easyMarkets Launches MetaTrader 5 Amidst Tumultuous Market Conditions
easyMarkets has joined a growing group of brokers in switching over to MetaTrader 5 (MT5), becoming the latest retail platform to incorporate the platform into its live trading infrastructure.
easyMarkets has announced the launch of MetaTrader 5 (MT5) trading platform, to offer enhanced trading opportunities to its clients amidst the effects of geopolitical tensions on global markets. The long running broker published its official statement regarding this update in April, confirming its addition of the widely preferred MetaTrader 5 platform with variable spreads and a higher leverage of up to 500:1.
Major stock markets are undergoing enhanced volatility, which is also affecting other asset classes such as commodities and bonds. This is due to investor sentiment towards the ongoing war between Russia and Ukraine, surging inflation and imminent rate hikes – all of which are present threats predicted to potentially disfigure the growth outlook.
Advancing to New Levels
“We believe that this new product launch will better facilitate our client’s trading, allowing them to choose between floating or fixed spreads – or both if they choose to, all in the same ecosystem. Our mission is and always has been to offer traders an industry leading experience, and that’s why we are tirelessly developing and launching updates to our services, products and platforms we offer. We are also constantly adding to the list of shares and other instruments on all our platforms including MT5,” stated Ohad Golan, the chief marketing officer of easyMarkets.
Why was the MT5 Update Necessary?
Many believe that variable spreads, as opposed to fixed spreads, offer more opportunities to traders since they fluctuate as per the market situations and become tighter or wider. In addition, variable spreads are generally lower than fixed ones, thus demanding closer exposure management.
The brand’s MT5 platform is set to feature multiple other attributes, such as free stop loss and take profit, negative balance protection, maximum leverage of up to 500:1, and an allocated expert advisor. Besides MetaTrader 5, easyMarkets also offers several other attractive trading platforms, such as its proprietary WebTrader along with MT4.
Founded in 2003 and presently operating in 160 countries, easyMarkets is a multi-asset financial trading brand that grants its customers many tools not available with other providers. One such tool is the feature of undoing a losing trade within hours and freezing the market price for a few seconds to make better trading decisions. The broker was the first to introduce innovative features like guaranteed stop-loss, negative balance protection, and Freeze Rate to offer effective risk management opportunities. With its latest MT5 trading platform launch, easyMarkets strives to further uplift its product portfolio and offer better financial trading chances.
Considering the current depleted global economy, which is heavily affected by the situation in Eastern Europe and surging oil prices, traders are searching for diverse income sources to sustain the harsh market waves. In that context, the brand’s new MetaTrader 5 platform is the right tool at the right time. Moreover, this platform is an upgrade from its predecessor, MT4, and features more financial instruments and tools. Having said that, users working with easyMarkets will still have access to MetaTrader 4, even after the announced addition of MetaTrader 5.