Axiory Global announces new product line on MT5

Karthik Subramanian

Axiory Global, one of the largest FX trading platforms, has announced the launch of a new product called Alpha Account on its MT5 platform to promote trading on the platform.

axiory

In this product line, the traders would be able to buy and sell select major stocks and also trade in exchange-traded funds (ETFs). This will be a boost to its MT5 trading platform which is the third platform that the broker is offering after MT4 and cTrader. The product gives access to some of the biggest companies in the world including Disney, Netflix, Apple, Ford, Pfizer across a variety of industries whose stocks, the traders can buy and sell with ease.

Mr. Roberto d’Ambrosio, CEO and Director of Axiory Global, commented on the new product launch: “There are moments in a company’s lifetime which are considered milestones, turning points, which raise the company to a greater level. This is exactly what the new Alpha account means for Axiory.”

It may be noted that in our interview with Roberto during the iFX Expo, he had laid out plans for this type of account which he felt would be a challenging product at the pricing that the broker was planning to offer. He had also expressed how proud he would be once the product was launched and as promised, the broker has delivered the product on time. He also mentioned other plans for expansion and growth and as part of the celebration for the 10th anniversary of the Axiory Global platform.

“We are proud and excited to announce the launch of the new platform in the Axiory arsenal of trading capabilities,” said Mr. Dominic Poynter, Marketing Director of Axiory Global. “MetaTrader 5 is faster, while it offers more tools and allows trading on a wider variety of asset classes, giving Axiory a limitless space for expansion.”

Brokers are looking to phase out MT4 and bring in the MT5 platform instead of to the traders as the MT5 platform has much more advanced trading and charting features. It also helps the broker to integrate the stock pricing and trading into the platform much more easily, especially futures and options which were not possible with MT4, and in due course of time, we should be seeing MT4 being slowly weaned out of the system. Axiory Global realized this change early as it switched to the MT5 platform in May of this year.

Read this next

Chainwire

Kadena Announces Annelise Osborne as Chief Business Officer

Kadena, the only scalable Layer-1 Proof-of-Work blockchain, expands its leadership team by onboarding Annelise Osborne as Kadena’s new Chief Business Officer (CBO).

Fintech

TNS brings full-stack market data management to EMEA

“We are also delighted to have Ben Myers join our London-based TNS Financial Markets team as Head of Strategic Sales for EMEA, to bolster our presence in the region.”

Chainwire

Velocity Labs and Ramp Network facilitate fiat to crypto onramp on Polkadot via Asset Hub support

Velocity Labs is proud to announce a fiat to crypto onramp using Ramp Network through the integration of Asset Hub. Through it, Ramp will be able to service any parachain in the Polkadot ecosystem.

Executive Moves

INFINOX hires Mayne Ayliffe as Global Head of HR

“I look forward to working with our teams around the world to develop a strategic HR agenda that supports high performance and is centred on human motivation.”

Fintech

Sterling to provide risk and margin support for fixed income

“Firms must have the tools to effectively manage their risk across all asset classes. As yields rise, we see more exposure from clients in the fixed income space. We understand their need to measure and mitigate risk in a highly regulated environment.”

Retail FX

FXOpen launches HK share CFDs: Tencent, Alibaba, Xiaomi, Baidu

Hong Kong share CFDs will be commission-free for a limited period of time.

Retail FX

IronFX Celebrates an Award-Winning Start to 2024 with a Series of Industry Recognitions

IronFX, a global leader in online trading, has embarked on 2024 with a spectacular display of accolades that highlight its commitment to excellence and innovation in the competitive financial services sector.

Industry News

FIA urges CFTC to regulate use cases rather than AI itself

“We urge the CFTC to refrain from crafting new regulations that generally regulate AI because this approach presents certain well-known pitfalls. By approaching the issue from the perspective of AI as a technology, rather than the use case for the technology, corresponding regulations would likely necessitate a definition of AI. We anticipate that any attempt to properly define AI would be very challenging and require considerable resources.”

Education, Inside View

The Power of Public Relations in Finance: Shaping Perceptions & Building Reputation

It’s safe to say that the finance industry has faced its share of reputation crises over the years, from the 2008 financial collapse to the many scandals around irresponsible lending, political corruption, and even Ponzi schemes. 

<