Metatrader 5 is the latest iteration of the popular Metatrader forex trading platform. It offers a host of new features and improvements over previous versions, making it an excellent choice for forex traders.
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But which broker should you use to get the most out of Metatrader 5? In this article, we will take a look at some of the top 4 best brokers for Metatrader and outline the benefits of each.
MT5 trading platform was created several years after MT4 and includes a wider range of features, tools, and markets for trading in general. Many people think that this updated version is nearly identical to its predecessor; however, these platforms were designed for different purposes.
There is no doubt about it – Metatrader 5 offers more advanced analysis options compared to earlier versions like Metatrader 4. Some trading tools this platform offers are:
- More timeframes,
- Unlimited number of charts,
- The economic calendar, as well as
- Built-in VPS service.
Below is the list of the top 4 best Metatrader 5 brokers in 2022 that we have highlighted for you. Let’s go through each of them now:
Top 4 best Metatrader 5 brokers in 2022
- HotForex
Hotforex is a brokerage company that offers traders the choice of 7 different account types and trading platforms, with tight spreads averaging EUR USD 0.1 on each trade.
They do this by providing multifunctional platforms such as Metatrader 5, which allows traders access from beginner status all way up through professional mode with complete security in their service plan – it is never been easier to get started!
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In addition, the brokerage company has a first-class customer service support team available 24 hours per day 5 days a week so you will always know how your investments stand whenever needed.
- Admiral Markets
Admiral Markets is a forex and CFD provider that was founded in 2001. The company now offers products on global instruments, including Metatrader 5 for Windows or Mac computers. MT5 users will find that this firm has what they desire in terms of market data displays as well as a user-friendly interface designed specifically by professional traders.
- XM Markets
The XM trading group is a UK-based firm regulated by the FCA. The company offers access to forex and CFD markets that have been designed for Metatrader users, allowing them on any computer or smartphone with MT5 downloaded onto their device of choice – including iOS and Android.
Customer support stands by 24/5 for live help with no wait time whatsoever. And their video tutorial library uses are unlimited so there is always somebody ready to assist whenever there will be any questions.
- FX Pro
FXPro is a top-notch forex broker that provides traders with lightning-quick execution and high levels of security. It is a global forex broker that offers over 250 tradable instruments, including more than 70 different FX pairs and CFDs on stock indices.
The company has been around for 15 years and operates under several regulatory licenses worldwide.
Conclusion
The article introduced you to the Metatrader 5 trading platform in 2022 and some of the top 4 brokers that offer it. With the right combination of reliable brokers and effective tools, you can achieve great profits while using Metatrader 5.
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Lastly, if you missed out on our previous post on currencies, here are the 10 strongest currencies in the world in 2022 right now.
