MetaTrader 5 ( MT5 )
Use MetaTrader 5 to trade CFDs on your preferred trading instruments. The MetaTrader 5 is an excellent platform that can be downloaded for free from Encore Capitals and is used for trading CFDs on currency pairings and other financial instruments.
Advantages of MetaTrader 5 (MT5)
Multi-Asset Trading Capability
MT5 allows traders to access multiple financial markets from a single platform, including Forex, stocks, commodities, indices, and cryptocurrencies. This versatility enables traders to diversify their portfolios and take advantage of various market opportunities.
Multi-Asset Trading Capability
MT5 allows traders to access multiple financial markets from a single platform, including Forex, stocks, commodities, indices, and cryptocurrencies. This versatility enables traders to diversify their portfolios and take advantage of various market opportunities.
Algorithmic Trading and Expert Advisors
The platform supports automated trading through its integrated MQL5 programming language. Traders can develop, test, and implement trading robots (Expert Advisors) to execute trades automatically based on predefined strategies, enhancing trading efficiency and consistency.
Superior Order Execution
MT5 features an advanced order execution system with market depth information, enabling traders to see the full range of bid and ask prices directly from liquidity providers. This feature ensures optimal order placement and execution, crucial for high-frequency traders and scalpers.
Comprehensive Market Depth
Access to market depth data is a significant advantage for traders using MT5. This feature provides detailed insights into market liquidity, showing the real-time supply and demand at various price levels, which is essential for making well-informed trading decisions.
Copy Trading and Signal Services
MT5 allows traders to subscribe to signal services and copy the trades of successful traders. This feature is beneficial for novice traders looking to learn from experienced professionals and for those who want to diversify their trading strategies.
Enhanced Security Features
Security is paramount in trading, and MT5 ensures your data and transactions are secure with advanced encryption methods and robust authentication processes. This high level of security helps protect against unauthorized access and fraud.
Flexibility and Customization
MT5 is highly customizable, allowing traders to tailor the platform to their individual needs. From customizing charts and setting up alerts to creating personalized trading environments, MT5 provides the flexibility required to enhance the trading experience.
Mobile and Web Trading
In addition to its powerful desktop application, MT5 offers mobile and web-based versions, ensuring that traders can manage their accounts and execute trades from anywhere at any time. The mobile apps for iOS and Android provide full trading functionality, while the web platform allows for seamless trading directly from a browser.
Integrated Economic Calendar and News
MT5 includes an integrated economic calendar and real-time news feeds, keeping traders informed about important market events and economic indicators. This feature helps traders stay up-to-date with market-moving news, which can significantly impact trading decisions.
What you can trade on MT5
Trading CFDs on over 200 products, including foreign currency pairs ( Forex ), commodities, cryptocurrencies, stocks, indexes, and energy, is available to you at Encore Capitals.
Forex
Encore Capitals offers over a hundred currency pairs for CFD trading on MT5. We provide minor and major currency pairs, such as EURUSD, GBPUSD, and USDJPY. You can trade CFDs on an extensive variety of exotic pairings as well.
Metals
You can trade CFDs on metals with Encore Capitals on MT5 in the form of currency pairs, such as XAGUSD, XAGEUR, XAGGBP, and XAGAUD for silver and XAUUSD, XAUEUR, XAUGBP, and XAUAUD for gold. Additionally, you can exchange currency pairs on platinum (XPT) and palladium (XPD).
Energies
Trade CFDs on well-known energy products like Brent crude oil (UKOIL), USOIL, and natural gas (XNGUSD) with better-than-market conditions. Hedged your portfolio on MT5 with Encore Capitals.
Stocks
Gain exposure to a wide range of CFD stock options when trading with Encore Capitals on MT5. Trade CFDs on stocks from a variety of industries, including consumer staples (KO), consumer discretionary (TSLA), technology (APPL, META), and others.
Indices
Trade CFDs on the main stock indices of the US, UK, Germany, Japan, and China on MT5 with Encore Capitals to diversify your holdings. Get access to well-known international indices such as the NIKKEI 225, NASDAQ, Dow Jones, and FTSE 100.
Cryptocurrencies
You can trade the most popular cryptocurrency pairs on MetaTrader 5. These include CFDs on Bitcoin, Ethereum and Litecoin, with Bitcoin available in BTCUSD, BTCKRW, BTCJPY and more.
Why Encore Capitals
Fast execution
Never overlook a drop. Get your orders filled on the MT platforms and the exclusive Encore Capitals App in milliseconds.
Low and stable spreads
Reduce your trading expenses with tight spreads that, even in erratic markets, remain steady and dependable. Optimize your efficiency and reduce expenses, even in situations where the volatility index is elevated.
Stop Out Protection
Delay or sometimes avoid stop outs with our proprietary market protection feature. Strengthen your positions with a condition designed to help your strategy endure volatility.