Mobile Trading

The platform of choice for traders who want more tools and more markets

MT5 provides exceptional features to help you stay ahead in your trading journey including a strategy
tester for those interested in automating and testing their trading strategies and expert advisors,
a highly intuitive and easy to use interface, and advanced charting with endless possibilities.

Trade on the go, straight from your phone

Get the Fazo Liquidity Corp Trader app today for commission-free trading and spreads as low as zero on major FX pairs and gold

More than 70% of traders are trading the markets on their phone. Join them to react to every market movement as it happens. Trade with us on Fazo Liquidity Corp MetaTrader Apps and access live currency rates, manage accounts on the go. Never miss a minute of market action, wherever you are.

METATRADER 5 FOR ANDROID

Download MT5 for Android via Play Store to enjoy infinite market access wherever you are.

METATRADER 5 FOR IOS

Trading on your iPhone or iPad? Download MT5 for iOS straight from the Apple App Store.

METATRADER 5 FOR PC

Download MetaTrader 4 for PC or MAC and get the same platform benefits whilst trading from your desktop.

MetaTrader 5 (MT5) is the newest iteration of the popular MetaTrader platform. While the MT5 is newer, it is not necessarily an upgraded version.

Both MT4 and MT5 are trading platforms with back-testing capabilities, as well as graphical interfaces that look fairly similar. By design, however, MT5 was meant to meet the needs of non-forex and U.S. markets in a manner that MT4 could not. Essentially, MT5 is not necessarily better than MT4, but rather just different.

The MT5 platform has two additional order types that are not available on its predecessor. These are ‘buy stop limit’ and ‘sell stop-limit’. Additionally, MT5 also supports partial order filling policies.

MT5 has 8 additional built-in indicators, and 13 more graphical objects than MT4. This means that traders can perform more in-depth technical analysis in the financial markets using MT5.

MT5 has an integrated, comprehensive tab that shows news release schedules, the impact levels, previous data, and market consensus.

MT5 features a multi-threaded strategy tester that has noticeably faster execution speeds when testing programmed trading strategies. In addition, featuring an Agent Manager that enables remote optimisation, the MT5 strategy tester also allows for concurrent multi-currency pair back-testing.

 

MT5 has 21 timeframe charts, which is exactly 12 more than is available on MT4. This can give traders more room for performing a deeper analysis of their favourite assets.

 

Traders can easily transfer funds between accounts on MT5 if the accounts are within the same server. This helps to streamline processes, offering clients convenience and flexibility.

 

By hitting the ALT+B buttons, traders can view the depth of market, which is a graphical representation of bids and offers of an underlying financial asset, depending on trading volume. This is a functionality that can allow traders to execute trade orders at the best possible price.

 

MetaTrader 5 supports the netting accounting system that allows only one position to be held for any particular financial asset.

The MT5 email system supports the sending of emails with attachments.

Alongside forex as CFDs, traders can also trade indices, futures, cryptocurrencies, bonds and options on the MT5 platform. MT5 has an expanded instruments list of over 1,000 assets compared to the average 250 on MT4.

MT4 VS MT5 Features

Feature
MT4
MT5
Availability to brokers
Very popular
Very popular
User-friendly and easy to navigate
Extremely easy
Extremely easy
Roll-over and Hedging
Possible
Possible
Programming Language used
MQL4
IDE
Number of order execution types
3
4
Number of Pending Order Types
4
6
Depth of Market
No
Yes, but not available from the beginning
Technical Indicators
30
38
Timeframes
9
21
Economic Calendar
Not Available
Available in MT5 apps
Reports
Tables only
Tables + Charts
Everything can be exported to Excel
Open Trades View
Lots only
Lots, Quantity + Milliseconds
Docked Charts
Not available
Available
Market Watch
Less detailed
More details + easy navigation
Partial Order Filling
Not available
Available
Email System
No attachments
With attachments
Strategy Tester
Single threaded
Multi-threaded + Multi-currency + Agent manager
Netting
Not supported
Not supported
Exchange Trading
Not supported
Not supported
Funds Transfer between Accounts
Not supported
supported