METATRADER 5 (MT5)

MetaTrader 5 (MT5) is a software platform for online trading in the forex, CFD, and futures markets. It provides advanced charting capabilities, multiple order types, and automated trading (via Expert Advisors) to its users. The platform is developed by MetaQuotes Software Corp and is widely used by traders and brokers worldwide.

There are several reasons why traders use MetaTrader 5 (MT5). MT5 provides advanced charting features, including multiple timeframes, technical analysis tools, and custom indicators and supports automated trading through the use of Expert Advisors (EAs). MT5 also supports a wide range of order types, including market orders, pending orders, stop-loss, and take-profit orders, providing greater flexibility in executing trades. Traders have access to a more diverse range of trading instruments including forex, other CFDs and futures markets. The platform has a large user community and an active marketplace for custom indicators and EAs, making it easier for traders to find the tools and resources they need to succeed. Overall, MT5 is a powerful and versatile platform that provides traders with a range of advanced tools and features for a seamless trading experience.

To start trading on the MT5 platform you need to have an MT5 trading account with HFM. Open an HFM MT5 account.

Yes, Metatrader 5 is a free trading platform. HFM does not charge any fee for downloading or using MT5.

MT5 has been widely adopted by the online trading industry and has a large user base, which has helped to ensure that it is secure and reliable.

MetaTrader 5 is a multi-asset trading platform where you can trade a wide range of instruments available at HFM including CFDs on Forex, Metals, Energies, Commodities, Cryptocurrencies, Bonds, Indices, Shares, ETFs and DMA.

Automated trading on MetaTrader 5 (MT5) is performed using the MQL (MetaQuotes Language) programming language. With MQL, traders can write and execute their own custom trading algorithms and automated strategies, known as Expert Advisors (EAs). EAs allow traders to automate their trades based on pre-defined criteria, such as technical indicators or market conditions. This can help traders to save time and reduce the emotional impact of trading, as well as potentially increase the efficiency and accuracy of their trades. MQL provides traders with a range of tools for backtesting and optimizing their EAs, as well as access to a large library of pre-written EAs and custom indicators available through the MT5 marketplace. Overall, the use of MQL and automated trading with EAs is a popular feature of MT5, providing traders with a flexible and powerful tool for executing their trades in the financial markets.

The MT5 mobile app is available for both Android and iOS devices and allows traders to access their trading accounts from anywhere, at any time. The mobile app provides advanced charting, multiple order types, and real-time quotes and news. Traders can also manage their trades, set stop-loss and take-profit orders, and monitor the performance of their trading portfolio. In addition, the mobile app provides access to the MT5 marketplace, where traders can purchase and download custom indicators and Expert Advisors (EAs) to automate their trades.