New Rich Markets established in 2007 is a broker that provides access to trading in currency pairs and CFDs on indices, metals, fuel, stocks, bonds, and cryptocurrency.
When replenishing an account, a trader gets a bonus of up to 50% of the replenishment amount provided that the minimum replenishment amount is 100 USD. New Rich Markets claims that it does not charge any fees for depositing and withdrawing funds. The spreads start from 2 points.
Users replenish their accounts by bank transfer or credit card. Verification for funds withdraw is not required. New traders can use a demo account without restrictions. Deposits in trading accounts can be made in most national currencies which are subsequently converted into GBP, EUR or USD.
A trader can earn by becoming a partner of the company. For each attracted customer, the broker offers additional bonuses.
The broker offers a technical analysis, an economic calendar and a TV trader where users watch video market reviews. Each client can complete an educational program using articles, brochures, seminars, and webinars.
The broker works on MT4 and MT5.
The principal advantages of MT4 are a wide set of tools for analysis, editor for writing indicators, strategy testers, market news in real time, and fast conclusion of transactions.
MT 4 consists of several components: MT4 Server which processes and stores all dealing operations and the history of their execution, MT4 Manager that deals with the management of traders’ accounts and their trading operations, MT4 Administrator that allows managing the server remotely, specify the settings for databases and financial instruments, MT4 Data Center created to improve the security and scalability of the trading system, and MT4 Client Terminal to customize, select methods of technical analysis, etc.
Compared to MetaTrader 4, the MetaTrader 5 trading platform is a more advanced version with wide functionality and features for programmers and exchange traders. Here the experienced experts will find many tools that will make their trading strategy more flexible and perfect.
Algorithmic trading is one of the key advantages of MT5. Thanks to the more powerful MQL5 programming language, traders can create more accurate trading robots that will help to automatically trade Forex. Any manual strategy can be transferred into program code. MT5 has a few features for algorithmic trading like MQL5 Wizard, an application for developing a trading robot in a couple of clicks, MQL5 programming environment for more advanced users or MetaEditor strategy editor.
MT4, MT5, New Rich Markets Trader
St Vincent and the Grenadines