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Welcome to DIFX - MT5
MT5- How it powers the DIFX platform
MT5- How it powers the DIFX platform
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Written by Yuna
Updated over a week ago

DIFX is a platform that introduces the powers of Blockchain not just to cryptocurrency exchange but also to other financial products. Being the first true cross-asset Blockchain-based trading network, We synergize the needs of the modern society looking to reap the benefits of both the traditional investment opportunities as well as the unparalleled opportunity from the cryptocurrency space.

Whether it is an individual looking to generate passive income, a corporation looking to invest its profits, or even brokers and traders, DIFX is a one-stop solution that provides a seamless and intuitive user interface to simplify the process of investment.

Furthermore, the platform leverages the power of Blockchain technology at its core to provide a trustless network. This allows us to combat the challenges faced by other exchanges such as security, scalability, finality, and accessibility.

The cherry on the top is the Blockchain-powered native currency of the platform called DIFX. This currency accommodates all financial interactions on the platform in a seamless manner. It acts as fuel for the platform and provides easier usability.

However, one of the crown jewels of our is the availability of various functionalities through the integration of MetaTrader5.

What is MT5?

MetaTrader5 is a platform that provides global access to various trading options such as forex, stocks, bonds, and derivatives all powered by advanced technology and algorithms. These features can be accessed through the web app, mobile app, or desktop version all having numerous features that assist in the trading activities of the users. Some of the most popular features include copy trade and auto trade options provided through trading robots and signals.

Another significant value addition to the platform is through the unparalleled integration of Metatrader5 with over 80 exchanges. These are global exchanges that include the Dubai Gold and Commodities Exchange and the Moscow Exchange.

Features of MT5

  • The integration of Metatrader5 with our platform offers an even more superior experience for the traders.

  • First on the list is the considerable number of indicators available. MetaTrader5 provides 38 indicators that are characterized into 5 groups. These indicators can be used by the users of DIFX to make data-driven and informed decisions when it comes to their trading activities both for the long term as well as short-term financial goals.

  • The five available groups are Trend, Oscillators, Volumes, Bill Williams, and custom indicators that allow users to import their external indicators.

  • When it comes to efficient analysis, MetaTrader5’s sophisticated set of tools and instruments allows our traders to get a deeper insight into the performance of various assets. These include Lines, Plotting Channels, Gann Tools, Shapes, Arrows, Fibonacci, and other instruments amounting to a total of 44.

  • The provision of these tools allows the traders to understand the price trends and analyze or predict the performance of an asset more accurately.

  • MetaTrader5 also facilitates Expert Advice for the traders. Since the world of cryptocurrencies is fairly new and there is a limited understanding of their concept, this expert advice adds significant value to the whole ecosystem.

  • Furthermore, data corresponding to the performance of these cryptocurrencies is limited which is why expert advice is more important in this space as it allows the traders to rise above the inefficient probabilities. Therefore, the activities of users on our platform become more realistic.

  • Another significant contribution of MetaTrader5 is the “Depth of Market” tool, which allows users to see the liquidity depth of a specific asset. In the cryptocurrency world, the depth of liquidity is a critical factor that defines a cryptocurrency’s performance and is thus a valuable addition.

Conclusion

The addition of MetaTrader5 to the DIFX ecosystem elevates a user’s trading experience to the next level. The set of tools and instruments available on MetaTrader5 was designed after extensive research on trader needs and then optimized based on the results.

The current cryptocurrency space is void of such sophisticated tools which is why the integration of MetaTrader5 with DIFX offers an unparalleled solution for the users.

Data-driven and informed decisions with deep technical analysis are what we provide for the crypto world, with the support of MetaTrader5.

How to use DIFX Trading Tools

When looking for a perfect exchange platform, an individual trader has quite a few criteria to consider. DEX or CEX? Insured? Cross-asset? Digital Financial Exchange (DIFX) aims to simplify the trading journey with its powerful hybrid trading platform.

We promise to solve many of the problems that present exchange platforms have by utilizing blockchain technology to create a secure, fast, and user-friendly cryptocurrency exchange and trading solution with a minimal transaction fee.

Whether you are an experienced trader or are relatively new to the crypto world, Our Exchange is the ideal platform to trade and swap between any asset class including Forex, Commodities, Cryptocurrencies and Stock derivatives. Here is a quick guide on how to make the best out of its trading tools.

How does DIFX do this?

Consider the possibility of acquiring gold with BTC or Coca-Cola shares with ETH — We make this dream a reality. Its comprehensive ecosystem was created with the mechanics of keeping numerous trade verticals in a single unified application while solving real-world trading challenges by cross pairing between all asset groups. On top of that, We have the capacity to address issues such as security, liquidity, excessive trading fees, and scalability.

So, what exactly powers a one-of-a-kind trading experience on the DIFX platform?

MetaTrader 5, a.k.a. MT5, is a multi-asset platform that employs superior tools for comprehensive price analysis and advanced algorithmic trading applications to trade Forex, Derivatives, and Stocks. They provide professional analysis, fundamental analysis to forecast price dynamics, and copy trading functions that can be accessed through their desktop, mobile, and web applications.

DIFX and MT5’s integration will enable traders to take advantage of even more advanced tools that will enhance the platform’s functionality. From facilitating a set of indicators that may help our customers make more educated decisions to giving analytic tools that can help users estimate the performance of the assets more accurately. MT5 is the crown gem behind upgrading users’ trading experience on the platform.

How To Start Your Trading Journey?

