FP Markets, Australian regulated Forex broker and CFD provider, will now offer its customers a multi-functional trading platform MetaTrader 5. It is chosen by millions of users around the world for its outstanding features, which include tools for technical analysis, algorithmic trading applications, and copy trading.
Before the addition of MetaTrader5, the clients of FP Markets were provided with IRESS and MetaTrader4 platforms, but the team of FP Markets believes that MT5 will enable their customers to experience innovative tools and enjoy the trading process.
What does FP Markets Broker offer to the Customers?
The company has worked in the industry for over 13 years and they have learned very well what is necessary for traders. Why do they choose FP Markets? Well, it is an established CFD and Forex broker based in Australia, having a long set of opportunities and offers, which involve a wide range of products, price combinations, different platforms, customer support, and market analysis. Moreover, the clients are able to trade CFDs, indices, commodities, Bitcoin, and futures and all of these features condition the reliability of FP Markets for the investors.
MetaTrader 5 will be a new challenge for its traders to get the services which were not provided by MetaTrader 4. In fact, it is an improved version of MetaTrader 4, which is also used by a lot of brokers. In comparison with it, MT5 is designed for different markets, like commodities, because it is better able to plug into a centralized trading exchange, while Forex is regarded to be a completely decentralized market. However, MT5 provides over 67 trading instruments to the investors of Forex, Bitcoin, indices, and commodities. In addition, MetaTrader5 uses a programming language called MQL5, which is easier to program and it represents a better framework for users and developers of trading robots and other expert advisors. If you would like to do a great deal of backtesting using the offline platform or you want to trade Forex, stocks or commodities, Metatrader 5 multi-functional platform is obviously for you.
IRESS is said to be the best decision for CFD and Forex traders due to its ability to offer customized charting tools and technical analysis, smart order routing, risk management and complete post-trade processing. Although, all of the platforms provided by FP Markets meet the requirements and needs of the clients of Forex, Bitcoin, stocks, commodities, and indices.