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Alpari UK became the first major forex broker to launch MT5 live

Apr 06 2012
By
Forexbrokerz.com

Alpari UK became the first major forex broker to offer Metatrader 5 (MT5) live accounts.  MT5 is a completely new trading platform designed by MetaQuotes Corp. and not an upgrade of the MetaTrader 4. Unlike MT4, MT5 provides traders with info about market depth and allows one-click trading. Traders can choose from 34 currency pairs plus spot gold and silver. 

 
The key benefits of MT5 trading with Alpari (UK) include:
 
 -   Non-dealing desk (NDD) execution with access to multiple liquidity providers (bank liquidity)
 -   Direct market access (DMA) and market depth to analyse market liquidity
 -   One-click trading and no re-quotes for speed of execution
 -   Spreads from 0 pips and up to 1:500 leverage
 -   New order types and advanced order expiration types including “fill or kill”
 
Alpari (UK) offers MT5 on the new ECN account that requires a minimum deposit of just USD200. For trades opened and closed by 1 July 2012, Alpari (UK) will charge no commission. From 2 July 2012 commission charges will apply.
 
With MT5 traders can apply their Expert Advisor (EA) strategies in a highly efficient way. EAs are mechanical systems that allow traders to fully automate their trading processes and analytical activities to execute trades more efficiently.
 
The new MetaTrader 5 Strategy Tester enables traders to test and optimise EA strategies in minutes rather than hours. In order to optimise EAs, traders use historical data to find out how well a particular EA strategy would have performed in the past. This is the so-called backtesting. Many tests and strategy modifications are necessary before an EA is ready to be applied to a Live account. The Strategy Tester gives traders access to a remote computer cluster and the calculation capacity of thousands of computers all over the world to accelerate the optimisation process.
 
MT5 Market gives traders access to apps for the MT5 Terminal, for example technical indicators, EAs, control panels and analysis systems.
 
Forex, spread bets and CFDs are leveraged products. They may not be suitable for you as they carry a high degree of risk to your capital and you can lose more than your initial investment. You should ensure you understand all of the risks.
TAGS: alpari uk  metatrader  mt4  mt5  live account  forex  forex broker 

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