We aspire to be a leader in a major shift in trading platforms by applying blockchain technology to a wide range of financial products, not just cryptocurrency exchanges. While the platform provides all trading possibilities with a single click, the user-friendly structure, quick exchange, 24/7 customer service, and low costs are the aspects that stand out.

Ready to start? Here is how one can initiate using trading tools on DIFX:

  • Step 1: Sign up for a new DIFX account by filling in basic personal details.

  • Step 2: Follow the instructions sent on the registered email to activate the account.

  • Step 3: Verify KYC by simply uploading an identity document and identifying the face in front of the camera.

  • Step 4: After verifying email ID and verifying KYC, log in and click on Trading Accounts to add demo and live accounts.

  • Step 5: To enhance trading skills and familiarize yourself with the platform, create a demo account.

  • Step 6: Unique MT5 Trading Account number is listed on the dashboard of the Trading account.

  • Step 7: After practising, one can create a live account by selecting the live mode under the trading account.

  • Step 8: Then, track and monitor trades on the personal dashboard.

While we use advanced trading terminals to promote flawless digital transactions, the users’ security on the platform is indisputable. As a result, the thorough KYC procedure provides a safe and secure environment based on trust and transparency.

To further improve user experience, DIFX has recently launched its mobile application that is available on both iOS and Android. The app design offers a clean, intuitive, and user-friendly interface that processes trades in just a couple of clicks.

Nevertheless, investors are exploring new methods of earning and generating passive income through decentralized digital platforms. While yield farming and staking have been the focus of attention, margin trading is gaining favour among cryptocurrency investors.

How To Make The Most of Margin Trading With DIFX?

Margin trading allows traders to leverage their positions and gain additional freedom by borrowing and investing assets from third parties. Traders can use DIFX’s application programming interface to gain significant leverage.

Since the platform allows for seamless cryptocurrency exchange, buyers and sellers can reach an agreement as quickly as possible. Furthermore, because the DIFX utility token is at the heart of the platform’s operations, it allows for faster transfers and significant trading discounts, making it popular among all types of investors.

Final Words

With the integration of MT5 with DIFX’s trading tools, one of our goal of bridging the gap between traders, people, corporations, and cross-border trading solutions has been accomplished. With such a need to fill in the present cryptocurrency industry, such integrations, in combination with a wide range of trading pairings and in-depth technical analysis, would provide consumers with unrivalled solutions.

About DIFX

We are a hybrid model of decentralized exchange that incorporates centralized finance using blockchain technology. It is a user-friendly platform well suited for beginner and advanced traders, institutions, and investors. The company aims to promote the use of digital currencies for direct settlement between receiver and payer by eliminating intermediaries.

We exchange offers several solutions, all powered by the new smart contracts v2, such as:

  • User-Friendly Interface

  • Dedicated Support with Multilingual AI-based query Resolution Bots

  • Dedicated Cloud Servers

  • Regular Security Audits to Eliminate Price Manipulation and Front Running

  • Assured Price Uniformity with other Leading Exchanges

  • Wide Bandwidth to Accommodate Numerous Transactions per Second

How to make deposits on the MT5 Application

  1. Click on the wallet tab.

  2. Click on the Fireblock.

  3. Fill in your account and complete the details.

  4. Copy the address generated.

  5. Open your metamask wallet.

  6. Select the USDT option and click on the send option.

  7. Paste the address that you have copied.

  8. Enter the amount details. Click next.

  9. Confirm transfer!

  10. Return to Member area.

  11. Click on Wallet

  12. Go to Transaction history.

  13. See your successful deposit.

  14. Go to the Trading Accounts tab and you will find your deposit.

    How to download MT5 Application

    1. Watch this video for a step-by-step guide to begin trading.

    2. Once you set up your live DIFX account, install MT5.

    3. Open the app and start your trading journey with DIFX today!

How to make withdrawals on the MT5 Application

A step-by-step Guide on how you can withdraw from your MT5.

1. Click on the wallet tab. On the left side, proceed to withdrawal.
2. Select your Fire block wallet.
3. Select your account and type of currency.
4. Enter the amount.
5. Open your metamask wallet.
6. Copy the account address.
7. Paste the address that you have copied.
8. Click on withdraw!
9. Once your request is processed, click on submit the application.
10. Wait for approval.

Frequently Asked Questions - MT5

How do I open my account with DIFX?

You can sign up for our CRM by visiting: https://member.difx.pro/en/

I forgot my Password, How can I retrieve it?

You may click HERE to receive a new password on your registered email. You may later change this password via the CRM.

How do I download the DIFX MT5 app on my platform?

Please click the link HERE to download the DIFX MT5 platform.

How do I complete my KYC? What documents are required?

For filling out the KYC form you need to click HERE

What is MT5?

MT5 - MetaTrader 5 is a free application for traders allowing them to perform technical analysis and trading operations in the Forex and exchange markets.

What instruments can I trade on MT5?

DIFX - MetaTrader5/MT5 is a multi-asset platform that allows trading of Forex, stocks, CFDs and derivatives.

What is Derivatives?

Derivatives are financial contracts that obligate the parties to transact an asset at a predetermined date and price.

What are CFDs?

A contract for difference (CFD) is a contract between a buyer and a seller that stipulates that the buyer must pay the seller the difference between the current value of an asset and its value at contract time.

How many instruments can I trade on DIFX MT5?

On the DIFX MT5, users can trade over 600 instruments in the form of Stocks, Indices, Cryptocurrencies and Cross-Pairs.

What are Cross-Pairs?

Cross-Pairs or Cross Asset Pairs allow users to trade between two different asset classes. For example Bitcoin-Gold (Crypto-Commodity).


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