MetaQuotes Adds FXCM Pro as Institutional Liquidity Provider for MT5

MetaQuotes, the forex Trading Platform provider, today announced that the MetaTrader 5 trading platform has been integrated with FXCM Pro, one of the leading forex and CFD Liquidity 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.”