Admiral Markets is taking the necessary steps to enrich its product offerings through the Metatrader 5 trading platform.
As the Estonian brokerage continues to transfer activity to the MT5 terminal, it is imperative to increase the base of assets and products into the platform, in order to accommodate its entire client base. As a result, the company continues to add to its MT5 instrument list, launching 200 CFDs of leading global stocks from the US, UK, and Germany. Moreover, Admiral Markets plans to incorporate the full plethora of CFDs to the MT5 platform, including CFDs on shares, ETFs, commodities and cryptocurrencies.
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The Shift to MT5
Earlier this month, Metaquotes announced that it has stopped the sale of its widely adapted and highly popular Metatrader 4 trading platform. The trading technology and platform provider has long been laying the groundwork for such a move, and justified the decision on the premise that MT4 was highly outdated, and that it was no longer possible to further upgrade the system to meet the needs of traders. As a result, many brokers have already embraced the move to MT5, launching various levels of operations on the upgraded trading platform.
Metaquotes explained its decision to stop selling MT4, as well as to no longer administer new servers for the platform: “The architecture was designed under the limitations of a different time, due to which it is no longer possible to implement new features that should meet nowadays increased requirements of the industry or the brokers and traders demands.”
In an effort to expedite the transfer of brokers and users to the MT5 platform, Metaquotes has created a new MT5 marketplace for brokers and integrators, where technological solutions can be added and integrated, as a means of improving the overall experience for all parties. The move by Metaquotes is focused on encouraging additional brokers to transfer their trading activity to MT5.