OANDA Global Markets has once again upgraded its trading services, this time bringing in the most popular CFD trading platform in the world, MetaTrader 5 (MT5). This is an updated version of the second-most popular platform, MetaTrader 4 (MT4), and can be used as a desktop client, mobile app web-based platform.
MT5 On OANDA
OANDA’s clients will now be able to take advantage of greater market depth, an integrated economic calendar, one-click trading, advanced analysis tools and greater charting functionality. The MT5 platform is also faster, more efficient and more expansive, optimised for forex, CFD and securities trading, be it manual or automated.
These improvements support greater order sizes in single transactions with more clearly visible spreads and liquidity. Moreover, MT5 has more than twice the timeframe options, two more types of pending orders (buy and sell stop limits) and a more efficient and easier to use programming language (MQL5) for the building of expert advisors (EAs), as well as multi-threaded strategy testing, embedded community chat, netting support and much more.
If you want to take all the benefits of MT4 forex trading to CFDs, bonds and more, the MetaTrader 5 platform on OANDA is perfect.
OANDA is a multi-regulated broker that offers a range of securities and derivatives on traditional and crypto markets, now on both MT4 and MT5, alongside proprietary options. As well as forex and stocks, the broker supports trading with indices, bonds, commodities and cryptocurrencies like Bitcoin.
The broker claims dedication to optimising the trading experiences of its clients and this new move, combined with its recent suite of global service upgrades and introduction of professional accounts, do well to demonstrate it.
If you wish to open an account with OANDA, simply click the button below. Alternatively, you can check out our full broker review here.