MetaTrader 5 | Workflos AppStore

MetaTrader 5

4.2

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MetaTrader is an electronic trading platform that is widely used and has become the standard for the forex market due to its advanced technology and suitability for traders of all levels.

Website

http://www.hycm.com

Developer

Henyep Capital Markets

HQ Location

London,United Kingdom

Year Founded

1998

Number of Employees

115

Twitter

@HYCM

Strengths

Multi-asset trading

Allows trading in various financial markets
Advanced charting

Provides advanced charting tools for technical analysis
Algorithmic trading

Supports automated trading strategies

Weaknesses

Complexity

Can be difficult for beginners to use
Limited broker support

Not all brokers offer MetaTrader 5
Expensive

Costs more than some other trading platforms

Opportunities

Increasing demand for online trading platforms
Potential for new features and improvements
Opportunity to expand to new markets

Threats

Competing trading platforms with similar features
Changes in regulations could impact the platform's functionality
Potential for security breaches and data theft

Ask anything of MetaTrader 5 with Workflos AI Assistant

http://www.hycm.com

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Review Distribution

👍

High - rated users

MetraTrader 5 has a simple and easy to understand user interface, making trading on the platform easy.MetraTrader 5 lacks certain security features that institutional platforms provide, making it vulnerable to scammers.
👎

Low - rated users

None mentioned.Users have experienced unnecessary charges during withdrawal, resulting in significant losses.