MetaQuotes Adds FXCM Pro as Institutional Liquidity Provider for MT5

MetaQuotes, the forex 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 provider, today announced that the MetaTrader 5 trading platform has been integrated with FXCM Pro, one of the leading forex and CFD Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term providers.

The news comes after MetaQuotes announced that the gateway to CQG platform went live last month shortly after the release of the gateway to Interactive Brokers, as reported by Finance Magnates.

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Fast and Reliable Trade Execution

As a new provider of institutional liquidity for MT5, brokers, institutional investors and professional traders can now benefit from fast and reliable trade execution on forex and CFD markets.

Renat Fatkhullin, CEO of MetaQuotes Software Corp, said: "We are committed to providing our clients with connectivity to the best global liquidity providers in the forex and stock markets. We continue to expand the possibilities of the mutli-asset MetaTrader 5 platform for institutional investors, and we will release more gateways soon."

The native connectivity gateway developed by MetaQuotes provides reliable data exchange between MT5 and the liquidity provider's software, enabling brokers to connect to FXCM Pro in order to receive market data and execute trade operations on the provider's side.

Better Pricing

The benefits of the direct connectivity to global liquidity providers are that brokers can hedge forex orders through access to the interbank markets while providing better pricing to their traders.

Brandon Mulvihill, MD and Global Head of FXCM Pro, commented: “FXCM Pro is excited to be among the first liquidity providers to complete a custom integration to MetaTrader 5. Once again, MetaQuotes is at the forefront of delivering tools based on client demand, which center around speed and transparency of execution. Our joint integration removes the need for an external gateway, thus cutting latency times and allowing customers access to an FX/CFD liquidity pool that generates on average over $14 billion of volumes and over 550,000 trades, daily.”