GFT soft launches MT4

GFT is the latest broker to succumb to MT4's overwhelming popularity. GFT hasn't officially announced this but it has quietly launched the MT4 platform powered by Boston Technologies, as some of you heard on the Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates Linkedin group almost a month ago. This is a soft launch for now as GFT would like to see the platform gradually roll out and ensure there are no glitches or bugs left. You can't find it on GFT's website yet but you can call GFT and ask for a MT4.

There's not much else to add here beside noting that MT4 is all but controlling most of the forex software market while Boston Technologies bags another large client for its MT4 managed package.

Three months ago only 2 brokers out of the top ten largest forex brokers didn't offer Metatrader 4 - Oanda and Saxo Bank. However in January 2011 Oanda announced that it was rolling out MT4 to its clients. Saxo Bank is therefore the last broker standing - being the last large broker which hasn't added MT4 yet - but I am hearing that this too may change soon as several MT4 Bridge Bridge The bridge or liquidity bridge is an essential component for brokers that are enabling their clients to trade at interbank rates directly via a Prime Broker or a Prime-of-Prime (PoP). While market makers do not require a bridge in order to service their clients, brokers which are sending through orders to a liquidity provider or an electronic execution venue need a bridge to connect their trading platform to the interbank market.Bridges are used extensively in forex trading, specifically for Met The bridge or liquidity bridge is an essential component for brokers that are enabling their clients to trade at interbank rates directly via a Prime Broker or a Prime-of-Prime (PoP). While market makers do not require a bridge in order to service their clients, brokers which are sending through orders to a liquidity provider or an electronic execution venue need a bridge to connect their trading platform to the interbank market.Bridges are used extensively in forex trading, specifically for Met Read this Term providers are competing for Saxo's attention.

I estimate that around 65-70% of all forex brokers offer MT4 (at least as one of their platforms) while Metatrader 4 is responsible for about 50-60% of total retail forex volume (except in Japan).