MetaQuotes Upgrading MetaTrader 5 Option Features as They Court Multi-Asset Brokers

MetaQuotes has announced a new update, Build 1010, for its MetaTrader 5 platform. While usage of the platform is still well behind that of MetaTrader 4 among Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term and CFD traders, MetaQuotes has been positioning MT5 as attractive alternative in other markets. As part of its efforts to expand beyond the forex market, MetaQuotes has been integrating MT5 to numerous global exchanges such as the CME, ASX and WSE, as well as adding direct futures and options trading capability.

Following on this initiative, Build 1010 includes several new features. The first is additional Trading Signal integration within the MetaTrader 5 platform, allowing users to view performance and other strategy information that until now was only available on the MQL5 site. The Trading Signal update follows a similar set of features being added on MT4 during September.

Perhaps the most important addition is extended features for options trading on the Terminal. Being added are an options board and Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term chart. Using the feature, traders will be able to analyze option prices for multiple strike prices and durations from a single page. According to MetaQuotes, direct trading from the options board will be added in upcoming build updates. As a result, options trading is currently limited to each individual option appearing as a standalone instrument such as forex pairs, CFDs and stocks.

While a tradable options board is standard fare for trading platforms offering options, and on the surface is not the biggest deal, it adds new functionality to MetaTrader 5 and fits MetaQuotes' long-term plans. Having licensed MT5 to several brokers for multi-asset trading including stocks and futures, MetaQuotes appears to be setting its eyes in capturing a piece of the US market.

The broker is known to be in discussions with at least one major multi-asset focused broker in the country, in which futures and options trading would seemingly be a requirement for them. As opposed to the forex industry, the majority of non-forex retail brokers around the world offer proprietary platforms to their clients. Therefore, an industry move among non-forex brokers to adopt white label platforms could create an opportunity for MetaQuotes and other multi-asset technology providers such as PFSoft with their ProTrader system.