{"version":"1.0","provider_name":"For overseas forex cashback services, try Money Charger","provider_url":"https://money-charger.com/en/","author_name":"admin","author_url":"https://money-charger.com/en/author/admin/","title":"List of Recommended Overseas Forex Brokers Compatible with MT5 | Differences, Advantages, and Disadvantages Compared to MT4 Explained - Money Charger (Overseas Forex Cashback Service)","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"iQuRo88z82\"><a href=\"https://money-charger.com/en/information/overseas-fx-mt5/\">List of recommended overseas forex brokers that support MT5 | Explanation of differences, advantages, and disadvantages compared to MT4</a></blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https://money-charger.com/en/information/overseas-fx-mt5/embed/#?secret=iQuRo88z82\" width=\"600\" height=\"338\" title=\"&amp;quot;List of Recommended Overseas Forex Brokers Compatible with MT5 | Explanation of Differences, Advantages, and Disadvantages Compared to MT4&amp;quot; &#x2014; Money Charger (Overseas Forex Cashback Service)\" data-secret=\"iQuRo88z82\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"></iframe><script type=\"text/javascript\">\n/* <![CDATA[ */\n/*! This file is auto-generated */\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n//# sourceURL=https://money-charger.com/wp-includes/js/wp-embed.min.js\n/* ]]> */\n</script>\n","thumbnail_width":2048,"thumbnail_height":1076,"description":"One of the attractions of overseas forex trading is the availability of MT5, but many people may be hearing about it for the first time. MT5 refers to the latest version of MetaTrader, the world's most popular trading platform. Developed by a Russian software company, it was released in 2010 as the successor to MT4. Improvements were made to address the shortcomings of MT4, such as operating speed and analytical functions, and an increasing number of traders are migrating from MT4 to MT5. You may have many questions about MT5, such as: \"What is MT5? I want to know more about MT5's functions and features,\" \"How are MT4 and MT5 different?\", \"I want to know the advantages and disadvantages of MT5!\", and \"Please recommend overseas forex brokers that support MT5!\". This article will explain the features, advantages, and disadvantages of MT5 in more detail than anywhere else, while introducing overseas forex brokers that are easy for beginners to use, such as \"HFM,\" \"FXGT,\" and \"Exness.\" This is a must-read for MT5 beginners. Recommended Overseas Forex Brokers Ranking (MT5 Compatible) Below is a ranking of recommended overseas forex brokers that support MT5. [Overseas Forex Brokers Compatible with MT5] Overseas Forex Broker Details & Checkpoints Official Website HFM・MT4/MT5◎ (PC, Smartphone App)・Reliability👑・Employs an asset protection system and has obtained multiple highly difficult financial licenses・Offers a variety of services such as deposit bonuses and copy trading Official Website FXGT・MT4・MT5◎ (PC, Smartphone App)・Reliability◎・Offers no-deposit account opening bonuses and deposit bonuses・Used by 70,000 traders worldwide Official Website Exness・Supports MT4/MT5 (PC, Smartphone App)・Reliability◎・Offers maximum unlimited leverage and swap-free・Over 15 years of operating experience and highly reliable financial license Official Website Vantage・MT4/MT5◎ (PC, Smartphone App)・Reliability〇・No-deposit account opening bonus of 15,000 yen / 120% deposit bonus・Abundant number of instruments, narrowest spreads and fast execution Official Website XMTrading・MT4/MT5◎ (PC, Smartphone App)・Reliability👑・Account opening bonus of 10,000 yen to 15,000 yen / 100% deposit bonus, number one in recognition and most popular among Japanese investors - Official website Axiory - MT4/MT5◎ (PC, smartphone app) - Reliability◎ - Known for the narrowest spreads and high execution rate, with data published monthly - Provides effective trust protection for customer funds through damage compensation insurance - Official website BigBoss - MT4/MT5◎ (PC, smartphone app) - Reliability〇 - Account opening bonus of 15,000 