Xlence Unveils MetaTrader 5
In a significant move aimed at enhancing the trading landscape for its users, Xlence, a well-respected global CFD broker, has rolled out MetaTrader 5 (MT5) to all live and demo accounts. This launch, which took place in April 2025, represents a vital development for traders across the MENA region and Asia, who have long relied on Xlence for their trading needs.
The Dual Platform Advantage
The introduction of MT5 complements the already popular MetaTrader 4 (MT4), giving traders the flexibility to choose the platform that best suits their trading style. While MT4 remains a stronghold due to its reliability and user-friendly toolkit, MT5 offers more advanced features, thereby catering to both novice and seasoned traders.
Features of MetaTrader 4
MT4 has been a favorite among traders for its robust performance in FX and CFD trading. It is designed with a focus on simplicity, making it an ideal choice for those new to the trading landscape. The platform provides a variety of functionalities that allow traders to execute strategies efficiently, ranging from basic charting to executing automated trading strategies through Expert Advisors.
Advancements with MetaTrader 5
Conversely, MT5 elevates the trading experience with an array of enhanced functionalities:
- - Broader Market Access: MT5 extends beyond just FX and CFDs, providing access to stocks, futures, and options, addressing the needs of multi-asset traders.
- - Advanced Processing: With its 64-bit processing capabilities, MT5 enables faster execution of trades, crucial in today’s fast-paced trading environment.
- - Expanded Charting Options: Traders can now monitor up to 100 concurrent charts across various time frames, from one minute to one month. This functionality enhances the ability to analyze market trends comprehensively.
- - Comprehensive Analytical Tools: The platform boasts over 80 built-in indicators and hundreds more available in the MQL5 Market, allowing for in-depth technical analysis.
- - Flexible Position Accounting: Depending on the asset type, traders can choose either hedging or netting position accounting modes, increasing strategy options.
- - Powerful Algorithmic Trading: MT5 houses a multi-threaded strategy tester, enabling the use of real-tick data, vastly improving the landscape for automated trading strategies.
- - Real-Time Alerts: Custom alerts and push notifications ensure that traders never miss a market movement that could affect their positions.
Quick Comparison: MT4 vs MT5
Feature | MetaTrader 4 | MetaTrader 5 |
---|
------- | ------- | -------- |
Primary Focus | FX, CFDs | Multi-asset (FX, CFDs, stocks) |
Time-frames | 9 | 21 |
Built-in Indicators | 30 | 38 + Economic Calendar |
Order Types | 4 | 6 (includes Buy/Sell Stop Limit) |
Strategy Testing | Single-threaded | Multi-threaded |
Programming | MQL4 | MQL5 (OOP) |
Execution | Reliable 32-bit | Faster 64-bit processing |
Practical Benefits of Dual Availability
Offering both MT4 and MT5 empowers traders to select the platform that aligns with their preferred trading strategies. Each platform supports Expert Advisors, ensuring that fully automated strategies can be implemented across desktop, mobile, and web environments.
Conclusion
Xlence's commitment to providing a transparent and innovative trading experience is evident with the integration of MetaTrader 5. With MT5's advancements alongside MT4's simplicity, traders have a unique opportunity to choose how they want to operate in today’s dynamic market. For those looking to explore these platforms, Xlence provides risk-free demo accounts on their website.
For more information about Xlence and its offerings, visit
xlence.com for a side-by-side comparison of MT4 and MT5 or to open a risk-free demo account.
About Xlence
Operating from Dubai, Xlence stands as a premier international CFD broker, dedicated to empowering traders through cutting-edge technology and professional support. As they continue to expand their global reach, Xlence remains committed to helping traders excel in their trading endeavors, all while promoting a risk-aware environment for investment.