People who are going to trade are looking for platforms that help them reach the desired goals in order to make profit and always stay ahead of the trends while beating the competitors.
The metatrader 5 platform is one of the most popular platforms among people, as it was developed by the responsible company, MetaQuotes, as it is the modern version of the previous version, MetaTrader 4.
Since its appearance, the platform has been very popular among many people, as its design has been relied on to accommodate the largest number of assets such as cryptocurrencies, making it one of the ideal platforms for beginners seeking to improve the trading experience by using advanced tools.
In our next article, we will highlight with you the advantages of trading through the MetaTrader 5 platform as well as how people can get the ideal way to trade assets and CFDs in Forex with commodities, indices and more.
Also Read: Best Cryptocurrency Trading Platforms
Who are the platform services provided to?
The services of the platform are provided to the novice trader who is able to use it because of the simple, smooth interface and ease of dealing, while it was provided according to the educational resources with the presence of a demo account similar to the normal account in order to deal with it before starting trading operations .
The platform is not restricted to beginners only, but its services are provided to professionals in the trading world, where they can read and analyze data and know what you are looking for in the future based on various analyzes and graphics.
Advantages of trading on the MetaTrader 5 platform
People who are going to trade need to know the features of each of the different platforms to choose the most suitable one among them, and many choose the MetaTrader platform because of the benefits that it brings.
Among the many advantages that the platform brings are the following:
Ease of handling
The first feature that the platform brings is its ease, as it has a lot of instructions that help the person to enhance the trading activities, as he must first get to know all the functions and the possibility of achieving them to make sure and know whether he is qualified to benefit from them or not.
After getting acquainted with the features of the platform, one can exploit the great power that it brings, as it did not take long to learn the seven types of asset classes available with knowledge of trading tools as well as indicators, graphical charts and other orders and strategies.
The company executing the platform has a lot of educational materials that it provides to people before using them, and they are free to take advantage of and watch all the books and videos that eventually lead to clarification of all the details of the trading method that should be used for financial assets.
Safety
The second advantage that the platform provides is complete security, as it allows a large amount of safe trading for people by securing all the accounts on which they are located, and relies on a lot of encryption mechanisms for the data that is exchanged between client stations and servers of the platform.
The MetaTrader 5 platform provides the advantage of using any of the different browsers or any of the operating systems with encrypting all the registration data to ensure that no one knows it and keep it confidential.
Read also: Best Reliable Trading Sites in UAE
automated trading
The features that the platform comes with are not limited to that, but it also offers the feature of automated trading by using trading robots known among people as Expert Advisors (EAs) that help people analyze quotes.
Automated trading robots also work to implement all the operations that people need according to accurate data, which in the end ensures access to the right decisions regarding various trading operations.
Free chat
The platform offers one of the great features, which is the ability to communicate with others through free chat options, which connects with other traders, and this communication is one of the most important ways that contribute to managing market dialogues.
This feature also helps to exchange information between trading people and each other and this is in the interest of trading operations.
Provide support to all customers
The platform offers a customer support service by providing a dedicated online help page where important information is available under different headings such as the way to start trading and the platform settings for clients.
The customer support service of the platform adjusts the user interface, works with data graphics, configures analytics settings and auto-trading, in addition to setting signals and virtual hosting, and all these things are done according to very easy instructions.
How the MetaTrader platform works
The MetaTrader platform works on a range of different styles of tablets while it can be used from desktop devices or accessed via a website on the Internet and also supports all mobile phones.
The platform offers traders in more than thirty different languages around the world, perhaps the most prominent of which are Arabic and English, with the possibility of using them according to the French or Spanish language, according to what the person needs, and the manufacturer helps users analyze the market in detail.
The platform offers the ability to perform advanced trading operations with the ability to operate the trading robot and provides three modes of execution, namely instant or execution on demand, and the third type is execution by market and helps users to make any of the buying or selling operations.
All a person has to do to use this wonderful platform is to subscribe to it, register a new account, and then start conducting various trading operations through the trading panel that is provided to all users.
Requirements for using the MetaTrader platform for trading
In order to use the platform, a person needs to have his device on any of the following operating systems (operating system – Windows XP / 2003 / Vista / 2008/7/8/10.) With the need for the device to also have a single processor that supports instruction sets SSE2.
Finally, in the article, we presented the most prominent features of the platform, which made it one of the best trading platforms, as well as the requirements that a person needs in order to use it.
