With regulated brands in Belize and Cyprus, online broker Axiory Global has announced that it has set up a new MetaTrader server at Equinix’s London LD4 center, according to an email sent to clients that had been viewed by Finance Magnates.
The company has slated new trading features to be available as the server goes live this Sunday, and reverted its pre-brexit margin requirements to normal, as highlighted in the update to clients and described below.
The new server is cross-connected with the firm’s main liquidity pool collocated in the Equinix datacenter, and was described as helping to keep latency low – in the tens of milliseconds -for clients, as described in the update. The news follows just weeks after Axiory had added cTrader to its MT4 offering, as reported by Finance Magnates in May.
ACY Securities Supports ASIC’s Product Intervention OrderGo to article >>
July 3rd Server Update
Axiory explained that as part of the change, the IP address of the trading server will change on Sunday July 3rd, 2016, requiring clients to manually enter a new IP address when accessing their MT4 accounts. Otherwise, client’s can download the most recent version of the MT4 installation package which contains the new server – AxioryAsia-04Live – under the dropdown list of servers.
Furthermore, Axiory Global announced that on July 3rd, when the new server is will be live, the firm has introduced the ability for micro lots (increments of 1000 units displayed as 0.01 of a standard 100k unit lot) to be traded on all metals and CFD instruments, including on XAU/USD, S&P500 and DAX30, as an example.
Last but not least, as noted above, Axiory Gloabl noted in the udpate to client that it has reverted margin requirements to normal today, following changes it had made last week due to the UK Referendum, and that original leverage levels now apply again for all trading instruments.