CySEC-regulated, global broker Hot Forex announced previous week it adds the MetaTrader 5 (MT5) platform to its offering. Now, clients of the broker can trade forex and CFDs on both MetaQuotes’ platforms – MT4 and MT5. Both platforms are available for a variety of devices operating on Windows, Android and iOS systems.
Commenting on the news, a HotForex spokesperson said, “Our wide variety of trading platforms is perfect for both the desktop trader and the trader who wants to place an order on the move. We believe that providing the MT5 platform in addition to our MT4 is the perfect extra boost that traders need in order to enjoy even more trading possibilities.”
MT5 and MT4 are the most widely-used forex trading platforms. Unlike the MT4, the MT5 allows execution of orders in several financial markets and stock exchanges through a single trading account. The platform uses MQL5 programming language and also enables automated trading, using Expert Advisors (EAs). Besides, the charting package of MT5 is basically the same as those of MT4, which is highly praised by the community.
HotForex is an award-winning broker that tries to provide its clients with the tools they need to trade in their preferred style, on the platform and device of their choice. Apart from MetaTrader 4 and MetaTrader 5, the broker offers a unique copy-trading system called HFcopy.
HotForex is the unified brand name of HF Markets Group, which operates via its subsidiaries licensed in Cyprus, South Africa, and Mauritius, and has 7 years of experience in the forex industry.
| Broker | Country | Regulation | Platform | Min Deposit | Review |
|
US | CFTC, NFA | MT4, Web, in-house |
$50 | Review Website |
|
Cyprus, UK, Belize | CySec, FCA, IFSC | MT4, MT5, Web | $10 | Review Website |
|
Cyprus, Australia | CySec, ASIC | MT4, Web, Mobile app |
$100 | Review Website |
|
Australia | ASIC | MT4, MT5, IRESSTrader |
$100 | Review Website |
|
UK, Cyprus, Australia | FCA, CySec, ASIC | MT4, MT5 | $5 | Review Website |
|
UK, Australia | FCA, ASIC | MT4, Trading Station, NinjaTrader |
$50 | Review Website |
|
UK, Cyprus, UAE, South Africa | FCA, CySEC, DFSA, FSB | MT4, MT5, FxPro Markets, cTrader |
$100 | Review Website |
|
Cyprus | CySEC | MT4, MT5, Web | $1 | Review Website |
|
Belize | IFSC | MT4, MT5 | $100 | Review Website |
|
Cyprus, UK, South Africa, UAE | CySec, FCA, FSCA, DFSA | MT4, MT5, Web | $5 | Review Website |
|
Cyprus, UK | CySEC, FCA | MT4, MT5 | $1 | Review Website |
|
Australia | ASIC | MT4, MT5 | $100 | Review Website |
|
UK | FCA | MT4, Web, MT4 for Mac |
$100 | Review Website |
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