Latest news with #MetaTrader5
Mail & Guardian
3 days ago
- Business
- Mail & Guardian
Trading On MT5 with crypto: PrimeXBT brings regulated crypto trading to South Africa
Leading multi-asset broker South African traders can now access Crypto or fiat-denominated accounts on leading platforms like MetaTrader 5 (MT5), make deposits and withdrawals in Crypto or fiat, and use either as collateral for their trades. PrimeXBT also offers a robust Crypto exchange built into its platform, facilitating seamless currency conversions. This article will cover how the broker is reshaping the way local traders interact with the markets, empowering them to seize new opportunities confidently. Setting Standards for Regulated Trading Environments Regulatory clarity has always been essential to protecting traders and fueling innovation in the industry. Trust is one of the most important factors for traders choosing a broker. Reliability, support, transparency, and a genuine interest in client success set top brokers apart. Picking a regulated broker is often the best way to ensure these requirements are met. The addition of Crypto to its existing FSCA-regulated offering reinforces PrimeXBT's commitment to providing a secure, modern, and accessible trading environment for South African traders. It helps build trust and allows clients to explore new markets with full regulatory backing. In addition, the broker maintains strict security protocols to protect client data, funds, and assets. Unlocking New Opportunities for South African Traders MetaTrader 5 (MT5) is one of the most popular trading platforms in the industry. It offers access to PrimeXBT's MT5 integration and the addition of Crypto assets to its offering unlocks new opportunities for traders in South Africa. They can now access Forex and CFDs on Stocks, Indices, Crypto, and Commodities, from accounts denominated in USD or USDT. Deposits and withdrawals are available in ZAR via local banks and payment providers like Capitec Pay. The broker also accepts payments in BTC, ETH, USDT, and USDC. This allows Crypto investors to exchange their tokens for USDT and start trading on MT5 instantly. Leading the Way with Competitive Trading Conditions High trading fees have traditionally been an issue in South Africa, significantly impacting market accessibility and growth. This can include commissions, currency conversions, spreads, minimum deposits, and deposit and withdrawal fees, which can act as major barriers to traders with less money to invest. PrimeXBT addresses these issues, offering some of the most cost-effective trading conditions in the industry. Trading fees on all non-Crypto CFDs like Forex, Stocks, Indices, and Commodities are as low as 0%, with spreads starting from 0.1 pips. For Crypto CFDs and Crypto Futures, trading fees start at 0.05% and 0.01% respectively. Clients can also earn fee discounts of up to 50%, depending on their trading volume. There are no deposit fees, and withdrawal fees begin at $0. The broker also offers leverage of up to 1000x, helping clients trade more for less. This competitive fee structure helps local traders be more efficient in the markets and keep more of their funds for trading. Empowering Traders to do More with Crypto With the expansion of its FSCA-regulated offering, PrimeXBT proves its commitment to delivering an all-in-one trading experience that focuses on innovation, reliability and accessibility. The broker builds on its existing foundation of trust by providing secure and regulated access to Cryptocurrencies. Its powerful MT5 integration also allows traders to experience this on a reliable platform, empowering them to explore exciting new opportunities with confidence. Start trading with .
