The long-awaited, updated version of the MT5 trading platform including the option of Hedging has been released and is now exclusively available to all Iforextime clients for download.
Discover all the new features plus the key differences between the new MetaTrader5 and the previous MetaTrader4 Trading Platforms.
|Order Execution Types Details|
Number of supported types of order execution.
|Partial Order Filling Policies|
Partial edit option where a trade that is now available with maximum volume is executed, not exceeding the volume requested in the order, and unfilled volume is cancelled.
|Order Fill Policy|
Additional order execution conditions
|Pending Order Types|
Types of pending orders requesting a broker to buy or to sell a financial security under pre-defined conditions in the future.
Having one open position of a financial instrument only.
Having multiple positions of a financial instrument, both in the same and opposite direction
Bids and offers for a financial security at different prices depending on the volume
Technical indicators are used to automatically detect patterns in the financial instrument price dynamics
Analysis tools that help to identify financial instrument price trends, to detect cycles and support / resistance levels, to build channels and more
Group quotes of financial instrument in time intervals.
A fundamental analysis tool which features macroeconomic news from numerous countries that can affect financial instrument prices
Built-in email service, where you can receive notifications from Iforextime straight to your platform.
EA tester and optimization modes.
|Embedded MQL5.community chat|
Chat with other traders directly from the platform
Is the MT4 being replaced?
Due to the popularity of the MT4, Iforextime will continue supporting all MT4 accounts. There are no plans of replacing MT4 in the near future.
Recommendation for beginner traders: which platform to choose?
Novice traders could try out both platforms and familiarize themselves with the interface and tools offered by both. You will then be able to choose your trading platform based on your personal preferences and knowledge. You can download MT4 and MT5 terminals and use them in parallel to decide what trading platform suits you best for your style of trading.
What trading platforms does Iforextime offer?
Trading accounts are linked to the platforms. When selecting a trading account, you are also choosing your trading platform. Iforextime offers live and demo trading accounts for both MT4 and MT5 trading platforms.