MetaTrader 5 (MT5) is a versatile trading platform that supports a wide range of currency pairs from various global markets, allowing traders to engage in forex trading and access other financial instruments. As of my last knowledge update in September 2021, MT5 supports a comprehensive list of currency pairs, including major, minor, and exotic pairs. MetaTrader 5 supports a wide variety of currencies, including:
Major currency pairs:
EUR/USD (Euro/US Dollar) is the most traded currency pair in the world. It is often referred to as the "King" of currency pairs.
USD/JPY (US Dollar/Japanese Yen) is the second most traded currency pair in the world. It is often referred to as the "Doji" of currency pairs.
GBP/USD (British Pound/US Dollar) is the third most traded currency pair in the world. It is often referred to as the "Pound" of currency pairs.
USD/CHF (US Dollar/Swiss Franc) is the fourth most traded currency pair in the world. It is often referred to as the "Swissy" of currency pairs.
AUD/USD currency pair is one of the most popular currency pairs to trade on MetaTrader 5. It is the exchange rate between the Australian dollar (AUD) and the United States dollar (USD). The AUD/USD symbol in MT5 is AUDUSD.To trade AUD/USD on MT5, you will need to open a trading account with a broker that offers MT5. Once you have opened an account, you will need to deposit funds into your account. You can then use these funds to trade AUD/USD.
Cross-currency pairs:
The EUR/JPY currency pair is one of the most popular currency pairs to trade on MetaTrader 5. It is the exchange rate between the euro (EUR) and the Japanese yen (JPY). The EUR/JPY symbol in MT5 is EURJPY.
The AUD/JPY currency pair is one of the most popular currency pairs to trade on MetaTrader 5. It is the exchange rate between the Australian dollar (AUD) and the Japanese yen (JPY). The AUD/JPY symbol in MT5 is AUDJPY.
GBP/CHF is the currency pair for the British pound sterling (GBP) and the Swiss franc (CHF). It is one of the most popular cross-currency pairs to trade on MetaTrader 5.
EUR/AUD is the currency pair for the euro (EUR) and the Australian dollar (AUD). It is one of the most popular cross-currency pairs to trade on MetaTrader 5.
Exotic currency pairs:
TRY/JPY is the currency pair for the Turkish lira (TRY) and the Japanese yen (JPY). It is one of the most popular exotic currency pairs to trade on MetaTrader 5
CNY/JPY or Chinese Yuan/Japanese Yen is a currency pair that represents the value of one Chinese yuan (CNY) in terms of Japanese yen (JPY). It is one of the most popular currency pairs to trade on MetaTrader 5.
ZAR/JPY or South African Rand/Japanese Yen is a currency pair that represents the value of one South African rand (ZAR) in terms of Japanese yen (JPY). It is not one of the most popular currency pairs to trade on MetaTrader 5, but it can be a good option for 4xPip traders who are looking for a relatively low-risk trade with the potential for moderate profits.
Cryptocurrencies:
Bitcoin (BTC) is a digital currency that was created in 2009 by an anonymous person or group of people under the name Satoshi Nakamoto. It is a decentralized currency, meaning that it is not subject to government or financial institution control.
Ethereum (ETH) is a decentralized open-source blockchain system that features its own cryptocurrency, Ether. ETH is the second-largest cryptocurrency by market capitalization, after Bitcoin (BTC).
Litecoin (LTC) is a cryptocurrency that was created in 2011 by Charlie Lee, a former Google employee. It is a fork of Bitcoin, meaning that it was created using the same code as Bitcoin but with some modifications. LTC is often referred to as "silver to Bitcoin's gold" because it is faster and has lower transaction fees than Bitcoin.
Stocks: Stocks from major exchanges around the world, such as the New York Stock Exchange (NYSE), the NASDAQ, and the London Stock Exchange (LSE).
Indices: Indices such as the S&P 500, the Dow Jones Industrial Average (DJIA), and the Nikkei 225.
Commodities: Commodities such as gold, silver, oil, and natural gas.
The exact list of currencies supported by MetaTrader 5 may vary depending on the broker you use. However, most brokers offer a wide range of currencies to choose from.
Keep in mind that the availability of specific currency pairs can vary based on the broker you are using, any updates that have occurred since my last knowledge update, and regional regulations. Additionally, some brokers might offer additional exotic currency pairs or specific combinations tailored to their client's needs.
If you are looking for specific currency pairs to trade on MT5, it's recommended to check with your broker or the MT5 platform itself for the most up-to-date information on supported currency pairs.
Conclusion:
The availability of a wide range of currencies in MT5 allows traders to engage in various trading strategies and capitalize on different economic trends around the world. However, it's important to keep in mind that different currency pairs come with varying levels of liquidity, spreads, and volatility. Traders should conduct thorough research and analysis before trading any currency pair and consider the potential risks associated with exotic pairs, which can exhibit higher volatility and wider spreads.
Comentários