Hans India
3 days ago
- Business
- Hans India
Mastering Order Types in MT5: Market, Pending, and Stop Orders Explained
For those who are interested in forex trading, knowing how to make and manage orders is vital. MetaTrader 5 (MT5) is a powerful platform to use for forex trading for beginners as well as professionals. It has a wide range of orders. Knowing how to utilize these types of orders is crucial to the success of your business. This guide will help you understand the market order, pending orders and stop orders. 1. Market Orders: Immediate Execution at Current Price Market orders are the most simple type of order in the forex market. It is executed instantly at the current market rate. Market orders are the best option to get into or out of the market in a short time. They permit you to act when the time is just right. When you place a Market order, you are either buying or selling at the current price. Market orders are great for traders who need to execute swiftly. For instance, if the market is moving in the correct direction, a market order lets you enter immediately. The price may fluctuate a small amount during execution depending on how the market fluctuates, however. How to Enter a Market Order: Go to the "New Order" window in the MT5. Choose your currency pairing. Choose "Market Execution" as the kind of order. Input the amount of the transaction. Select "Buy" or "Sell" to make a trade. Your trade will be completed with the highest price possible. It's simple and quick to trade. 2. Pending Orders: Determine Your Entry Points A pending order allows you to set an entry point in the future. Pending orders don't execute immediately like market orders. Instead, they're left at a certain price either lower or higher than the current market price. They only activate when the price reaches the price level that is specified. Pending orders are useful for those who want to get into markets at a specific price. There is no need to monitor the market continuously. MT5 offers four types of open orders that include Buy Limit and Sell Limit. There is also a Buy Stop as well as Sell Stop. Types of Pending Orders in MT5: Buy Limit: Make this order at a lower price. Sell Limit: Place this order at a higher price than the price at which it is currently. Buy Stop: Make this order over the price currently in effect. Sell Stop: Place this purchase at a lower price than the current one. Every type of pending order serves distinct functions. Understanding which one to use is essential for successful trading. Placing a Pending Order: Start"New Order." This is the "New Order" window in MT5. Select your currency pair. Select the type of order that is pending (Buy Limit or Sell Limit or Sell Stop). Set the price. Confirm the order and then enter it. In the case of pending orders, you can make trades during times that aren't on the computer screen. 3. Stop Orders: Safeguard Your Profits or Restrict Losses Stop orders are a security strategy used for forex trading. It will close a position automatically once the price is at the level. Stop orders are essential to reduce the risk. They can help you protect the profits you earn or limit your losses. MT5 offers two stop-order types: stop-loss orders as well as trailing stop orders. Stop-Loss orders: These are used to close a trade when the price moves against you. They limit your losses. Trailing Stop Orders: They follow prices in the marketplace. If the market is moving towards you the trailing stop follows through. When the market turns and closes the position. How to Set a Stop Order: Click"New Order" in MT5 "New Order" window in MT5. Select the currency pair to be used and the size of the trade. Your trailing or stop-loss purchase. Verify the purchase. Stop orders are essential for managing risk. They are executed automatically once the market is at your desired levels. Mixing Order Types for Effective Risk Management The most successful traders use all three options, which include market, pending as well as stop order. For instance, you could make use of a market-order to rapidly enter an investment. Then, you can use the stop-loss option to safeguard your capital. You can also use a pending order in order to enter trading at a lower price. These strategies allow you to control your trading while keeping risk in check. By aggregating orders, you can increase your flexibility of trading. This is crucial in the volatile market. It is possible to schedule entry and exit times and reduce the emotional decisions. Conclusion: Understanding the different types of orders is essential for success when it comes to forex trading for beginners. Market orders, waiting orders and stop orders are the foundations of any profitable trading strategy. When you use these orders properly, they can aid you in trading and exiting the market in most appropriate times. No matter if you're new or experienced, the types of trades can have a significant impact on the way you trade. They allow you to manage your trading better, reducing risks and increasing the opportunities for success. Learning how to place and manage orders using MT5 is a major step towards achieving success. While you learn and keep growing, you'll learn more about how you can earn money online with effective forex trading. Test any technique first using a demo account before moving to attempting real-live trading. After a few months, you will develop the skills that will allow you to achieve consistent results.
