This month, the partnership agreement between MetaQuotes Software Corp. and the global news publisher International Business Times (IBTimes) has come into force. The companies have agreed on the integration of the IBTimes news feed into MetaTrader 4 and MetaTrader 5 platforms.
Indeed, FxWire Pro by IBTimes is a fast-growing professional grade real-time Forex Newsfeed service providing forex traders with a comprehensive overview and insight of the global currency markets in real time.
“Together with our partners, we want to offer more comprehensive services to our clients. Now, purchasing the MetaTrader platform, they also receive the IB Times news feeder and can immediately start broadcasting financial news to their traders“, – said Renat Fatkhullin, CEO of MetaQuotes Software Corp. Thus the agreement eliminates one of the problems brokers meet when starting a new business, and facilitates the launch of the new platform.
The partnership also has benefits for IB Times. The new agreement with MetaQuotes Software provides the company with access to the market of MetaTrader platforms.
Dev Pragad, Global Operations Director of IB Times, said, “We are happy to be entering into this partnership agreement. Now brokers have an easy and convenient way to subscribe to our newsletters, and we can efficiently broadcast our information to thousands of traders all over the world. As for traders, the IBTimes FX newswire service was designed with the retail traders in mind. We aim to eliminate the “noise” by writing only the more important and relevant news for the retail forex trader. Moreover, our news is short and concise, succinct in nature. Long phrases are replaced by short bullet points. Long articles are replaced by well structured articles broken down into bullet points with categories such as “News, Background, Analysis and Quotes”. This allows traders to grasp the core message of the news in the shortest possible time. We believe that traders are facing an information overload and our newswire stands out in this aspect among all other competitors. IBTimes is the only established media organisation to provide highly effective newswire service to keep forex traders informed about market moving events and news in the most efficient and easy to read format. Moreover, we cover all economic indicators and market moving events in real time with over 600 news items a day.”
The service is built on IBTimes’ global backbone network of journalists from 13 countries. Expert Forex analysts and journalists convey the key Currency market moving news and events in the shortest and most succinct format possible. FxWire Pro is the only professional Forex Newsfeed service to remove all the unnecessary “information noise” and deliver precise, high quality, currency market related news in a truly trader friendly format.
Now, let me tell you, I had the opportunity to check this out for myself before it’s rolled out across MT4 brokers, via a private login they provided me with. I liked it, immediately. It’s very clear, very concise, to the point, and for those of you who are really into your fundamentals, this will be of great benefit, no doubt. Forex traders often face information overload and do not have time to crawl through paragraphs of text and find the relevant information needed to place winning trades. FxWire Pro was conceived with the forex trader in mind. All in all, excellent stuff.