Brokers offering MT5 Webtrader
With MT5 Webtrader, you can trade from your mobile phone without installing any application, which is highly welcomed by traders。
Every trader needs a trading platform to access the Forex market。However, brokers may offer different types of trading platforms, some may not be compatible with a particular trading platform, but can provide traders with access to connect the broker's trading system with the platform itself.。But sometimes,Software may experience some glitches that affect your trade execution and management。
The most popular trading platforms are MetaTrader 4 and MetaTrader 5.。MetaTrader 4 is often referred to as the industry standard for trading platforms。
Meanwhile, the recently released MetaTrader 5 will fill the void in MetaTrader 4。MetaTrader 5 is not only an improved version of MetaTrader 4, but also provides different tools that are useful for different types of traders。
Both MetaTrader 4 and MetaTrader 5 can be accessed through an Internet browser application and Webtrader provides, without installing any software on your device, you can directly enter the market to trade。
Although MetaQuotes released the innovation slightly later than its competitors, it was immediately welcomed with a high degree of enthusiasm by traders。Despite the relatively simple function and appearance compared to other online trading platforms, many brokers decided to offer this service。
MetaTrader 4 vs MetaTrader 5
There are subtle differences between the WebTrader versions of MetaTrader 4 and MetaTrader 5。In MetaTrader 4 there are some issues with the user interface and in some brokers the Webtrader version is still not compatible for mobile users。As a result, traders may find it difficult to trade via smartphone。
In contrast, such problems do not exist in MetaTrader 5 Webtrader, because obviously MetaQuotes provides a better version, is more updated and easy to use。However, Forex brokers offering MetaTrader 5 are less common。
Typically, MetaTrader 5 Webtrader is offered by well-known forex brokers with high visibility。
Top 5 brokers offering MetaTrader 5 Webtrader
The following brokers that offer MetaTrader 5 do not just see it as a tag to attract customers, but do offer a Webtrader version of the newer MetaQuotes platform with a better user interface and compatibility with mobile displays。
1. XM
XM is a well-known broker whose MT5 Webtrader allows customers to access the platform even if they have a demo account, equipped with at least 700 trading tools and many technical analysis functions.。
In addition, the Webtrader version of MetaTrader 5 significantly increases the flexibility and convenience of trading。In addition to being accessible without installing any software on the mobile device, the platform does not take up much memory when running because it can be accessed through a web browser。
XM was founded in 2009 as a company called Trading Point of Financial Instruments Ltd..A member of an online brokerage firm。To serve customers worldwide, the company has split into XM Australia and XM Global, as well as XM Cyprus。Each member has a different head office and license, XM Australia is registered under the Australian Securities and Investments Commission (reference number: 443670), XM Worldwide is registered under the International Financial Services Commission (60 / 354 / TS / 19), and XM Cyprus is registered under the Cyprus Securities and Exchange Commission (reference number: 120 / 10).。
XM is one of the more experienced brokers in the online forex trading world today。Since its inception, the broker has undergone many changes, including the addition of an ultra-low account and webinar function, which supports 19 different languages with 35 local instructors in each language。
In terms of trading instruments, XM is known for its diversity of asset providers, ranging from foreign exchange, commodities, CFDs for equity indices, precious metals, energy, to equities。XM prides itself on being an ideal broker for executing trades, providing a statistic that 99.35% of orders executed in less than a second。Trading at XM also offers a strict no-re-quote policy, no virtual trader plug-ins, no rejection of orders, real-time market execution, and the option for traders to place orders online or over the phone.。
In the Ultra-Low account, the spread of all major currency pairs can be as low as 0.6 points, while the spread of other accounts usually starts at 1 point。XM chose to limit their leverage to a scale of 1: 888, rather than offering a maximum leverage of 1: 500 or 1: 1000 (whole numbers), a unique number now widely recognized as a trademark of XM.。
To protect client funds in extremely volatile situations, XM offers negative balance protection for each type of account。Deposits for micro and standard accounts start at $5, while Ultra-Low accounts require a minimum deposit of $50。Traders who open an account at XM can get conditions similar to a penny account environment in a micro-account, where each lot has a contract size of only 1,000 units.。If you use the smallest number of lots on the MetaTrader platform, which is 0.01 lots, then the trader can trade only 10 units per trade。
For deposits, XM applies zero-fee deposits in most of its available payment methods。Traders can choose to deposit and withdraw money by wire transfer, credit card, and the most popular electronic payment options such as Skrill, Neteller, and FasaPay.。
XM also provides Islamic accounts for Muslim traders who comply with Sharia law that prohibits the use of interest-bearing overnight swaps for each currency pair.。In order to provide their customers with the best trading experience, XM has opened access to MT4 and MT5 platforms, each with more than 6 display formats (PC, Mac, Multiterminal, WebTrader, iPad, iPhone, Android and Android tablets).。
