DGCX, the rapidly growing commodities based in Dubai, today became the 4th exchange to certify Metatrader 5. Prior to that the Singapore Mercantile Exchange (SMX), Mauritian Exchange (GBOT) and the Russian Stock Exchange (RTS) certified the Metaquotes flagship platform. This certification allows brokers to offer access to these exchanges through the Metatrader 5 platform. Once this happens the usage of the platform should pick up.
Alpari was the first major broker to go live earlier this month with Metatrader 5 and Metaquotes recently completed integration with CitiFX Pro, Currenex and HotSpot to name a few.
MetaTrader 5 Platform Becomes Independent Software on DGCX
Dubai, April 12, 2012: The Dubai Gold and Commodities Exchange (DGCX) today announced that the MetaTrader 5 Platform, one of the world's most widely used platforms for trading in financial markets, has been granted Independent Software (IS) on the Exchange.
The IS of MetaTrader 5 will allow Members of DGCX to use the Platform through a special gateway to provide services to their trading clients. DGCX is one of three new international exchanges for which MetaTrader 5 Platform has introduced support this year.
Ahmed Bin Sulayem, Chairman of DGCX said: "The MetaTrader 5 Platform will add significant new value to the pool of technology expertise available in DGCX. Our partnership with MetaTrader 5 reflects our commitment to offer our Members access to the world's leading trading technology solutions."
Gaies Chreis, COO of MetaQuotes Software Corp., which has developed the platform said: "We have successfully created a high-quality Trading Platform that meets all the requirements of DGCX and we will continue our efforts to offer even more opportunities in our platform to Members of the Exchange. MetaTrader 5's wide range of tools for technical analysis and powerful trading functionality will provide exceptional support to the trading needs of DGCX Members."
MetaTrader 5 provides a wide range of solutions that support efficient trading on financial markets. Some of its key features include a powerful and flexible back-office, modern front-end with advanced trading system, technical and fundamental analysis, and mobile trading. MetaTrader 5 provides the necessary tools to analyse price dynamics and use automated trading programs. The Platform enables traders to work not only with the Forex market, but also trade Options, Futures and Stock Markets.