yen / 100% deposit bonus / Others - Also offers a game-like deluxe account and a cryptocurrency exchange - Official website Errante - MT4/MT5◎ (PC, smartphone app) - Reliability〇 - Account opening bonus of 7,000 yen / TitanFX, the official website, offers a 100% deposit bonus and cTrader, popular for short-term trading. MT4/MT5◎ (PC, smartphone app) Reliability〇 Boasts industry-leading spreads and execution speed. Monaxa, the official website, has a unique app that allows you to copy the methods of professional traders. MT4/MT5◎ (PC, smartphone app) Reliability〇 Allows testing of automated trading EAs on a demo account. A 100% first deposit bonus is offered almost constantly. Official website *Bonuses and other details are subject to change without notice. Please be sure to check the official website beforehand. Before looking at the details of each broker, let's first learn about MT5. What is MT5 in overseas FX? MT5 is the world's most popular trading platform, bringing together all the necessary functions for FX trading. First, we will explain the overview of MT5 and how it differs from MT4. MT5 features and functions explained clearly MT5 is an abbreviation for MetaTrader 5, an FX trading platform released in 2010 by MetaQuotes Software, a Russian company. MT5 is the latest version of MetaTrader4, which has been enhanced with improved functionality compared to MetaTrader4, a platform that has gained explosive popularity among traders worldwide. MT4/MT5 is a high-performance tool that allows trading of not only forex, but also stocks, ETFs, cryptocurrencies, and CFDs, making it the most widely used trading platform in the world. [History of MetaTrader] Trading tool name Release year MetaTrader (first generation) 2000 Initially appeared as an FX chart by MetaQuotes MetaTrader (second generation) 2001-2002 Gained popularity among brokers and a more advanced version was developed MetaTrader (third generation) 2003 The programming language \"MQL\" that can be used with the tool was developed MetaTrader4 (MT4) 2005 A high-performance tool equipped with MQL and capable of creating automated trading systems was born MetaTrader5 (MT5) 2010 The shortcomings of MT4 were improved and the latest version was released Reference: The Story Of MetaTrader And The Developer, \"MetaQuotes\" - WikiFX The original prototype, the first generation MetaTrader, appeared in 2000. After repeated improvements, MT4, equipped with excellent extension functions and programming capabilities, was finally born as a revolution. This was at a time when the spread of PCs was progressing and online trading was attracting attention. MT4, which allows users to create their own automated trading systems and indicators, quickly attracted institutional investors and individual traders worldwide through FX brokers. In Japan, the number of FX brokers adopting MT4/MT5, such as Rakuten Securities and OANDA Securities, is also increasing. Differences between MT4 and MT5 We have compared the differences between MT4 and MT5. [MT4/MT5 Comparison Table] Comparison Item MT4 (2005-) MT5 (2010-) Operating Speed ​​Normal (32-bit) Fast (64-bit) Timeframe Types 9 Types 21 Types Chart Split Function (PC) ◎ High Customizability ◎ High Customizability Chart Split Function (Smartphone) ✕ Cannot be split ◎ Can be split into 2 Chart External (Separation) ✕ Cannot ◎ Can be done Types of Automated Trading (EA) Quite a lot Fewer than MT4 Types of Indicators Quite a lot Fewer than MT4 Order Book Information ✕ None ◎ Available Technical/Drawing Tools 30 Types 38 Types Backtest Function 22 Types 44 Types * You can basically install as many indicators and technical tools as you like later on for both MT4 and MT5. Here, we are comparing the number of standard features. Advantages of MT5 over MT4 Specifically, the advantages of MT5 are as follows: The biggest appeal of MT5 is the greatly improved convenience of features such as charting and backtesting for automated trading EAs. MetaQuotes, the developer, even recommends migrating to MT5, as it consolidates all the necessary functions for FX trading. [...]"}