Time Business News
12-06-2025
- Business
- Time Business News
The Rise of Algorithmic Trading in the Retail Forex Market
For years, algorithmic trading was a tool reserved for institutional investors, hedge funds, and high-frequency trading firms. These organizations had access to sophisticated infrastructure, exclusive market data, and custom-developed trading algorithms. Today, however, algorithmic trading is no longer the privilege of large institutions. Thanks to advancements in technology and the growth of online trading platforms, retail forex traders now have the opportunity to use automated strategies once considered out of reach. This shift has transformed the dynamics of the forex market, giving individual traders access to powerful tools that can enhance decision-making, reduce emotional trading, and increase efficiency. The rise of algorithmic trading in the retail space marks a significant development in how forex markets operate and how traders participate in them. Algorithmic trading, often referred to as algo trading, is the process of using computer programs to execute trades based on predefined criteria. These criteria can include price levels, technical indicators, volatility patterns, or economic events. Once programmed, the algorithm monitors the market and places trades automatically when conditions are met. Unlike manual trading, algorithmic systems operate with speed and accuracy, processing data and executing trades in milliseconds. They can monitor multiple instruments simultaneously, manage risk parameters in real time, and react to market changes faster than a human ever could. Although algorithmic trading takes many forms, it generally includes strategies such as: Trend following Mean reversion Arbitrage News-based trading Market-making Each of these strategies can be translated into a set of rules and then coded into a trading algorithm. The expansion of algorithmic trading into the retail sector has been driven by several key factors. First and foremost is the accessibility of trading platforms that support algorithmic functionality. MetaTrader 4 (MT4) and MetaTrader 5 (MT5), two of the most widely used platforms, allow retail traders to use Expert Advisors (EAs) or custom-built scripts written in MetaQuotes Language (MQL). This development brought automation capabilities to the average trader's desktop. Another factor is the availability of educational resources and online communities. Today, traders can learn coding, backtesting, and strategy optimization through free or low-cost tutorials. Forums and knowledge hubs provide access to code libraries, debugging advice, and shared algorithms, making it easier than ever to get started. Cloud computing and affordable Virtual Private Servers (VPS) have also made it practical to run trading bots around the clock. This ensures that retail traders can keep their algorithms running with minimal downtime, maintaining speed and efficiency without needing their local device to stay online. Algorithmic trading offers a wide range of advantages that make it appealing for individuals trading forex on a smaller scale. One of the most significant is the elimination of emotional decision-making. Emotions such as fear, greed, and hesitation can lead to poor trades or missed opportunities. Algorithms, by contrast, execute trades purely based on logic and data. Another benefit is the ability to backtest strategies. Traders can evaluate how their algorithms would have performed in the past using historical data. This helps refine strategies before applying them to live markets and offers insights into performance metrics such as drawdown, win rate, and risk-reward ratios. Time efficiency is another key factor. Algorithmic systems can run continuously without the need for constant monitoring. This is especially valuable for traders with full-time jobs or limited screen time. It also allows participation in markets during all trading sessions, including those in different time zones. Furthermore, automation allows for complex strategies that would be difficult or impossible to execute manually. Some algorithms are designed to monitor dozens of currency pairs at once, scanning for correlations, divergences, or statistical anomalies that can lead to profitable trades. Retail traders commonly implement several types of algorithmic strategies. These vary in complexity and risk, but each has its own unique appeal. Trend-following algorithms are designed to enter trades in the direction of market momentum. These systems typically use moving averages or breakout signals to determine entry points and follow the trend until signs of reversal appear. Mean reversion strategies assume that prices will return to their average over time. When a currency pair moves significantly away from its recent mean, the algorithm enters a position expecting a correction. These systems often rely on indicators like Bollinger Bands or Relative Strength Index (RSI). Scalping bots make multiple small trades throughout the day, capitalizing on brief price fluctuations. These algorithms require high execution speed and are typically paired with low-latency environments like VPS hosting. News-based algorithms analyze economic calendar events or price reactions to unexpected data releases. These bots may use natural language processing to interpret headlines or respond to sudden changes in volatility. Grid and martingale systems are also used by some retail traders. However, these come with increased risk and require careful management to avoid significant drawdowns during prolonged trends. While the advantages are compelling, algorithmic trading also comes with challenges and risks that traders must be prepared to manage. One of the main