Global retail traders to benefit from MetaTrader 5 as platform diversity goes a step further
ATFX will be offering trading services on MetaTrader 5, beginning in the first quarter of 2020. FinanceFeeds speaks to the company’s senior management on the importance of providing a high quality trading environment and tools to traders around the world.
Keeping pace with technological change within the retail FX sector has been a point of importance over the last few years, especially with respect to platform diversity.
The ubiquitous MetaTrader 4 platform has dominate the third party platform arena for almost 15 years, and now, with scalability, multi-asset capability and user experience at the very top of the list of priorities for many retail brokerages, MetaTrader 5 now nestles alongside the existing platform whose manufacturer claims 85% of all retail FX platform market share.
MetaTrader 5’s modernity has for some time promised to be a boon to brokerages and traders alike, especially insofar as the ability for brokerages to offer their clients the full functionality that has maintained MetaTrader 4’s position as a universally offered platform, yet give brokers an advantage in terms of being able to expand their operations without having to add more servers to their infrastructure as MetaTrader 5 operates in all global destinations from one server, whereas MetaTrader 4 requires servers in every location.
This week, ATFX has gone down the route of planning the expansion of its trading services onto the MetaTrader 5 platform, and has spoken today to FinanceFeeds about this important move.
“To enhance the user experience as well as increasing the product range and price, ATFX plans to launch the MT5 trading platform to the different regions. This global project is being rolled out in phases as scheduled. The platform will be available to clients by the first quarter of 2020” said ATFX’s management team today.
“We at ATFX are certain that our clients, both future and present, will benefit from pioneering automated trading systems with expert advisors and a multi-function trading environment.”
“It’s all about being in the right place at the right time” said ATFX’s management team.
“ATFX is ready to expand further at a global level and will continue to increase its market share in the jurisdictions it has become established in Europe, UK, Middle East, and Latin American regions. Hence, it is the right time to launch the new service” said the company’s executive.
There are more than 100 trading tools that will be accessible through MetaTrader 5 for ATFX’s clients. In addition to currency pairs, index, energy and alternative asset classes, clients can also trade contracts of large global corporation stocks such as Apple, Google, and Facebook.
Features of the MetaTrader 5 offering from ATFX encompass over 100 FX instruments, the ability to access the platform via its desktop and mobile (iOS, Android) platform versions, more than 50 technical analysis tools as well as micro lot trading with a minimum lot size of 0.01 and stop-loss orders to reduce risk without trading restrictions.
ATFX’s senior management team concluded by stating “We pride ourselves on our client-focused approach and are committed to providing excellent trading conditions along with this new innovative product, we can offer our clients flexible trading, hedging and netting capabilities, as well as the ability to create Expert Advisors.”
It has for quite some time been anticipated that MetaTrader 5 will become the de facto platform of choice, and this is yet another development which demonstrates a move in that direction.
