Will MT5 support trading directly from the chart.
Will I be able to open/close positions in the chart and move stop-losses.
BrokerGuru
February 2, 2010
No, unfortunately, these features won't be found on MT5.
trader
February 11, 2010
FSA regulated UK ECN STP firms will have
no use for MT5 unless MT4 backwards
compatibility module is built in to MT5.
They simply will not have any use for MT5.
Their retail customers will not even demand
it so why would they pay to have MT5 branded
with their corporate logo? US firms on the
other hand will be forced by CFTC and NFA
to adopt MT5 along with the ridiculous 1:10
leverage mandate. This is not some proposal...
I think they are getting ready to make it a
a binding rule for US brokers to adhere to soon.
trader
February 19, 2010
MT5 is a total waste of time. No Hedge... No backward compatibility with MT4.
As far as US FX market...with its' 100 to 1 limit it's quickly dying. At 10 to 1 it will be instantly dead...
trader
March 13, 2010
WARNING: MT5 is designed to make people trade the way they (US Goverment) want. They want small guys like you and me loose money by restricting our own trading methods and style.
Important: Keep on requesting to your broker to also keep MT4 available to trade with when the MT5 goes live.
trader
March 25, 2010
I like the info on your page. It helps me alot to understand what's going on.
trader
March 30, 2010
MT5 will totally kill my trading strategy to not able to have open Long and Short position at same time. :(
Very sad.
trader
March 31, 2010
stp/ecn brokers make money whether you win or lose.
stp/ecn brokers make no money if you don't trade at all.
So, only a foolish broker would not offer mt4.
Many brokers already offer a variety of platforms, one more surely won't hurt, especially as the mt5 prohibits some trading styles that are not actually illegal in over half of the world!
Maybe mt5 has really only been created for the U.S. market..as they are the only ones that will use it.
trader
April 17, 2010
I'm in Canada. I'm taking my money overseas. I cam almost guarantee that most Americans will do likewise. With the rules that the U.S. has brought out or is bringing out, the yanks will have a hell of a time making it with forex. After reading what I have here I can tell you that I wont be bothering with mt5 unless they bring out a version for the rest of the world. Hell, there is over 6.8 billion people in the world, and only 309 million in the states... why would you make a software geared ONLY to the yanks? Funny that the us only has about 4.5 percent of the worlds population and yet they are trying to tell us how we can and can not trade?
trader
June 4, 2010
Very limited view of the world what about non-USA brokers why limit the order functionality and hedging? If you haven't noticed a lot of USA prokers have off shore divisions to allow for flexibilty for their customer - I doubt very much if MT5 will get any traction in the short term.
trader
July 11, 2010
if metaquotes changed the platform to mt5, why not embracing the contents/features of mt4 into it..then all the materials in mt4 still can be used in mt5......... transfer to mt5 what a big big big scam bullshit
the software provider wants to earn money, right??????????LOL
trader
July 28, 2010
MT5.. Total waste of time. more than 50 pesent of people using Expert adviser in mt4.
If we move to Mt5 we need to rewritten of all the Ea's.
This will be the benefit for some programmers not for the traders.
Also if hedging is not allowed in mt5, who can win in the forex game?
Traders request their broker to contine mt4 otherwise leave them to another around the world.
trader
February 2, 2010Will MT5 support trading directly from the chart.
Will I be able to open/close positions in the chart and move stop-losses.
BrokerGuru
February 2, 2010No, unfortunately, these features won't be found on MT5.
trader
February 11, 2010FSA regulated UK ECN STP firms will have
no use for MT5 unless MT4 backwards
compatibility module is built in to MT5.
They simply will not have any use for MT5.
Their retail customers will not even demand
it so why would they pay to have MT5 branded
with their corporate logo? US firms on the
other hand will be forced by CFTC and NFA
to adopt MT5 along with the ridiculous 1:10
leverage mandate. This is not some proposal...
I think they are getting ready to make it a
a binding rule for US brokers to adhere to soon.
trader
February 19, 2010MT5 is a total waste of time. No Hedge... No backward compatibility with MT4.
As far as US FX market...with its' 100 to 1 limit it's quickly dying. At 10 to 1 it will be instantly dead...
trader
March 13, 2010WARNING: MT5 is designed to make people trade the way they (US Goverment) want. They want small guys like you and me loose money by restricting our own trading methods and style.
Important: Keep on requesting to your broker to also keep MT4 available to trade with when the MT5 goes live.
trader
March 25, 2010I like the info on your page. It helps me alot to understand what's going on.
trader
March 30, 2010MT5 will totally kill my trading strategy to not able to have open Long and Short position at same time. :(
Very sad.
trader
March 31, 2010stp/ecn brokers make money whether you win or lose.
stp/ecn brokers make no money if you don't trade at all.
So, only a foolish broker would not offer mt4.
Many brokers already offer a variety of platforms, one more surely won't hurt, especially as the mt5 prohibits some trading styles that are not actually illegal in over half of the world!
Maybe mt5 has really only been created for the U.S. market..as they are the only ones that will use it.
trader
April 17, 2010I'm in Canada. I'm taking my money overseas. I cam almost guarantee that most Americans will do likewise. With the rules that the U.S. has brought out or is bringing out, the yanks will have a hell of a time making it with forex. After reading what I have here I can tell you that I wont be bothering with mt5 unless they bring out a version for the rest of the world. Hell, there is over 6.8 billion people in the world, and only 309 million in the states... why would you make a software geared ONLY to the yanks? Funny that the us only has about 4.5 percent of the worlds population and yet they are trying to tell us how we can and can not trade?
trader
June 4, 2010Very limited view of the world what about non-USA brokers why limit the order functionality and hedging? If you haven't noticed a lot of USA prokers have off shore divisions to allow for flexibilty for their customer - I doubt very much if MT5 will get any traction in the short term.
trader
July 11, 2010if metaquotes changed the platform to mt5, why not embracing the contents/features of mt4 into it..then all the materials in mt4 still can be used in mt5......... transfer to mt5 what a big big big scam bullshit
the software provider wants to earn money, right??????????LOL
trader
July 28, 2010MT5.. Total waste of time. more than 50 pesent of people using Expert adviser in mt4.
If we move to Mt5 we need to rewritten of all the Ea's.
This will be the benefit for some programmers not for the traders.
Also if hedging is not allowed in mt5, who can win in the forex game?
Traders request their broker to contine mt4 otherwise leave them to another around the world.
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