risks is over-optimization, also known as curve fitting. This occurs when a strategy is too finely tuned to past data, making it ineffective in live conditions. Another concern is technical failure. Algorithms depend on stable internet connections, uninterrupted platform access, and consistent data feeds. Any disruption in these components can lead to missed trades or unintended positions. To minimize such risks, many traders host their algorithms on VPS solutions rather than local devices. Changes in the financial markets also pose a threat to algorithm performance. A strategy that works well in a trending market might underperform during consolidation. Algorithms lack the ability to adjust their logic unless they are manually updated or designed with adaptive features. There is also the issue of lack of oversight. Traders may be tempted to 'set and forget' an EA or script without regularly reviewing its performance. This can result in small losses accumulating unnoticed or sudden market changes triggering major drawdowns. As algorithmic trading grows in popularity, regulatory bodies have increased their oversight of how these systems are used. While retail traders typically operate at a smaller scale than institutional firms, regulators still expect transparency and responsible use of automation. Traders must ensure that their systems do not engage in manipulative practices, generate excessive order flow that impacts server performance, or violate the trading rules of the brokerage. Many platforms offer guidelines on the acceptable use of EAs and require compliance with execution and risk management policies. The trajectory of algorithmic trading in the retail space points toward further expansion. As technology continues to advance, tools once considered complex or exclusive are becoming easier to use. Platforms are increasingly offering drag-and-drop EA builders, AI-powered strategy testers, and real-time performance dashboards. Machine learning and artificial intelligence are expected to play a larger role, particularly in strategies that adapt to changing market conditions. These tools may allow for smarter risk assessment, more nuanced decision-making, and deeper pattern recognition across multiple assets. Mobile applications are also improving, enabling traders to monitor and manage their algorithms on the go. As connectivity and user interfaces evolve, the gap between professional and retail trading tools is likely to shrink even further. Algorithmic trading has moved beyond the domain of large institutions and is now a vital part of the retail forex landscape. Empowered by accessible platforms, powerful tools, and an ever-growing base of knowledge, individual traders can automate strategies, manage risk with precision, and operate with a level of consistency that manual trading rarely provides. However, automation is not a magic solution. Success still depends on thoughtful strategy development, thorough testing, and responsible oversight. Traders who approach algorithmic systems with a combination of curiosity and caution stand to benefit the most from this powerful evolution in the trading world. TIME BUSINESS NEWS
Khaleej Times
02-06-2025
- Business
- Khaleej Times
Kanak Capital Markets awarded ‘Best Online Trading Platform for Multi-Asset Brokerage' at Forex Traders Summit 2025
Kanak Capital Markets was recently recognised as the 'Best Online Trading Platform for Multi-Asset Brokerage' at the Forex Traders Summit 2025, held in Dubai on May 14 and 15. Regarded as one of the premier events in the global trading and fintech space, the annual summit draws participation from leading brokers, institutional investors, and technology innovators representing more than 30 countries. The award is led by an independent panel of industry experts who evaluate nominees based on platform performance, technological innovation, regulatory compliance, and user experience. This year, Kanak Capital Markets stood out for its strong delivery of versatile, high-speed trading platforms tailored to the evolving needs of modern traders. A key factor behind Kanak Capital Markets' win was its dual-platform approach, offering both the widely adopted MetaTrader 5 (MT5) and its proprietary Kanak Trader. MT5 is integrated with enhanced features, including expanded asset class coverage, smart order routing, and real-time performance tracking. Kanak Trader offers a customisable interface, integrated volatility alerts, low-latency infrastructure, and dynamic risk management tools. Together, these platforms provide users with access to forex, stocks, commodities, and indices with exceptional reliability and speed. This year's summit also spotlighted the rapid evolution of trading technology, with awards focusing on platforms that combine high performance with robust security, regulatory compliance, and user accessibility. The award reflects Kanak Capital Markets forward-thinking approach to actively integrate automation, predictive analytics, and emerging trading technologies to create a more agile, data-driven platform that anticipates both market shifts and trader needs. The vision is clear: to continue setting industry benchmarks and support traders worldwide with cutting-edge technology and unwavering support. The Forex Traders Summit continues to serve as a key platform for industry recognition and collaboration, celebrating organisations that are shaping the future of brokerage, fintech, and trading innovation. As technology transforms global financial markets, the trading industry is poised for further breakthroughs—driven by automation, data analytics, and user-centric platforms that promise to make trading more accessible, efficient, and secure for traders around the world.
