ForexBrokersAZ.com
SingaporeSingapore

Best MT5 Brokers

MetaTrader 5 is the successor to MetaTrader 4, the world's most popular retail FX trading platform. Compare MT5 brokers now.

FxPro

MT5 Floating - Market Exec. 		More »
LiteForex

Cent Account 		More »
LiteForex

Classic Account 		More »

MT5 was released in 2011 as a successor to MetaTrader 4, the world's most popular retail Forex trading platform.

MetaTrader 4 vs. 5

If you are comfortable trading on MetaTrader 4, you might wonder what MetaTrader 5 has to offer:

  • CFDs on stocks, indices and commodities alongside Forex (MT4 is primarily focussed on the Forex market). Note that the range of markets and securities will ultimately depend on your broker.
  • Six types of pending orders and two types of stop orders (MT4 has four types of pending orders).
  • A wider choice of chart time-frames.
  • Additional technical indicators

Automated trading

MetaTrader 5 also supports Expert Advisors, robots that allow you to automate trades and account management tasks. However, you should note that MetaTrader 4 robots are not compatible with MetaTrader 5. If you are particularly keen on using a certain EA, you'll need to check compatibility with your chosen platform.

You can write your own EAs with MetaQuotes Language 5 (MQL5), the platform's built-in programming language. MQL5 is an object-orientated programming language which means you'll feel right at home with it if you're familiar with C++, C#, VB.NET or Java.

Mobile trading

MetaTrader 5 is also available on iPhone and Android. Manage your account, trade online and perform technical analysis drawing on 14 of the most popular indicator in one place.

Related articles:


Tell your friends about us:

Featured Brokers

#1 for Beginners

eToro

eToro Account:

1:400 leverage (up to) and $400 deposit

Visit broker »
#1 for Pros

FXCC

ECN Standard:

1:300 leverage (up to) and $100 deposit

Visit broker »
#1 Islamic

HotForex

Islamic Account:

1:400 leverage (up to) and $500 deposit

Visit broker »
#1 Low Spreads

AvaTrade

MT4 Floating:

1:400 leverage (up to) and $100 deposit

Visit broker »

About UsPrivacy PolicyTerms of UseForex Affiliate ProgramsRSS FeedForex DirectorySubmit a Link

Trading foreign exchange, contracts for differences or spread bets on margin carries a high level of risk and may not be suitable for all investors. You could sustain a loss of some or all of your funds if the markets move against you. For this reason, you should not invest more than you could afford to lose. ForexBrokersAZ.com does not accept deposits, advise on investments, deal in investments (as agent or principal) or arrange deals in investments. Information published on this website and in our external communications is factual and for information purposes only. It does not constitute financial advice under the Financial Services and Markets Act 2000. ForexBrokersAZ.com is owned by Hades Capital Limited, a company registered in England under number 08176698.