Admiral Markets, which has over 12,000 clients and a monthly trading turnover volume of $35 billion, is announcing the launch of MetaTrader 5 for its clients.
Retail clients can now utilize trading tools that were available earlier only for institutional level trading. More details are in the press release below:
The Admiral Markets Group as one of the first major online Forex brokers today launched the trading platform MetaTrader 5 (MT5) for live trading. This expands the range of trading platforms offered by the Admiral Markets Group further, with MetaTrader 4 and the CFD trader already available.
MetaTrader 5, successor to the popular analytical and trading platform MetaTrader 4, offers retail Forex traders many features that were previously only available on institutional level platforms. “MetaTrader 5 is a true multi-market platform that allows for cross-market analysis of trading opportunities as well as for precise evaluations of available trading volumes”, says Dmitri Laush, Vice President of the Admiral Markets Group. “We are proud to introduce MetaTrader 5 this October, and thereby to make the institutional world of professional trading available to individual investors.” The platform can integrate different financial markets, therefore accommodating not only Forex trading, but also CFDs, options, futures and stocks.
The innovative MT 5 sets new standards in automated trading by integrating it directly into the platform. Expert Advisors – algorithmic trading programs that analyse Forex quotes and execute trade operation automatically – can be created, debugged, tested, optimized and run in the platform’s Integrated Development Environment. The high-level MQL5, a powerful and flexible programming language developed specifically for MetaTrader 5, enables users to create complex customized software.
Similar to its predecessor, MetaTrader 5 continues the tradition of an extensive social community dedicated to sharing unconfined knowledge about the programming of automated trading strategies, handy trading scripts and convenient trading dashboards. The Codebase contains thousands of free-to-use programs written by individual traders – and is conveniently accessible right from the trading terminal. Entirely new is the cloud network in the MQL5 community: Here users can sell spare working capacity of their computers to other members of the network, for example to run tests of Expert Advisers. This allows clients to profit from activities closely related to the financial markets even without placing a single trade.
The new Admiral.MT5 account has been introduced by the Admiral Markets Group specifically for trading on the MetaTrader 5 platform. In the beginning, it will offer 50 currency pairs for trading and a leverage of up to 1:100. “In the foreseeable future, we will extend the range of instruments available on Admiral.MT5 dramatically. The first additions will include precious metals and CFDs. Later, the offer will be complemented by stocks “, reveals Vice President Laush. “We believe that easy access to various markets from one single platform and a set of presently must-have features – such as one-click trading, order book, advanced charting and mobile trading features – are the key to well informed trading decisions”, he concludes.