On Monday (9/April), broker FXTM announced the launch of a new account type specifically for experienced traders and those needing highly qualified account specifications. This MT5 Pro account offers fantastic trading conditions on the MetaTrader5 platform.
The Metatrader5 trading platform is the "little brother" of Metatrader4 (MT4), which was already famous and a favorite among world traders. Because it is designed as a new-generation trading platform, MT5 has several advantages, including the availability of 21 timeframes (more than MT4, which only has nine timeframes), 38 technical indicators, and an integrated economic calendar.
Traders using the MT5 Pro account from the FXTM broker can enjoy various other advantages. Among them:
- Commission free.
- Flexible floating leverage from 1:25 to 1:200.
- Super low spreads. For example, the average spread for the EUR/USD currency pair starts at 0.2 pips.
- Can open orders without limiting the amount and volume.
- Direct liquidity from leading providers.
- Lightning-fast market execution.
- Requotes free.
- Available trading instruments are 33 currency pairs and 2 Spot Metals (Gold, Silver).
Apart from that, traders can also do hedging or netting with this MT5 Pro account, which differs from MT5. This is available to traders simply by registering with the FXTM broker, opening an MT5 Pro account, and making a minimum deposit of USD 25,000.
If the minimum deposit requirements are considered too onerous, you can also review other account options from the FXTM broker as a trial. The FXTM broker has provided various types of accounts, starting from the Cent account, which only requires a minimum deposit of USD 5.
Founded in 2010, FXTM broker licensed by CySEC Cyprus has firmly established its identity as the world's leading forex broker in just a few years. By constantly innovating and exceeding the expectations of its clients, FXTM provides one of the best and most efficient online trading experiences for both beginners and experienced traders.