MT5 Stock Trading

MT5 Stock Trading | Online CFD Platform

MT5 Stocks Broker Comparison Table
Online BrokerMinimum DepositTrading PlatformsRegulation
$5MT5, MT4FCA, CySEC, ASIC
$100MT5, MT4FCA, CySEC, DFSA, CIMA
$200MT5, MT4ASIC
$200MT5, MT4, cTraderASIC

MT5 Stock Trading

MetaTrader 5 (MT5) is the successor to MetaTrader 4 (MT4). MT5 has a number of enhancements on MT4, one of which is the capacity to have an extended range and number of markets to trade. As can be seen from the comparison table the brokers offer MT4 and also may have other platforms.

But why might a trader be interested in trading Stocks CFDs on MT5 ? One way of looking at this is to consider that traders want to trade Stocks CFDs on MT4. The reason for this can include that the platform is one which the trader is attuned to, perhaps from trading markets well known as MT4 markets such as Forex and Precious Metals. With MT5, the broker may offer an extended number of Stocks, compared with MT4.

As a successor to MT4, MT5 has enhancements including a greater number of technical indicators and wider range of graphical objects and time frames inbuilt into the platform. However the power of MT4 and MT5 is arguably in their wider support network and the capacity to find and even create technical indicators and automated trading strategies.

On both MT4 and MT5, automated trading strategies are called Expert Advisors (EAs). These are computer program which execute rules to enter manage and exit a trade. This may be exactly what a human trader does, however, these trading robots have advantages of speed an accuracy, assuming no computer or connection issues.

Some strategies may require rapid sequences of trades to be completed and a human trader may find this tiring, but a robot does not tire. However the human trader has the potential advantage of exercising discretion in the application of rules, and the robot may simply execute trades producing drawdown or losses in the traders account, where a human trader may stop. However conversely, a trade may work out in the end, and a human trader may exit before this happens.

So even if the trader is not used to MT5, they may find is worthwhile to learn how to use this platform so they can make use of the potential it has to enable the trader to try methods they might otherwise not use on another platform. All these brokers support the use of EAs.

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