How To Withdraw Money From Metatrader 5

Separate Trading and Ordering Accounts: A major advantage of MT5 is that it has separate trading and ordering accounts. For forex trading, the platform uses the hedging method for order accounting which enables traders to open several positions in the same or opposite directions. It uses the Netting Method for exchange markets, wherein the trader can open only one position for a financial instrument at a time. Traders can increase or decrease the volume of this position through further operations on the same symbol.

4 Modes of Order Execution: The platform supports four types of order execution. They are Request, Market, Instant and Exchange which is used for trade operations that make use of stock tools. The mode of operation execution is set by the broker for each financial instrument being traded.

Analytical Tools: MT5 offers a comprehensive list of analytical tools which enable traders to carry out precise analysis and forecasting. One can open as many as 100 charts at a time and do so in 21 different timeframes. Other tools available include 38 technical indicators, 4 scaling modes and 17 display styles for client indicators. These tools not only allow traders to carry out detailed technical analysis, but also allow traders to assess the liquidity of the market and make informed trading decisions.

Resources for Fundamental Analysis: The MT5 platform offers several tools, including an economic calendar and a financial news service that aid in fundamental analysis.

Algorithmic Trading: This feature eases trading. All the trader needs to do is decide on a strategy and set up specific instructions on the platform for trade execution. The EAs analyse the market and trade on your behalf.

Customisation of Trading Robots: The MQL5 environment makes trading faster. It aids in processing large amounts of data and can be used to develop, test and optimise new trading robots to match your individual trading needs.

Option to Buy Additional Services: MT5 users have the option to buy additional trading robots or use a database of freelance strategy developers. With virtual hosting and copy trading service providers among other services, the platform provides unparalleled functionality.

Option of Inbuilt Advanced Reports: The MT5 platform also allows users to automatically save and publish trade account statement reports. These reports display your account details, information of all orders placed by the account holder, the total profit or loss made on all trades, payouts, all open positions and the current profit or loss in them.

Multiple Ways to Place Orders: MT5 offers several options for placing orders, which help with faster execution. Traders can place orders through the Market Watch Window or from the Market Depth segment, by using hot keys and even from the chart of a financial instrument. The one-click trading option allows traders to place orders with a single click of mouse.

Hot Keys: The platform offers advanced traders the option to use hot keys and their combinations so as to execute various commands rapidly and without using the menus or toolbars.