MetaTrader 5 provides a comprehensive technical analysis software and essential tools; which enable users to study charts of financial instruments using technical indicators and analytical tools.

MetaTrader 5 comes with a large set of such analytical means, including 38 technical indicators and 44 graphic objects, which are available for an in-depth market analysis. The MetaTrader 5 platform offers the most sophisticated automated trading capabilities for day-to-day operations on various financial markets. Trading robots can analyze prices and perform operations, without any human involvement. One of the most significant advantages of trading robots is their ability to operate with large amount of calculations tirelessly and objectively.

MetaTrader 5 supports the MQL5 programming language and has the functionality to run and test strategies based on historical data. Instant processing of large amount of currency, stock and other security quotes More precise signals Efficient financial trading 24 hours a day Strict adherence to a programmed algorithm.

The mobile version of the MetaTrader 5 trading platform provides a set of useful tools needed to perform trading operations, send pending orders, as well as to set protective Stop Loss and Take Profit levels.

MetaTrader 5 Mobile also supports the One Click Trading option, which allows sending trade orders directly from the price chart or from the Market Depth window. The application provides professional technical analysis of currency and exchange quotes using 30 built-in indicators and 24 analytical objects.

For iOS and Android For Smartphone and Tablet Real Time Prices. Technical Analysis Trading history. Originally from Maine, All reviews, research, news and assessments of any kind on The Tokenist are compiled using a strict editorial review process by our editorial team.

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And interest in forex trading continued to soar in as forex brokers had record numbers of new clients. Both futures and forex can seem abstract and therefore hard to even grapple with.

In fact, both forex and futures are pretty darn easy to understand. If you want to buy the new iPhone, you have to exchange your dollars—with a store—for the phone. Easy peasy, right? When trading forex, you deal with currency pairs, meaning currencies from two different countries.

Here are some common examples:. You might notice that USD is a part of all of these pairs—this makes sense since USD is involved in over 90 percent of forex trades. While the top forex brokers in the U. will likely use exchange rates similar to what you can find on live exchange rate websites, their ask prices will always be higher than the bid. They have bills to pay, after all.

Depending on the currency pair, the difference between bid and ask called the spread can be small or it can be large. Futures, also called futures contracts, are agreements that obligate parties to trade assets on a predetermined date and price.

If you could actually wait, anyway. Futures are a kind of derivative , meaning they are a contract between two parties whose value is based on underlying assets. The assets that are traded with futures contracts can vary widely, such as:. Futures can be used both by companies as a hedge against price volatility and by investors who speculate about future price changes. Many factors influence futures prices, including supply and demand, liquidity, and the global economy as a whole—even droughts and climate change can affect futures prices.

Some assets may steadily increase in price, but some can decrease over long periods of time. Just like other types of assets, currencies, too, can be traded with futures contracts.

Currency futures are useful in a number of scenarios, such as for hedging and for price speculation. The latter is how people make some serious cash. Unlike currency forwards, currency futures are traded on an exchange. Each currency future has a corresponding symbol on the exchange. Much like forex, you will need to leverage the advantages offered by the top futures brokers if you want to trade futures. This can vary, though—some brokers require you to have equity greater than the margin mentioned in the contract.

To illustrate, consider a simple example:. Currency futures work similarly, except that you agree to purchase a set amount of one currency for a set amount of another currency on the expiration date.

Even if the exchange rate increases to 1. MetaTrader 5 Extends Its Lead over MetaTrader 4 finance. Saham Holding Launches MetaTrader 5 Trading Platform on the Saudi Stock Exchange fazzaco. Best Mobile and Best Multi-Asset Trading Platform at the Forex Expo Dubai , , Best Multi-Asset Trading Platform at the Global Forex Awards com website's updated Quotes section features additional symbol details The MQL5.

MetaTrader 5 offers more than one hundred ready-made scenarios for Automations The Automations service saves MetaTrader 5 users from manual routine work, eliminates human error and reduces company resource utilization for higher-value activities. MetaQuotes to talk about clientele increasing technologies at Finance Magnates London Summit This year's one of the leading fintech and payments conferences will bring together more than 3, attendees, speakers and exhibitors.

