MetaTrader

MetaTraderfor Windows

Rating
4.8
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App info

LAST UPDATED:
2023-07-20
DEVELOPER:
MetaQuotes Software Corp.
LICENSE:
Free
VERSION:
5.2
FILE SIZE:
4.58 MB
DOWNLOADS:
379
OPERATING SYSTEM:
Windows
FILENAME:
mt5setup.exe
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Thomas Lucero
Thomas Lucero
Appsitory Reviewer

All markets in one place

Metatrader 5 is a trading platform designed for use by experienced and beginning traders alike. It can trade forex, commodities, stocks, and indices. The software is available in over 20 languages and has been developed using Microsoft .NET technology. It is compatible with all modern operating systems, including Windows 10.

The software provides a range of features that allow users to select from multiple time frames on each chart and zoom in or out depending on what they are looking for. It also allows users to create alerts when specific conditions are met, such as price movements or technical indicators being triggered. The alerts can be set up so that they will be sent directly to their email inbox as soon as they occur so that they can respond quickly if necessary.

Powerful trading system

Metatrader 5 is a robust platform that allows you to create any strategy and customize your trading experience fully. You can find the right trading tool for any situation, whether you're a beginner or an expert.

The advanced Market Depth tool allows you to view the order book, see real-time quotes and track market movements in real-time.

You can save time and money by using the 2 position accounting systems, which allow you to manage multiple accounts from one interface while having complete control over each account's risk management settings, including stop loss orders and trailing stops.

Professional technical analysis

MetaTrader 5 has all the tools you need to start analyzing the market with technical analysis.

The 38 technical indicators are divided into the groups: trend, volatility, oscillators, and volume. The 44 analytical objects include statistics, price channels, and more. You can create up to 21 different timeframes for your charts. And if you're an active trader, you'll love the one-minute history feature — you never have to worry about missing a big move.

Fundamental analysis

Fundamental analysis is the study of economic factors that affect the price. This section allows you to view financial news and the economic calendar. You can also receive notifications about upcoming events and a detailed description of the event itself.

Trading signals and Copy Trading

Trading signals and Copy Trading are 2 features that can help you make better decisions about when to trade. Trading signals notify you of price movements and other market data, such as news events. You can set up trading signals based on some parameters, including price, time frame, and currency pair.

Copy Trading lets you automatically copy the trading activity of another trader. You can choose which types of trades will be copied, for example, only trades with high-profit potential, and then choose the trader whose activity you want to copy.

Algorithmic Trading

Algorithmic trading is executing a large order using automated pre-programmed instructions. It aims to maximize profit and minimize risk by eliminating human emotions, errors, or delays.

Conclusions

MetaTrader 5 is a solid trading platform with all the features you need to trade successfully. It's a bit overwhelming for beginners, but it will be easy to deal with once you get familiar with it. The platform is well suited for manual and automatic traders who want to copy someone else's trades or simply execute their own strategies on the market.


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Pros
  • Feature-rich
  • Clean interface
  • Algorithmic trading
Cons
  • Paid advanced tools
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