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Broker vs Meta Trader 5 Live Account.

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Anthony Franco
180
Anthony Franco  

Good Evening All.

I am a bit confused & need clarification on the following :-

a) Why do I need a Forex Broker if Iam comfortable with Meta Trader 5?

b) Isn't Meta Trader 5 Live Account a type of Broker. Can I not deposit & withdraw funds from Metra Trader 5 Live Account to my Personnel Bank Account via Wire Transfer?

c)  Reason being I am trying to keep the process simple :-  Personnel Bank Account For Funding > Meta Trader 5 Live Account & Meta Trader 5 Live Account For The Purpose of Trading > My Personnel Bank Account for Profit Taking.

D) Is their something I am missing?


Thank You In Advance.

Regards Anthony.

Alain Verleyen
Moderator
31203
Alain Verleyen  
Anthony Franco:

Good Evening All.

I am a bit confused & need clarification on the following :-

a) Why do I need a Forex Broker if Iam comfortable with Meta Trader 5?

b) Isn't Meta Trader 5 Live Account a type of Broker. Can I not deposit & withdraw funds from Metra Trader 5 Live Account to my Personnel Bank Account via Wire Transfer?

c)  Reason being I am trying to keep the process simple :-  Personnel Bank Account For Funding > Meta Trader 5 Live Account & Meta Trader 5 Live Account For The Purpose of Trading > My Personnel Bank Account for Profit Taking.

D) Is their something I am missing?


Thank You In Advance.

Regards Anthony.

You need a broker to get an MT5 live account.
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