MetaQuotes CEO Calls On MT4 Traders to Switch to MT5

MetaQuotes Software Corp. today released a new version of its MetaTrader 5 platform, now offering an hedging option as we reported in March. The firm's head used the opportunity to call upon the many users of its MT4 platform to make the switch.

The new world of online trading, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.

"Why use two platforms, when you can access all the required functionality in one of them?" said Renat Fatkhullin, CEO of MetaQuotes Software Corp. "MetaTrader 5 is not just a multi-asset platform, now it offers specific features for different financial markets. The netting trading system is available for Exchange traders, while Forex traders can use the familiar hedging mode."

The introduction of the hedging option came after years of popular demand from traders and the firm expects that it will encourage many more MT4 brokers adopt MetaTrader 5.

The new MT5 platform version (build 1325) also features a more convenient user guide with less text but more illustrations, explanatory diagrams, interactive images, and videos. It additionally allows for testing trading robots and technical indicators using real tick history, increasing the accuracy of reports on Expert Advisor (EA) testing and optimization. Another innovation in MT5 is the built-in chat, which allows discussing financial news and trading strategies with other traders straight from the platform.