VIPTRADE Becomes Latest Trading Provider to Adopt MetaTrader 5

MetaQuotes, the company responsible for creating the MetaTrader 4 and 5 platforms, announced this Wednesday that another trading provider has adopted the latest version of the platform - Trade Holding Ltd (VIPTRADE).

VIPTRADE is a trading provider based in Georgia and regulated by the National Bank of Georgia. The company offers access to trading currency pairs, precious metals, indexes, and oil. The firm has been providing brokerage services since 2015, according to the statement.

Now, the trading firm provides trading through the latest version of MetaQuotes’ flagship electronic foreign exchange (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) 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. VIPTRADE’s MetaTrader 5 is available on mobile, desktop, and web platforms.

The features of VIPTRADE’s MT5 platform include a minimum deal volume of 0,01 lot, trading experts, robots, and indicators which have been developed in-house by the trading firm, one-click support, and more.

Commenting on the announcement, Chachi Darseni, CEO and founder of Trade Holding Ltd said: "From our extensive experience working in the market, we have figured out that traders either try to simplify trading experience with different trading experts, indicators and strategies or they try to dive as deep as possible by improving knowledge and gaining experience.

“MetaTrader 5 is the only platform which offers solutions for every type of trading and opens opportunities for VIPTRADE to provide additional services for clients".

More brokers continue to adopt MetaTrader 5

VIPTRADE is the latest broker to adopt the MetaTrader 5 platform. As Finance Magnates reported, earlier this month, Australian broker AETOS began offering the platform to its clients, as did Chilean broker MercadosG in September.

MetaTrader 4 and MetaTrader 5 were developed by MetaQuotes and have become an industry standard for forex trading. Although MetaTrader 4 remains as the dominant trading platform between the two versions, brokers are increasingly adopting the MT5 platform, which expands demand for the offering and enhances the platform’s features.

As Finance Magnates reported, FIBO Group, a retail forex broker, recently launched online and mobile applications for MetaTrader 5. The trading instruments available on the web and mobile applications include FX pairs and precious metal contracts.