Largest brokers acknowledge the explosive growth of MetaTrader 5 popularity
Recently, one of the domestic Russian brokers Solid Financial
Services has launched the MetaTrader 5 trading platform with the hedging
system of position accounting. Following RoboForex, Alpari, FX Choice
and other companies, SFS has become one of the first foreign exchange
market participants to offer traders the ability to perform oppositely
directed deals on a single symbol on real accounts in the fifth
generation platform.
The new accounting system has been added to MetaTrader 5 at the end of April
and has already received positive feedback from market participants.
For example, one of the largest international Forex brokers — Alpari has noted the significant growth
of the number of new accounts. This confirms that currency traders
actively use locking and prefer brokers offering such an opportunity.
The interest in MetaTrader 5 has been sparked among exchanges as
well. In less than a year, the number of brokers offering MetaTrader 5
on DGCX (Dubai Gold Commodities Exchange) has increased from 1 to 10,
while growing from 1 to 5 on PMEX (Pakistan Mercantile Exchange),
including the largest market maker of the exchange — ACM Gold. A number
of major international and national stock brokers are preparing to
launch the platform in the near future, while the rest are planning its
implementation.
Such an excitement among Forex and exchange brokers is quite natural
since MetaTrader 5 features the complete set of tools for trading in all
financial markets. Powerful trading system, versatile technical and
fundamental analysis, algorithmic and social trading, as well as other
advantages of the popular platform have attracted traders from the very
beginning. The recent advent of the hedging system and the web version allowing traders to work via any browser have dramatically accelerated the process of switching to MetaTrader 5.
Boris Shilov, Chief Executive Officer of Alpari
"Alpari has decided to rely on MetaTrader 5 and turned out to be
right" — says Boris Shilov, Chief Executive Officer of Alpari. "In May
2016, MetaQuotes has released the long-awaited MetaTrader 5 platform
version with bidirectional trading. This feature is familiar to most
traders and maximizes the number of available strategies. Alpari has
been the first one to offer the platform version on the market. Our
clients are satisfied with the high speed of order execution, while we
are satisfied with the increasing number of newly opened accounts. I
believe that MetaTrader 5 is a worthy alternative to highly popular
MetaTrader 4, and I am sure that MetaTrader 5 will become the key
platform for our clients worldwide".
"The ability to open hedge accounts has been much anticipated by
brokers and traders. RoboForex team believes that MetaQuotes has made
the right decision by adding this functionality to their MetaTrader 5
platform. We have no doubts that this step will contribute to the shift
of industry standards from MetaTrader 4 to MetaTrader 5 in the near
future" — states Vitaly Avtaykin, managing director of RoboForex. "This
is already confirmed by our actual experience: we are offering
MetaTrader 5 hedge accounts since May 26, and they already comprise 54%
of the total number of accounts, while their turnover is much higher
compared to netting accounts".
"Successful companies always meet the needs of their clients" —
states Gaies Chreis, COO of MetaQuotes Software Corp. "We are glad that
many brokers were quick to see traders' needs and start offering the
MetaTrader 5 trading platform. In doing so, they demonstrated their
understanding of market trends and desire to provide traders with the
most advanced technology".
