TradersWithEdge, a proprietary trading firm, has announced the return of the MetaTrader 5 (MT5) MetaTrader 5 (MT5) MetaTrader5 (MT5) is an all-in-one trading platform that enables the trading of forex, futures, and stocks. As a whole, MetaTrader5 is widely considered as one of the best applications for trading due to its capability of supporting algorithmic trading applications, such as Expert Advisors, Trading Robots, and Copy Trading. Functioning as a multi-asset platform, MetaTrader supports hedge trading which is widely employed by investors trading the foreign exchange market. MT5 supports market, trail MetaTrader5 (MT5) is an all-in-one trading platform that enables the trading of forex, futures, and stocks. As a whole, MetaTrader5 is widely considered as one of the best applications for trading due to its capability of supporting algorithmic trading applications, such as Expert Advisors, Trading Robots, and Copy Trading. Functioning as a multi-asset platform, MetaTrader supports hedge trading which is widely employed by investors trading the foreign exchange market. MT5 supports market, trail Read this Term platform to its lineup of trading tools. The firm made this announcement through a social media post on X, stating: “MetaTrader 5 is Back at TradersWithEdge.”

TradersWithEdge Launches MT5

MT5, known for its advanced features and user-friendly interface, is a popular 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. It offers a range of tools including comprehensive charting options, automated trading functions, and extensive market analysis capabilities.

The reintroduction of MT5 is expected to improve the trading experience for users of TradersWithEdge, catering to both beginners and experienced traders.

🚀 Metatrader 5 is Back at Traders With Edge! Get a 2-for-1 deal: Buy one challenge account and get another free! Offer valid on $25K-$100K accounts for both 1 and 2 Phase challenges. Limited time only! Use code MT5ISBACK or click here: https://t.co/22ViLGEMkI 🎉 pic.twitter.com/JXeIX7lGIr

— Traders With Edge - Get Funded (@traderswithedge) September 16, 2024

In addition to the platform's return, TradersWithEdge is offering a limited-time promotion. The firm is providing a 2-for-1 deal on challenge accounts for both 1 and 2 Phase challenges.

Meanwhile, FXIFY, a proprietary trading firm that provides capital to skilled traders, is undergoing regulatory changes from MetaQuotes, the company behind the MetaTrader platform. MetaQuotes has instructed FXIFY to stop offering MetaTrader services to traders in the United States.

Consequently, FXIFY will transition its US-based traders from MetaTrader to the DX platform.

ASIC Eyes Prop Trading

Finance Magnates recently reported that Rhys Bollen from the Australian Securities & Investments Commission (ASIC) confirmed the regulator is closely watching the rise of “prop trading” firms and their involvement in CFD trading.

ASIC plans to focus on emerging distribution channels for CFDs, including prop trading services, in 2024/25. This follows recent comments from other regulators, such as CySEC and ESMA, indicating increased scrutiny of prop trading. ASIC’s attention highlights a growing regulatory interest in the industry, though ASIC covers other areas as well.