Trading Service Expansion for MetaTrader 5
Technological advancements in the cryptocurrency industry are continuously moving forward. Platforms providing updates to account for these advancements has become challenging. One service that has delayed its upgrade is the MetaTrader 5 Program, which is maintained by 85% of the market. It provides multi-asset capabilities and scalability for trading. Unfortunately, exchange operators have eagerly waited for an update, which has been promised for a prolonged period.
One desired update amongst consumers of MT5 has been the fully-functional release of MT4 to all clientele. This could create a universal structure, which could allow for cryptocurrency operations to expand. Subsequently, it required an extensive upgrade to severs and security enhancements as well. Luckily, it was announced this week by AT Global Markets Limited (ATFX) that they’d begun working on the expansion process for the MetaTrader 5 Application. This information comes after speaking with Finance Feeds Magazine.
The Management Team for ATFX spoke on this announcement. They stated: “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. 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.”
That statement continued with the following: “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.”
The ATFX-created MetaTrader 5 platform is considered the best industry-wide. It maintains one hundred trading tools, which can be customized and programmed for the assistance of exchange clientele. Additional services with MT5 include an Index, Currency Pairs, Alternative Asset Classes, and Corporation Trade Contracts. These digital contracts are maintained with global companies like Google, Apple, Amazon and Facebook. Consumers operating accounts with MT5 are limited to desktop-usage, with mobile applications offered for iOS and Android.
After the 100 FX Instruments, there are also 50 Technical Analysis Tools. Stop-Loss Orders are managed, with the addiction of Micro-Lot Trading. There isn’t any other application available to exchanges that maintain this level of exclusive features. It should be noted that the MetaTrader 5 Application has been the primary platform of choice for exchanges since 2015, with this development highly being sought after by thousands worldwide.
The Senior Management Team at ATFX stated: “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.”