Overall, there is no doubt that XM has gone global, with its deep commitment to providing trading services on a global scale available in more than 15 languages.。In addition to simplifying the trader's experience through mainstream trading platforms and high-quality trade execution, XM is open to all types of traders, from small capital traders to more experienced traders who prepare large deposits.。Even a penny trading environment for traders if they choose to register under a micro account。
For their global approach, XM has ensured that traders from various countries can easily access their services.。This has resulted in different domain names for traders in specific jurisdictions。
2. Admiral Markets
Admiral Markets' MT5 Webtrader "no need to download, no specific operating system," the main advantage is that you can trade anytime, anywhere, no need to download any content or specific operating system, and no need to wait too long。In addition to this, traders can also enjoy other features included in MetaTrader 5, such as various types of accounts for Forex trading, CFDs, metals, stocks, stock indexes, etc.。
3. FxPro
FxPro has won a number of awards, including the UK Forex Award for Best MT5 Broker。The broker provides access to various versions of MetaTrader, namely desktop, Webtrader and mobile。
Webtrader is powered by a five-asset tool selection and deep market pricing system with a variety of useful trading features。It features easy access and ease of use not available on other types of platforms。For maximum efficiency, FxPro recommends one-click trading。First, you must open an account in it。
Since its inception in 2006, FxPro has successfully expanded to serve retail and institutional clients in more than 170 countries and is headquartered in London, UK.。FxPro UK Limited has been licensed and regulated by the FCA since 2010。Meanwhile, other subsidiaries, such as FxPro Financial Services Limited, have been authorized and regulated by CySEC since 2007 and by FSCA since 2015.。So traders no longer have to worry about their money。As a staunch supporter of transparency, it sets the highest security standards for client funds, as companies choose to keep their money in major international banks, completely segregated from corporate funds.。
They always strive to provide transparent and ethical practices in the global trading industry。In 2018, 74.65% of market orders are executed at the requested price, 12.8% of customer orders are executed with positive slippage。In addition, only 1 of all instant orders.4% received a re-offer, of which 0.72% received a better price at the time of execution。
FxPro's total number of transactions increases year by year。In 2018, trading volume reached 53.6 million。Based on the trust of customers, FxPro won the UK's Most Trusted Forex Brand Award 2017 from Global Brand Magazine。In addition, they became the first broker to sponsor an F1 team in 2008 and FxPro has won around 60 UK and international awards.。
They are committed to creating a dynamic environment that provides traders with all the tools they need to gain a trading experience.。Open an account with FxPro to access more than 250 CFDs across 6 asset types, including FX, equities, spot indices, futures, spot metals and spot energy。They want to provide clients with top-of-the-line liquidity and advanced trade execution without the need for trading desk intervention.。Average execution time less than 11.06 milliseconds, up to 7,000 orders per second。These advantages allow traders to benefit from tight spreads and competitive prices。
In addition, FxPro is recognized as an innovative broker。The company allows customers to enjoy a wide range of trading platforms such as MetaTrader 4, MetaTrader 5, cTrader and FxPro Edge。Web-based versions and mobile applications are also available so that traders can access financial markets anytime, anywhere。
Traders can choose the platform according to their needs。Traders for MT4 provide instant execution and easy-to-use trading platform。In this account, leverage is as high as 1: 500, with spreads from 1.From 6: 00, no commission。
Traders should opt for an FxPro MT5 account if they want to gain experience with more modern technologies。In this account, the spread from 1.5 start, leverage up to 1: 500, no commission。
Another type of account is FxPro cTrader。Compared to other account types, it is suitable for traders who prioritize execution speed and have the strictest spread limits。FxPro cTrader is a powerful trading platform that provides the best bid and ask prices, orders can be completed in just a few milliseconds。The platform also provides market depth and trade analysis tools, in which the spread is only from 0.From 3 o'clock。However, traders must pay a commission of $45 per $1 million of forex and metals trades (opening and closing positions).。
The main difference between MetaTrader 4, MetaTrader 5 and cTrader is the range of CFD products available。The MT4 platform provides traders with the opportunity to open positions in all 6 asset classes, while MT5 does not support stocks and cTrader does not support stocks and futures。
In addition to the above 3 types of platforms, you can also access FxPro Edge when trading in FxPro。The platform provides customers with a new way to trade the market in the form of spread betting。
Every broker has advantages and disadvantages, and FxPro is no exception。In addition to the advantages explained earlier, FxPro also has a high minimum deposit amount。In addition, FxPro does not offer many types of payment and withdrawal methods。Some types of methods even require the trader to pay a fee。However, it is still important to note that customers can trade forex, stocks, indices, metals and energy in Fxpro with a limited risk account at no additional cost。
