Breaking: FxPro to Launch an MT5 Platform Offering from Metaquotes

An FxPro spokesperson has just shared with Forex Magnates' reporters that the company was adding a new platform offering for its clients. The FCA and CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision Read this Term regulated broker will be adding MT5 to its list of platform solutions.

The company, which was one of the few true ECNs to forgive their clients’ negative account balances, stated that it was responding to the wishes of FxPro traders. The company has been in the final stage of integrating its platform into the broker’s trading infrastructure.

Unlike MT4, MT5 has been designed with the needs of Straight Through Processing (STP) brokers in mind.

The main differences in the user interface for the main clients are an additional array of timeframes, more technical indicators and graphical tools, as well as trading from tick charts.

The MT5 platform also provides true market depth information.

FxPro's CEO, Charalambos Psimolophitis, commented on the announcement, “We always listen to the requests of our clients, which is why we have decided to launch FxPro MT5, which will undoubtedly become a great new addition to our existing fleet of platforms, especially when coupled with our professional trading conditions and Negative Balance Negative Balance In its most basic form, a negative balance represents an account balance in which debits exceed credits. A negative balance indicates that the account holder owes money. A negative balance on a loan indicates that the loan has not been repaid in full, while a negative bank balance indicates that the account holder has overspent.In the retail brokerage space, this phenomenon occurs when a position’s losses in an account exceeds the available margin on hand from a given trader. When a trader place In its most basic form, a negative balance represents an account balance in which debits exceed credits. A negative balance indicates that the account holder owes money. A negative balance on a loan indicates that the loan has not been repaid in full, while a negative bank balance indicates that the account holder has overspent.In the retail brokerage space, this phenomenon occurs when a position’s losses in an account exceeds the available margin on hand from a given trader. When a trader place Read this Term protection policy.”

The company expects to launch the new MT5 platform offering in the coming weeks.