Forex Platform MetaTrader 5 Mobile Trading Platform

Advantages and Disadvantages of Forex Platform MetaTrader 5 Mobile Trading Platform


Basically, a trader’s job is to regularly monitor the market conditions and to know about any changes, because these factors are of critical importance for his earnings. However, it is not always possible to sit in front of a computer all days through, therefore mobile platforms are of great help: they allow trading from anywhere and at any time, to have access to the quotations and to the operational history. MetaTrader5 mobile platform has almost no differences from the MT5 PC version.

Using MT5 mobile platform you can set stop losses, sell and buy, change positions, analyze the market and do anything else you do on your desktop. There are MetaTrader5 mobile versions for iPad, iPhone and other mobile devices, it is suitable for novice traders as well as for forex experts. Applications for Android and other systems pave the way for effective trading away from home or out of the office.

Advantages of MetaTrader5 Mobile Platform

  • There are interactive graphs, and you can shift in the interval from minute to day period. Thus the analytical assortment is diversified, and mobile trading is quite demonstrative.
  • Technical analysis with MT5 mobile is performed with about thirty best indicators. The maximum quantity of the open windows with indicators is 10. Moreover, the indicator is laid over the main chart and is displayed in the other windows.
  • MT5 is one of the best platforms featuring sound notifications.
  • The platform is free and is provided by many brokers.

Disadvantages of Mobile MT5

  • Loss of connection is possible if you are outside the coverage area or have descended into the subway. Try not to open deals when you are in a subway or elevator, because thus you may face loss of connection, and, hence, loss of your money.
  • Just like any other terminal, MT5 has been designed according to the standards of a PC platform; with this, there are no problems with functionality, but capacity is not exactly the same. MT5 has been duly optimized, but certain differences with PC version still remain, and PC operations are processed much faster.  However, as the mobile platform is used not on a regular basis, but on non-recurrent occasions when a trader is away from his stationary workstation, the inconveniences are not too big.
  • Among disadvantages are also the Internet connection fees and fewer trading advisors; but these issues are not critical.
FxPro SuperTrader

FxPro SuperTrader is a platform that brings investors and trade leaders together. Investors have the capital, leaders have the expertise and profitable strategies. Risk management is central to FxPro SuperTrader. Leaders must pass stringent risk tests before being allowed to list their strategies. In fact, even after being approved, the performance of every strategy is monitored...

MetaTrader 4 Mobile

The number of mobile trading followers constantly increases, but there are also those who consider it ineffective: the skeptics are 10% of the trading community. Generally, currency traders highly estimate the opportunity of having more flexibility in their daily activities...

cTrader Trading Platform

cTrader is a Forex and CFD online trading platform developed by Software Systems Ltd as a complete solution for brokers. The company employs the Traders First approach that allows cTrader to be responsive to market needs by being transparent and fair.


MetaTrader 4 Trading Platform

MetaTrader platform is one of the most widely used Forex platforms in the world. It is suitable both for novices and for experienced traders. Metatrader 4 review considers the software as leading platform for automated trading.

Metatrader5 Trading Platform

MetaTrader 5 is the world-famous Forex trading web platform that provides wide opportunities for brokers who have different accounts. Metatrader platform allows trader to switch quickly between accounts and windows making his orders fast...

Rumus

Rumus is a customizable modular system designed to use existing features and developing new ones. Rumus platform has the capability to carry out an accurate analysis of quotes history, to display quotes in real time and save trader’s indicators.


Ninja Trader

The Ninja Trader platform is the whole complex of useful features with friendly interface that allows user to make a successful and easy trading. The functionality of Ninja Trader software is easy to understand so both the novices and the experienced traders could use it with no problems.

Mirror Trader

The Mirror Trading platform is a completely different solution for Forex traders. The key principle of it remains the same. Mirror Trading as well as any other platform allows trader to commit the transactions but the way of it is completely different.

JForex

Jforex platform is not so wide-spread as many other trading software but it is very simple and comfortable in use for novices as well as for experienced traders. Jforex allows to trade manually and automatically.

Top Forex Advisors

# Forex advisor Yield per annum, %
1FXCharger77.31%
2WallStreet Forex Robot 2.0 Evolution85.3%
3Airhopper19.6%
4Esox-Pattern20.6%
5EverTech Forex Robot85.1%
6Earth Robot80.9%
7Wicor Forex36.4%
8Draw Profit39.3%
9FXMaximal53.5%
10CovertFX42.1%


Top 10 Forex Brokers 2019

# Broker Review
1easyMarketseasyMarkets93%
2FXTMFXTM90%
3HYCMHYCM89%
4FxProFxPro87%
5FIBO GroupFIBO Group85%
6OctaFXOctaFX83%
7HotForexHotForex82%
8FXCMFXCM79%
9AlpariAlpari78%
10XMXM73%


Popular forex reviews

SFX Markets

This is what i received. Dear valued customer, Despite the overall successful and fruitful year of 2018, we deeply regret to inform that the financial industry is currently undergoing Anti Money Laundering and Know Your Customer mandatory...


Alpari

Currently facing tough time with withdrawal of money from alpari.com. Have being trying since last 3 weeks unsuccessfully. Still continuing the...


Collaborate with a Reliable Forex Broker
Collaborate with a Reliable Forex Broker

HF Affiliates is one of the leading Partnership Programs in the industry featuring competitive commissions, marketing tools and exceptional support. With the best commission structure and tailor-made products, we can help you achieve your expectations with high revenue share, multi-tier affiliate tracking system, no set-up fees to join and an auto-rebate system.

Alpari

Facing issues with withdrawal. Till now have made 5 attempts.still making attempt to withdraw my balance...


HQBroker

To be honest, I am disappointed. Reading hqbroker reviews seems that this is just some kind of paradise for traders, but in reality this is not the case. I would call the broker an ordinary one, not bad, but not good either. I thought that the...


eToro

On the long run the fees that they take will take more than you get out of trading or copying a trader. Stay away, fees are to...


  


Share: