ECOMMPAY, a payment service provider, has entered into a strategic agreement with MetaQuotes, the software company behind MetaTrader trading platforms.

With this integration, brokers working with ECOMMPAY can now receive deposits and process withdrawals directly on the MetaTrader 5 platform. This means that traders no longer need to log into their personal accounts on the broker's website to perform these financial operations.

ECOMMPAY Leads the Way as First Provider on MetaTrader 5 Payments

The process reduces the steps required for deposit operations and leads to improved conversion rates. Furthermore, this development is expected to increase the number and volume of deposits, benefiting brokers and traders.

One of the features of this collaboration is the security provided to all transactions. ECOMMPAY and MetaQuotes have ensured that all financial activities conducted through the MetaTrader 5 Payments service are securely encrypted and safe for all users.

Renat Fatkhullin, the CEO of MetaQuotes, expressed his enthusiasm for this innovative solution: "Traders are able to see for themselves that the MetaQuotes solution is faster, more convenient, and safer than those currently available on the market."

He emphasized that ECOMMPAY is the first payment service provider to join the MetaTrader 5 Payments service and noted the potential that this cooperation offers. Additionally, he expressed MetaQuotes' openness to working with other providers in the future.

Expanding Access: MetaTrader 5 Payments Soon on Mobile and Web

ECOMMPAY, known for its payment options and global reach, offers its customers access to over 100 different payment methods supporting more than 100 currencies. The company's services extend across more than 150 countries. With a presence in various industries, including collaboration with several brokers, ECOMMPAY is regulated by the UK Financial Conduct Authority (FCA).

The MetaTrader 5 Payments service is now offered as a free solution to businesses. To begin accepting payments through the MetaTrader 5 platform, a brokerage company needs to establish an agreement with a supported payment service provider, such as ECOMMPAY, and input the necessary authorization data into the platform.

Clients will have the option to fund their accounts directly via the MetaTrader 5 Desktop terminal. The service is expected to expand in the near future, becoming available on mobile terminals for iOS and Android, as well as on web terminals.