FX Trading platforms
its possibilities and configurations.
I
think soon they will officially announce the launch of MetaTrader 5 and will offer it to their clients.
FXTM. The
process of switching over from one platform to another can be difficult and painful, especially on the institutional side. Which kind of support will you offer brokers in this process?
AS. We began to
MT4 and MT5 are two completely different terminals with different trading systems, different databases of quotes and development environments.
trade, their interest increased. Since June 1, the number of
downloads of the client terminals and visits of our websites increased dramatically. The number of published articles about MetaTrader 5 and MQL5 programs also began to increase significantly, even though it is a season of vacations. Based on these data, I would say that traders are showing great interest in the new platform. The platform is also interesting
38 FX TRADER MAGAZINE July - September 2010
for brokers, because we tried to implement their suggestions and needs in the new software. They required this platform for expanding their business and developing their companies. And we’ve implemented such a platform for them. Even before its official release,
we received a few pre-orders, but after July 1, their number increased greatly. Currently, more than ten brokerage firms have purchased the new platform. Now they study
study this question already on the stage of MetaTrader 5 development. We have all the necessary tools for a smooth and painless switching over to the new platform. With these tools, you can
easily convert databases of traders’ accounts and trading operations into MetaTrader 5. So, there are no problems from the technical point of view. To train the staff of brokerage
companies, the platform is equipped with detailed Help files. In addition, we constantly publish articles on different subjects related to setup and operation of MetaTrader 5. Already with these materials, specialists
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