easyMarkets Expanding its Offering with MetaTrader 5

Online broker easyMarkets has announced the addition of MetaTrader 5, a platform used by traders all around the world, to its offering.

A new platform covered by easyMarkets

Granting opportunities to its customers while they trade the markets remains a top priority for easyMarkets, and now the already robust selection of platforms has been further expanded. When opening a trading account, live or demo, traders can choose between the easyMarkets web/mobile platform, MetaTrader 4, TradingView, and now also MetaTrader 5.

Traditionally, MT4 was known as a platform suited for beginners, especially those who are interested in currency trading. However, other asset classes, including stocks, cryptocurrencies, and commodities are also gaining traction online, mainly due to their enhanced volatility as of late.

MetaTrader 5 shares some similarities with its predecessor, but numerous improvements have been integrated, so technical and fundamental analysis is overall much more efficient. The Chief Marketing Offices for easyMarkets, Ohad Golan, stated that “the new product launch will better facilitate our clients trading, allowing them to choose between floating or fixed spreads – or both if they choose to, all in the same ecosystem”.

Up until now, traders using MT4 benefited from fixed spreads. Although a fixed cost on each trade might seem appropriate for some traders, when trading liquid assets floating spreads can be tighter. This way, traders are able to enter and exit a position whilst still controlling their trading costs.

Top features of MetaTrader 5

Negative balance protection, no hidden fees, up to 500:1 leverage (for customers outside EU and Australia), and free stop loss/take profit, are just some of the attractive trading conditions enabled by easyMarkets when using MetaTrader 5.

All of these come on top of 20+ years of historical data, multi-device compatibility, numerous Expert Advisors and built-in indicators, which are all part of the standard MetaTrader 5 version.

Why traders will enjoy this platform

An MT5 account with easyMarkets enables access to 135+ CFD instruments, including cryptocurrencies, shares, forex, metals, commodities, and indices. The minimum deposit requirement is $25, making an account accessible for almost all traders.

Once they register for an account, traders can download the platform via easyMarkets, in order to install it on a desktop PC or laptop. At the same time, there are apps on Google Play and App Store for those who would like to keep a close eye on their trading accounts even on the go.

Ultimately, easyMarkets facilitates strategic advantages for its users, making sure they have plenty of options to choose from. Market conditions can change from one day to another, so it is best to have a wide range of tools at hand.