered as one of the best applications for trading due to its capability of supporting algorithmic trading applications, such as Expert Advisors, Trading Robots, and Copy Trading. Functioning as a multi-asset platform, MetaTrader supports hedge trading which is widely employed by investors trading the foreign exchange market. MT5 supports market, trailing stop, stop orders, and pending orders. Additionally, instant, exchange, market, and request are the four trading execution modes supported while a traditional netting system may also be used. The Benefits of MT5What separates MetaTrader5 apart from competing trading platforms would be the vastness of options and capabilities that the solution is capable of providing traders. Over 100 currencies and stock quotes can be analyzed while traders have the option to choose from more than 80 analytical tools and technical indicators. Furthermore, MetaTrader 5 supports several thousand indicators free of charge through their Code Base that can be integrated into the framework of MT5 while traders less adept to handle the rigors of trading can purchase or rent from over 2,500 algorithmic applications to execute autonomous trading programs on their behalf. For traders or programmers who are competent in the programming language, you can create custom trading algorithms and indicators to suit your unique interests. Additionally, traders can also leverage the built-in fundamental analysis tools to predict price fluctuations. Virtual Hosting may be rented to decrease server latency while mobile, web and algorithmic trading are supported. From the built-in Market of Trading Apps, traders can choose from custom-made trading robots or subscribe to a successful trader who renders a signal service. MetaTrader supports 31 languages while the installation takes no more than a few minutes to complete. Additional services may be opted-in while MetaTrader5 is an ideal solution for traders looking to independently trade, subscribe to a signal service provider or implement trading robots. MT5 is free of charge and comes with a $100,000 demo account.
MetaTrader5 (MT5) is an all-in-one trading platform that enables the trading of forex, futures, and stocks. As a whole, MetaTrader5 is widely considered as one of the best applications for trading due to its capability of supporting algorithmic trading applications, such as Expert Advisors, Trading Robots, and Copy Trading. Functioning as a multi-asset platform, MetaTrader supports hedge trading which is widely employed by investors trading the foreign exchange market. MT5 supports market, trailing stop, stop orders, and pending orders. Additionally, instant, exchange, market, and request are the four trading execution modes supported while a traditional netting system may also be used. The Benefits of MT5What separates MetaTrader5 apart from competing trading platforms would be the vastness of options and capabilities that the solution is capable of providing traders. Over 100 currencies and stock quotes can be analyzed while traders have the option to choose from more than 80 analytical tools and technical indicators. Furthermore, MetaTrader 5 supports several thousand indicators free of charge through their Code Base that can be integrated into the framework of MT5 while traders less adept to handle the rigors of trading can purchase or rent from over 2,500 algorithmic applications to execute autonomous trading programs on their behalf. For traders or programmers who are competent in the programming language, you can create custom trading algorithms and indicators to suit your unique interests. Additionally, traders can also leverage the built-in fundamental analysis tools to predict price fluctuations. Virtual Hosting may be rented to decrease server latency while mobile, web and algorithmic trading are supported. From the built-in Market of Trading Apps, traders can choose from custom-made trading robots or subscribe to a successful trader who renders a signal service. MetaTrader supports 31 languages while the installation takes no more than a few minutes to complete. Additional services may be opted-in while MetaTrader5 is an ideal solution for traders looking to independently trade, subscribe to a signal service provider or implement trading robots. MT5 is free of charge and comes with a $100,000 demo account.
Read this Term) platform in 2019. This includes a fresh push in Southeast Asia with Cambodian derivatives broker B.I.C Markets launching MT5, per a company statement.
MT5 has seen its availability rise across global markets, with many more brokers than ever before shifting to the newer variant over industry-standard MT4. This stance was echoed by Bun Sovatdy, Chief Executive Officer of B.I.C. Markets.
“MetaTrader 5 is a more intuitive Trading Platform
Trading Platform
In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools.
In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools.
Read this Term from both a front and back-end perspective, compared to its predecessor,” Sovatdy explained.
The move has been one of the more consistent trends in what has been a tumultuous year across the financial services industry, namely due to regulatory forces.
For its part, B.I.C. Markets operates as a leading derivatives broker in Cambodia and is the first company to launch the multi-asset trading platform domestically.
In doing so, the launch of MT5 will help position the company to absorb more clients and offer a broader suite of services.
Cambodia itself has also seen a larger swath of trading activity in recent years, with renewed interest from brokers looking to shift their focus from European jurisdictions.
With a burgeoning population, the country is an ideal destination serving as an untapped resource for clients.
It will be interesting to see if 2020 will continue this assimilation of MT5, in particular across Southeast Asia. B.I.C. Markets team is looking to MT5 to serve as a springboard for its own ambitions in the region, as well.
Per the launch, B.I.C. Markets will be supporting a wide range of new features under MetaTrader 5, which includes the following:
- Full set of financial instruments
- Leverage up to 1:400
- Hedging capabilities
- Account opening functionality with integrated back office