OctaFX Joins the Metatrader 4 Webtrader Crowd

Another day passes by with another broker announcing that it is committing to deliver the Webtrader solution from MetaQuotes. The Metatrader 4 Webtrader is quickly becoming a benchmark in the offering of brokers that are already providing the desktop and mobile versions of the platform.

MetaQuotes has taken its time in delivering a solution that caters to the growing needs of foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term traders, but the result has been a solid solution that quickly gathered speed. With a variety of technology providers offering alternatives in the run-up to the delivery by the creators of MetaTrader some shortcomings have been apparent.

With the announcement, OctaFX joins companies like Admiral Markets, DMMFX Australia, ICMarkets, One Financial Markets and others. Companies that offer primarily a MetaTrader 4 based solution have rapidly realized that the additional benefits that their clients are enjoying outweigh the costs of offering the native solution from MetaQuotes.

The solution solves some issues that traders have when attempting to access their accounts from multiple operating systems. That said, most of the fans of MetaTrader 4 will not be fully satisfied - while the platform offers a wide array of features found on the desktop version of MT4, it is still missing support for expert advisors, which is an essential feature in the MetaTrader universe.

By choosing to not initially support expert advisors, MetaQuotes sticks to the concept that the MetaTrader mobile and webtrader solutions are merely complementary to the desktop version of the Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term.