The MetaTrader 5 platform was born as an evolution of the still popular and widely used MT4, the simpler and lighter model.
The MT5 platform of the MetaQuotes company offers more tools and capabilities than its predecessor, and is designed to also support several more instruments such as CFDs, stocks, indices, futures and options.
If you’re wondering why the MT5 did not automatically replace the MT4, I’ll explain it very simply.
As you may know, with the MT4 any programmer could create their own programs and indicators, and run them freely on the platform.
Always among the most famous and awarded, the London-based broker FxPro has been awarded Best MT5 Broker on the latest UK Forex Awards 2016. For sure the best choice to try the forex Metatrader 5.
Founded in 2001 in Russia and strongly growing in recent years, also Admiral Markets was among the nominees for the best MT5 broker for 2016. Today Admiral Markets is a global brokers with offices all around the world.
Last nominee in the UK Forex Awards 2016 in the category MT5 Platforms is Forextime (FXTM), broker based in Cyprus and also winner of several awards over the years.
Among other famous Cypriot brokers that support MetaTrader 5 we have NordFX.
Fourth nominated as best MT5 forex broker we have Exness, a relatively young Cypriot-Russian broker, founded in 2008. Despite his young age he already managed to win several awards.
Fourth nominated as best MT5 forex broker we have Go Market, a relatively a good and top Australian broker.
Investoram.Org
April 6, 2019 at 8:42 amSpecifically, the MT5 is a much more capable platform when it comes to offering equities, futures and other exchange-traded instruments. As such, technology providers were keen to satisfy this demand by further pushing the deployment of the platform and its infrastructure, allowing brokers to streamline their operations and empowering them to focus their resources on growth.