The MT5 platform, unlike its MT4 counterpart, is a true multi-asset platform – suitable for trading Forex, Stocks, Futures, Options, Equities, Bonds and Cryptos.
MT5 includes the built-in Strategy Tester, which allows users to evaluate the efficiency of a trading robot before using it on a real account. The system uses historical instrument prices, over a selected period and performs virtual operations according to its algorithm. The results show trading strategy efficiency and simulate possible behaviours during live trading. The main advantage of the Strategy Tester is the possibility to evaluate a robot performance prior to trading on a real account.
Unlike MT4, the MetaTrader 5 platform gives white Label Managers full control over their brokerage. Within the manager platform you can assign role-based managers for accountants, administrators, dealers, risk managers, as well as effectively control trade conditions, such as margin requirements, contract terms, credit limits, swaps, trade sessions, spreads, mark-ups, commissions, and other trading parameters.
This means that with the MT5 platform it allows you to offer a full range of operational services to Introducing Brokers (IBs) via the White Label program.