MetaTrader 5 – An App for Mobile Forex Trading

Your companion for success!

metatrader 5 iconWith its superior liquidity, as well as the steady trading prospects, Forex trading has started gaining momentum as a biggest financial market. However, money making through Forex trading had always been a mystery for me. There are a few handy apps available for guys like me and let me introduce one.

MetaTrader 5 is an iPhone app that helps users trade foreign exchanges on the go. After launching this app, users can create a demo account to enter into the app and can select a server to trade. If they have an account, they can get into MetaTrader 5 straightaway. It has five sections Quote, Chart, Trade, History and Settings.

metatrader 5

Users can find real-time quotes of financial instruments in the Quotes, while the Charts section that has seven time frames – M1, M5, M15, M30, H1, H4 and D1, facilitates technical analysis. Users can enable volumes or dick volumes for the charts. The Trade section of MetaTrader 5 lets users trade currencies straight from the app and the History area lists the Orders and Deals. [pullquote]MetaTrader 5 is sleek, smooth and stable and it loads fast.[/pullquote]

If the users want to add more than one account, the Settings area of the app could help them do it. They can also add or remove currency combinations and opt to get advanced quotes through it. I think MetaTrader 5 lacks a help area, which could have been handy for amateurs to easily navigate inside the app.

MetaTrader 5 is compatible with iPhone, iPod touch and iPad and requires iOS 4.0 or later. This app is also available in Windows and Android platforms. As all these applications are available for free, you can try them without any hesitation. MetaTrader 4 is another impressive iPhone app from the same developer.

Rating: 9.5/ 10

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Vanessa writes and edits content for AlphaDigits, a rapidly growing app marketing network. Having tested over 1k applications, she is on a mission to find impressive apps for mobile devices.

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