as one of the trading platforms. MetaTrader5 has many new features compared to the previous version of the software (MetaTrader4). It still supports variousexpert advisorscustom indicatorsand scripts, but also provides a better Strategy Tester, news event objects, built-in market for trading products and a more flexible development environment. If you look for a simple trading platform with an outstanding functionality combined with thousands of free indicators and automated strategies, choosing an MT5 broker will give you that. You will find 47 brokers listed in the table below.
MetaTrader 5 is not as popular as MetaTrader 4, but it is a trading platform with its distinct features. Consider the following reasons to choose a broker supporting MT5:
You want only one consolidated position per currency pair.
You want one of the best possible backtesting tools in the industry. It comes with free self-downloading high-quality historical data for dozens of currency pairs.
You would like to use a built-in Signals service, where trading signals are supplied and executed within one platform, automatically.
You develop your own trading tools and would like to use multiple free code libraries and standard classes.
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