Regardless of the pros and cons, FxPro can be one of the best brokers with advanced technology of choice for traders who are ready to trade with funds starting at $500。
4. Swissquote
Swissquote is one of the top Forex brokers regulated by the FCA (UK) offering MT5 webtrader in its retail trading services.。
As part of the Swissquote Group Holding SA banking network, Swissquote generally offers trading conditions suitable for individual and institutional traders.。Therefore, this broker can be an excellent choice for experienced traders who want to manage strategies in an ideal trading environment。
As a leading Swiss banking group, Swissquote is considered one of the best-known providers of online financial and trading services.。The company, which went public on the SIX Swiss Exchange in May 2000, dates back to the 1990s when Marc Bürki and Paolo Buzzi founded a financial software company.。
Swissquote's main vision is to give private investors access to real-time prices for free。They uphold the mission of "democratizing the banking industry" and adhere to the values of transparency, integrity and information fairness for the benefit of their clients, thus enabling them to make independent decisions.。
Today, Swissquote is a global financial services provider with official branches in major regions around the world, such as the European region, the Middle East and Asian financial centers.。From 2017 to 2018, it claimed to be the first online bank to offer cryptocurrency trading and participate in initial coin offerings (ICOs).。
Trading in SwissQuote guarantees a regulated environment, as the broker is licensed in some of the financial industry's best-known jurisdictions, including the Swiss Financial Market Supervisory Authority (FINMA) and the UK Financial Conduct Authority (FCA).。
The broker also has local regulations for other branches in other jurisdictions such as the Malta Financial Services Authority (MFSA), the Dubai Financial Services Authority (DFSA) and the Hong Kong Securities and Futures Commission (SFC), enabling non-EU traders to register under their accounts and enjoy regulated services.。
SwissQuote has a wide range of trading tools such as over 8,500 stocks and over 800 ETFs。In addition, it offers customers foreign exchange currency pairs, cryptocurrencies, government bonds and a range of commodity CFDs.。
The company offers a special deposit protection scheme, which can amount to 100,000 Swiss francs in case of bankruptcy proceedings。Traders from other countries can choose from a variety of base currencies, such as the euro, dollar, yen, pound sterling, Swiss franc, Canadian dollar, Australian dollar, Turkish lira, Polish zloty, Swedish krona, Norwegian krone, Singapore dollar, Hungarian forint and Czech koruna。
There are 3 different options for opening a Forex trading account in SwissQuote:
Standard Account:
Spread: 1.From 7: 00 Commission: No minimum deposit: $1,000 Minimum transaction: 0.01 Lever: 1: 100
Advanced Account:
Spread: 1.From 4: 00 commission: no minimum deposit: $10,000 minimum transaction: 0.1 Lever: 1: 100
Supreme Account:
Spread: 1.1 point commission: no minimum deposit: $50,000 minimum transaction: 1 lot leverage: 1: 100
As the hottest account, Swissquote makes premium accounts a recommended choice for forex traders because, according to their standards, premium accounts combine competitive spreads with lower initial deposits。
In terms of trading platforms, traders can choose between MetaTrader or Advanced Trader, a proprietary product from Sawissquote。In order to provide traders with the best trading experience, the company also provides auxiliary analysis tools such as Autochartist and Trading Central signals.。
For MetaTrader enthusiasts looking to trade in a premium trading environment, Swissquote also offers MetaTrader Master Edition。
As the company is more suitable for experienced traders with medium deposit capacity, there is no complete educational material for new traders。And they've arranged free webinars for everyone who wants to keep their trading knowledge up to date。The program is managed by professionals in the financial industry and is available in 4 languages: English, German, French and Arabic。
All in all, Swissquote is an ideal broker for traders with enough experience to trade with a starting deposit of more than $1,000。As a member of the Swiss Banking Group, its long history and qualified background provide it with a high level of credibility and a guaranteed trading environment, which many brokers cannot provide.。
However, it is also important to note that Swissquote does not offer a wide range of deposit and withdrawal methods, as it focuses primarily on bank transfers and credit card payments, and revolutionized the introduction of multi-currency credit cards in 2018.。
Swissquote offers a comprehensive and highly diversified asset base for almost any type of trader。They also have an excellent educational kit for beginners who want to learn Forex trading。Customer support is responsive, service hours are Sunday to Thursday 8: 20 a.m. to 5: 30 p.m.。
5. FX Choice
Unlike the aforementioned brokers of MT5 Webtrader, FX Choice only supports certain versions of Internet browsers。
Specifically, traders cannot open the platform with browser versions below Google Chrome 43, Mozilla Firefox 43, Opera 32 and Microsoft Edge 12。However, if your device supports a compatible version, you can still enjoy the benefits of anytime, anywhere access to the market。
Conclusion
Among the many features offered by brokers, the choice of trading platform is quite important.。In addition to the various trading features included in MetaTrader 5, you can now trade through a web browser without having to install any software or other content on your device。
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.