The MetaTrader 5 (MT5) platform is the most technologically advanced trading terminal for trading both forex and other exchange markets. It provides the ability to trade CFDs on currency pairs, indices, stocks, cryptocurrencies, and commodities, with a wide range of technical analysis tools, flexible orders, automated trading systems, and an integrated trading platform for technical indicators, Expert Advisors (EAs) and back-testing tools.
One of the biggest advantages of the MT5 platform is its availability on various devices. The latest version of the App allows access to the platform and all of its features from a variety of devices and operating systems, including Android, iOS, Windows, WebTrader, and Apple macOS, so you can stay connected to the markets wherever you are.
Go to FP Markets metatrader 5 for mac OS and click the “Open Account” tab.
Fill out the registration form with your personal data, financial information, and account configuration, and fill out the application.
In the “Account Configuration” section, choose MetaTrader 5 as your platform. Once your live account request is approved, you will receive an email with your account ID and password.
That’s it. No complicated, unremembered schemes.
Apple Mac OS X allows MAC users to access all the advanced trading features of the platform. All you need is a device with Mac OS X 10.0 or higher X. Here’s what you get with MT5 for Mac:
Reliable risk management with two types of stop orders and one trailing stop.
Moreover, FP Markets traders get to take advantage of tight spreads starting from 0.0 pips connectivity for ultra-low spreads and competitive leverage, to take the trading experience to the next level. High speed, low latency trade execution, under 38 milliseconds, provides ideal conditions for all trading strategies, including short-term methods like scalping.
MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are considered the most popular and reliable platforms for trading in the global financial markets. They are the leading trading platforms in the industry. Their user-friendly interface, robust fundamental and technical analysis tools, and powerful risk management tools make trading flexible, transparent, secure, and fast.
But the two platforms have some differences in functionality. MetaTrader 5 was released five years after the launch of MT4, to offer traders access to new markets that MT4 did not provide. The two systems have their unique strengths and contrary to popular belief, MT5 is not an upgraded version of MT4.
With the MT5, traders can trade not only currencies but also stocks, futures, bonds, options, and commodities. Forex is a decentralized market, but stocks, indices, and commodities are traded on centralized exchanges. The MT5 server can connect to these exchanges.
MetaTrader 4 is based on MQL4 and MetaTrader 5 is based on MQL5. Both languages can be used for the development of custom indicators and Expert Advisors. Trading programs developed in MQL4 are based on the order system, while MQL5 uses a positioning system.
MT4 supports three order execution modes and four types of pending orders. In contrast, MT5 allows you to use 4 order execution modes and 6 types of pending orders. Along with that, MT5 also allows you to execute orders partially. Thus, when trading volume is at a maximum and orders are pending execution, the MT5 allows traders to cancel the remaining volume.
MetaTrader 5 offers more tools for technical analysis than MT4. On the MT5 platform, you will find 38 built-in technical indicators and 44 analytical objects. On the MT5, you can open an unlimited number of charts on 21 timeframes.
Other features that are present in MT5 but absent in MT4 are the multithreaded strategy tester and the built-in chat feature of the MQL5 community.