Trading & Quant

MetaTrader 5(MT5)

MetaQuotes' multi-asset trading platform — supports forex, CFDs, stocks, futures, and crypto. Hosts EAs written in MQL5.

MT5 is the modern terminal: multi-asset, multi-currency strategy tester, depth-of-market book, full economic calendar, native FIX-API gateway, and the only platform supported by most newer prop firms (FTMO, MFF, The Funded Trader) since 2023. Choose MT5 for portfolio EAs, exchange-traded instruments, and netting accounts; choose MT4 only when the broker is MT4-only.

Related terms

Expert Advisor(EA)

A trading bot that runs inside MetaTrader 4 or 5 and executes orders automatically based on coded rules.

MQL5

MetaQuotes Language 5 — the object-oriented programming language used to build Expert Advisors, indicators, and scripts on MetaTrader 5.

Proprietary Trading Firm(Prop Firm)

A funded-trading challenge firm (FTMO, MyForexFunds, The Funded Trader, Apex) that lets traders prove an algo on a demo, then funds it on a live account with profit-share.

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