OANDA Launches MetaTrader 5 Platform Support

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William Berg
William contributes to several investment websites, leveraging his experience as a consultant for IPOs in the Nordic market and background providing localization for forex trading software. William has worked as a writer and fact-checker for a long row of financial publications.
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Edited By
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James Barra
James is an investment writer and brokerage expert with a background in financial services. A former management consultant, he's worked on major operational transformation programmes at top European banks. A trusted industry name, James's work at DayTrading.com has been cited in publications like Business Insider.
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Fact Checked By
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Tobias Robinson
Tobias is the CEO of DayTrading.com, an active investor, and a brokerage expert. He has over 30 years of experience in financial services, including supervising the reviews of more than 500 trading brokers, and contributing via CySEC to the regulatory response to digital options and CFD trading in Europe. Tobias' expertise make him a trusted voice in the industry, where he's been quoted in various financial organizations and outlets, including the Nasdaq.
Updated

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.

Oanda MT5 trading
MetaTrader 5

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.

About OANDA

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.

OANDA logo

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.

OANDA is an award-winning global broker, established in 1996. The hugely respected brand offers competitive trading accounts and serves clients from 196 countries. It remains a popular option with both beginners and experienced traders thanks to its user-friendly and sophisticated web platform, no minimum deposit and premium currency products and services. The company is also overseen by reputable regulators, including the FCA, ASIC and CIRO.