CFH Clearing Launches MT5 Platform for its Clients

The company joins the growing list of brokers switching to MT5

CFH Clearing, a liquidity provider for small and medium sized institutional clients and an STP broker for high net worth and institutional clients, is implementing a major change to its offering. The company is the latest major firm from the industry to roll out a MetaTrader 5 (MT5) offering to its clients.

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The software development company behind the MetaTrader suite, Metaquotes, has been dominating the retail FX trading space for years with its 4th generation platform. As a large number of FX brokers have started shifting their offering into the multi-asset space, the need for a new trading frontend has pushed the firm to stop updating its legacy platform and move on to focus on the 5th generation of the software.

MetaQuotes started by implementing hedging, a feature that has been in high demand since the launch of the platform. The solution came about in the spring of 2016, when the software developer added the option for brokerages that are willing to enable it.

Commenting on the launch, the CEO of CFH Clearing, Matthew Maloney, said: “Our clients will benefit from the hedging capabilities and advanced trading tools they can access through MetaTrader 5. It is really gaining momentum and I believe that to be a leading, forward-thinking broker in this industry, it is important to offer MetaTrader 5 to clients”.

The usage of MT5 not only helps the broker to provide the latest trading platform to its clients, with all its advancements and new trading tools, but also keeps the door open for breaking into other asset classes such as stocks and numerous CFDs.

The change comes only a couple of months after Mathew Maloney took over as the CEO of CFH Clearing. the development should prove to me a major step for the future development of the company’s product base.

 

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