Trading Platform Mobile Trading Market Signals Automated Trading Download For Brokers Contacts Callback for brokers MetaQuotes is a software development company and does not provide investment or brokerage services. Copyright , MetaQuotes Ltd. Legal Information. Become a broker with MetaTrader 5 platform. For any trader-related query — please visit www. Registered company name.

Currency futures and spot forex are both used to speculate and hedge risk on foreign exchange rates. Just like the stock market, currency futures are traded on centralized exchanges and are heavily regulated. This makes for a more transparent market than spot forex with data like daily volume and open interest readily available.

Though there has been a distinct shift towards regulation of the spot forex market globally, these markets are still less regulated than currency futures. Unlike currency futures and stocks, spot forex is offered OTC or over the counter by broker dealers all over the world. That is, spot forex is traded off exchange in a decentralized fashion. This means there is a lot more competition in the forex market, barriers to entry are miniscule and regulatory arbitrage opportunities are abundant for traders with tough local restrictions.

Currency futures on the other hand have just a fraction of the daily volume with a lot of this feeding back into the spot market in one way or another. As currency futures are a forex derivative, the currency futures market will always be smaller than the underlying market by its very nature.

Having said that, popular currency futures contracts will always be relatively liquid and likely more so than a lot of local stocks. Spot forex brokers often offer up to leverage and some less scrupulous brokers have been known to offer leverage in the thousands. Leverage is a double edged sword in trading, magnifying both gains and losses, but some strategies such as scalping do require large amounts of leverage in order to place trades with desired risk:reward parameters.

If you are scalping forex with 5 pip stops then the highly leveraged spot market is definitely the way to go. Currency futures contracts will always have a commission charge associated with them as well as a spread.

The forex spot market on the other hand offers a wide selection of brokerage models ranging from commission free with wider spreads to super tight spreads somewhat offset by commission charges.

Forex spot markets also have daily swap or interest charges based on interbank lending rates. Minimising trading fees is a simple way of improving your cumulative trading performance at the end of the year, but whether currency futures or spot forex is the cheaper option will largely depend on your trading strategy and the associated fee implications. Though there are currency futures contracts for all the popular currency pairs, one distinct advantage the futures market holds over spot is the ability to speculate on a single currency.

This is possible in the spot forex market, but it requires opening a basket of trades in multiple currency pairs, so it is inherently much more complex to enter a trade and much more difficult to manage. Trading single currencies in the futures market can be very attractive as the risk of picking the wrong quote currency to trade against is entirely eliminated.

In the forex market you may be correct that the Australian Dollar is going to depreciate over the coming months, but select a trade against a currency that depreciates even faster, ending up with a losing trade. In the United Kingdom, spot forex trading is known as spread betting and considered a form of gambling that can be tax free depending on your circumstances. How your trading profits are taxed can vary wildly between markets and even more so between jurisdictions. It could also be worth looking at trading via a special purpose structure in another jurisdiction.

When it comes to speculating on fluctuations in foreign exchange rates or hedging foreign currency risk you have a wide array of options. Only after considering the difference between forex and futures, can you make a final decision on which is right for you.

After comparing forex vs futures, the right product for you will come down to the availability, your trading strategy and a host of other factors. If you are just getting started trading forex, the spot market is much more accessible and is likely the ideal place to start. August 12, The Difference Between Trading Forex and Currency Futures Forex Basics 2.

Related Articles. May 6, List of Correlated Currency Pairs In Forex. May 6, Differences Between Support and Resistance vs Supply and Demand. What's Next? Learn basic Sentiment Strategy Setups.

License Link. All reviews, research, news and assessments of any kind on The Tokenist are compiled using a strict editorial review process by our editorial team. As currency futures are a forex derivative, the currency futures market will always be smaller than the underlying market by its very nature. Total currency pairs. Therefore, it should not be regarded as an offer or solicitation to any person in any jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it would be unlawful to make such an offer or solicitation, nor regarded as recommendation to buy, sell or otherwise deal with any particular currency or precious metal trade.

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