Metatrader 5 forex broker has become increasingly popular in the recent past. In fact, the number of people trading currency with this particular broker has been rising. This is attributed to more people knowing the benefits of using this particular broker over other brokers. Some of these benefits are only provided by this particular broker. Here are the benefits of trading currency with Metatrader 5 broker.
An Assortment of Trading Instruments
This particular forex broker provides users with more than three hundred trading instruments. This is helpful because people get to choose the instruments they want to use. The high number of options also helps people be able to diversify while trading. This is also helpful for it lowers the risks of losing money while trading. Users can conveniently trade on forex, commodities, CFDs on Stock indices, energies, metals and cryptocurrencies. This is made possible by the fact that the users can conveniently trade using different mobile devices regardless of where they are or the time of the day. The instruments provided by this particular broker are compatible with almost all mobile devices that are popular and widely used.
Easy Opening and Trading
Getting to this platform is also simple and convenient. This includes for people who do not have any experience in trading. New users get to open demo accounts for free where they start off with $100, 000 virtual balance. The importance of this is to allow new users have a feeling of how the trading goes. There are also a lot of educational materials provided by this particular broker. These materials are also helpful because they let users be able to know the mistakes to avoid and the strategies to apply. The educational materials include predictions and research on the market which allow people to make more informed decisions while trading. Besides the demo account people get opportunities to open live accounts which are deposited with free $30. This is also helpful because people are able to trade without having to spend any money at the beginning.
Metatrader 5 broker has also been able to create a global outlook which allows people from different parts of the world be able to trade successfully. The broker has clients in more than 196 countries which shows that the company is global. To ensure all the clients are served properly the broker has staff speaking more than 30 languages. The support desk of this broker is usually open around the clock so that the people with questions can get instant answers regardless of the time. But the broker does not operate in some regions in the world and these regions are listed on the broker’s website.
Focus on Clients
This forex broker does everything considering the needs of the clients. The broker does not discriminate the clients depending on factors such as net capital worth or size of investment. All the clients are treated equally without any form of discrimination. This is helpful especially for the small investors who might feel that they might be discriminated. As a way of appreciating the efforts of the clients are provided with bonus. All the clients qualify to get the bonuses provide they have met the set requirements.
Another benefit of using this particular forex broker is that everything is transparent. This is an important virtue especially while dealing with any financial matter. The broker does not have any hidden terms including promotions and pricing. In fact, the broker has a risk disclosure policy where all the clients are informed the risks that might be involved while trading. This helps the people trading be able to make informed decisions for they know what they are doing. The broker also has an alert policy which helps the clients be able to know when there are new things such as promotions and bonuses.
This broker has also been dully licensed by the various regulating bodies. In the UK the broker is licensed by Financial Conduct Authority. This shows that the broker has met all the necessary regulations. The importance of this is that it gives clients the confidence that they are dealing with a genuine forex broker. The broker has also won various awards in different bodies which further confirms that it is respected and appreciated in different ways. The fact that the broker has won different awards in different regions shows that the broker has unique qualities that make it stand out when compared with other brokers. Therefore, trading currency with Metatrader 5 broker has a lot of benefits which makes this particular forex broker an ideal option.