Traders can now use MetaTrader 5 (MT5), the professional and advanced trading platform, to trade shares and cryptocurrency contracts for difference (CFD) on Radex Markets.
Radex, which was launched last year by Go Markets International, announced the addition of MT5 to its platform offerings on Tuesday.
In a statement shared with Finance Magnates, Radex said its customers can now trade over 100 US and Australian shares and CFD products as well as over twenty of the most popular crypto CFDs using MT5.
Additionally, the advanced platform is available for use on both desktop and mobile devices.
The development comes four months after Radex entered into a partnership with Trading Central to enrich the overall user experience of its clients and traders.
Henry Huang, the Marketing and Business Development Director of Radex Markets told Finance Magnates via email that “the new trading products and platform addition has taken Radex to the next level.”
Huang added that the development will enable their users to access more products and enhance their trading experiences.
“Shares listed on NASDAQ, the New York Stock Exchange and the Australian Securities Exchange are now available in CFD form, making long or short shares possible for users.
“On top of that, the world's most popular cryptocurrencies including Bitcoin, Ethereum and Ripple are tradable on the Radex Markets platforms,” Huang explained.
More on MT5
MT5 as a multi-asset platform allows market participants to trade forex, stocks and futures.
MT5 states on its website that its platform offers superior tools for comprehensive price analysis, use of algorithmic trading applications (trading robots, expert advisor) and copy trading.
"MetaTrader 5 delivers a powerful trading system with the Market Depth and a system of separate accounting of orders and trades. It supports both order accounting systems: the traditional netting system and the hedging option system," the platform also wrote on its website.
On its platform's capabilities, MT5 wrote: "Four order execution modes are available to meet various trading objectives: Instant, Request, Market and Exchange execution. The platform supports all types of trade orders, including market, pending and stop orders, as well as trailing stops.
"With such a diversity of order types and available execution modes, traders can use any trading strategy for successful work on the financial markets."
