Rigel Forex provides clients access to the financial markets through the industry-leading MetaTrader 5 trading platform.
The new platform is an updated and improved version of its predecessor which has long been the industry standard for traders around the world. Through long-term partnerships with the world’s leading technology providers, Rigel Forex is proud to present the next generation MetaTrader 5 platform, designed to offer everything you need to trade the markets.
MetaTrader 5 is a powerful platform packed with brand new features aimed at improving your trading experience. It is available on both of the Rigel Forex account types: True ECN and Standard.
What Makes the Rigel Forex MetaTrader 5 Platform Unique?
True ECN Connectivity
A diverse liquidity mix comprising of up to 50 different liquidity providers ranging from investments banks, hedge funds, and dark pool sources, ensures institutional grade pricing is available to all clients. Rigel Forex True ECN Connectivity allows traders to trade on Executable Streaming Prices without dealing desk intervention, re quotes, or price manipulation of any sort.
One Click Trading
For manual traders, the platform features special tools to carry out various trading operations with just one mouse click. An example is that traders can easily enter and exit trades with only one click. This functionality was redesigned to assist traders in the execution and management of their trades.
The Rigel Forex MetaTrader 5 platform is compatible with a wide range of programs to automate your trading. Expert Advisors can be easily installed on the platform and are ready for immediate use. Having an account also means customized programs and applications can be easily downloaded from the in-built marketplace.
MetaTrader 5 is a multi-asset platform that makes trading in the forex, futures, CFD, and stock markets possible. Cutting-edge functionality of the platform along with Rigel Forex’ relationship with top liquidity providers resulted in a wider market coverage that all traders can access. Enjoy the ease of trading multiple assets with just one platform.
Faster Order Execution
Rigel Forex MetaTrader 5 servers are collocated in the Equinix NY4 data centre in New York, which is home to all the major buy and sell side firms, exchanges, trading venues, market data and service providers. Utilising enterprise grade hardware on trading servers as well as having dedicated fibre optics cross connected to liquidity providers ensures the best in trading conditions for all traders: super low latency and ultra fast execution.
Flexible Position Sizing
The availability of micro lot trading means a minimum lot size of 0.01 may be opened on the MetaTrader 5 platform. This allows flexibility in risk management and also means appropriate position sizes can be selected to suit your risk tolerance and trading style.
Advanced Charts and Tools
The tools provided on the platform can be widely used for all analytical purposes. More than 80 of the most popular analytical tools are available. In addition to an extensive library of technical indicators, analytical objects can be added directly to a price chart for easy analysis. It is also possible construct charts based on other indicators’ data. This platform provides all the tools needed for comprehensive technical analysis.
Financial news and the economic calendar are built-in tools available for comprehensive fundamental analysis. The platform provides traders with direct access to financial news from international news agencies. In addition, the platform also provides financial newsletters to help traders stay updated on global matters that influence financial markets. Another important tool is the economic calendar. Publications of macroeconomic indicators at specific times are all displayed on a calendar to make trading decisions easier.
Multi-Threaded Strategy Tester
MetaTrader 5 features a built-in Strategy Tester to facilitate the testing of automated trading programs. This powerful tool allows testing the efficiency of an Expert Advisor as well as help in determining the input parameters for best performance. The Strategy Tester allows you to backtest sophisticated programs on multiple currencies at the same time. New graphical displays of test results are also included for improved convenience in analysis.
No Restrictions on Trading
The Rigel Forex MetaTrader 5 platform continues providing the ultimate in trading conditions. Traders are allowed to place orders between the bid and ask as there is no minimum order distance and this includes placing stop loss orders as close to the market price as you like. This creates an environment ideal for scalping and high frequency trading that traders from all around the world appreciate.
Level II Pricing Market Depth
Depth of market shows the full range of executable prices coming directly from liquidity providers. This tool visualises the total liquidity of each instrument by displaying the available volume for each price level at any given time. Having this data available allows traders to more accurately analyse market liquidity to determine the best time for their trading.
Up to 1:500 Leverage
Freedom of choice in leverage ranging from 1:1 to 1:500 is available on the Rigel Forex MetaTrader 5 platform. Choosing a higher leverage allows larger positions to be opened with less margin requirements. Traders can use different leverages suiting their trading style and for optimizing their results based on their trading strategies.
Rigel Forex has a dedicated support team fully trained to provide technical support on the MetaTrader 5 platform. Whether you need assistance in finding specific tools or setting up templates, the support team can be reached 24 hours a day, 5 days a week through live chat, email, and phone.