Yahoo
20-05-2025
- Business
- Yahoo
Seven Star FX Marks 20 Years with $20 No Deposit Bonus for New Traders
A globally regulated STP broker launches risk-free trading opportunity through MetaTrader 5 as part of global anniversary celebration. London, UK , May 20, 2025 (GLOBE NEWSWIRE) -- Seven Star FX is celebrating 20+ years at the forefront of global forex trading by launching a $20 No Deposit Bonus, giving new clients a secure and risk-free way to experience the live market. As a globally regulated STP broker, the company continues to support traders with fast execution, transparent pricing, and access to over 120 instruments through industry-leading platforms like MetaTrader this promotional offer, the company demonstrates its willingness to provide traders with dependable tools and tailored support from the outset of their forex trading journey. Seven Star FX Since 2004, Seven Star FX has been instrumental in shaping trading experiences for clients across more than 65 countries. The $20 No Deposit Bonus offers first-time users a unique opportunity to engage in live foreign exchange markets without the need for an initial deposit. This initiative lowers the entry barrier and allows beginners to build trading confidence with professional-grade tools. Through access to industry-leading forex trading platforms like MetaTrader 5, users benefit from advanced charting, real-time data, and fast order execution, which are features trusted by experienced traders worldwide. Designed to support individuals at every stage of their forex trading journey, this powerhouse broker's infrastructure transforms market exposure into informed, confident decision-making. 'We are proud to have built long-lasting trust in the forex market over the past 20 years,' the company spokesperson said. 'This bonus offer is our way of inviting new clients to explore our platform with confidence and no pressure. As a we believe in providing the kind of tools and support that traders need to grow — starting from day one.' Seven Star FX clients also have access to trading on both MT4 and MetaTrader 5, platforms known for powerful analytics, one-click execution, and customizable strategies. The broker also offers deep liquidity, low spreads, and access to over 120 instruments, such as currencies, commodities, metals, and indices, creating a flexible and dynamic trading environment for all types of traders. As part of its continued focus on performance and trader empowerment, the broker offers tools that enhance every phase of the forex trading journey. With flexible leverage up to 1000:1, a risk-free demo account, and fast withdrawals that provide quick access to funds, traders are equipped to operate with confidence. Paired with access to industry-leading forex trading platforms, these features create a seamless and adaptable trading experience for both beginners and professionals alike. Seamless trading extends beyond tools and technology as it also depends on timely, reliable support. That's why this broker is recognized for its dedicated 24-hour multilingual customer service, helping traders resolve issues in real time, no matter the time zone or volume of activity. This unwavering client support earns it a 4.8/5 Trustpilot rating and a strong global footprint. It reinforces its standing as a trusted partner in the financial markets and a provider of industry-leading forex trading platforms. To learn more or to claim the $20 No Deposit Bonus, traders can visit About Seven Star FX Seven Star FX is an established name in global online trading, trusted by clients in over 65 countries since 2004. Licensed by the Financial Services Commission (FSC), the firm operates as a globally regulated STP broker, offering direct access to the world's financial markets. Traders rely on the firm's deep liquidity, competitive pricing, and fast execution through advanced platforms such as MetaTrader 5 and MT4. With a sharp focus on performance and transparency, the brokerage delivers a stable and secure environment for retail and institutional traders aiming to succeed in today's dynamic forex landscape. ### Media Contact Seven Star FXAddress: 123 Bishopsgate, London EC2M 3XS, United KingdomPhone: +44 20 7946 0633Website: The contents of this press release are for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this press release constitutes a consultation or a solicitation for investment or the purchase or sale of any financial asset. Any investment decision should be made after consulting with a professional about your specific circumstances. The information provided in this press release does not constitute advice or investment opinion, and it should not be relied upon as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any reader's particular investment objectives, financial situations, or needs. Readers should not consider it as financial advice and should consult with their financial advisor before making any investment decisions. Neither the distribution company nor its partners are responsible for any decision made on the basis of this press release. Any decision based on this press release should be made after consulting with a professional. The source of this press release, Seven Star FX, must be contacted for any queries.
