The IFXEXPO got the first breaking news event of the day as the announced the coming launch of a 3rd party provider marketplace during their MetaTrader Workshop. The marketplace is mean to provide a solution for providers to partner with the broker
The IFXEXPO got the first breaking news event of the day as the announced the coming launch of a 3rd party provider marketplace during their MetaTrader Workshop. The MetaTrader Workshop was a MetaQuotes sponsored event where they presented information to brokers and prospective clients about their platform offerings. The presentation covered their recent updates during the past year which included the launch of trading signals and their app store.
Third Party Provider Marketplace
The meat of the event which was presented by Andrei Savitski, Head of Global Sales at MetaQuotes Software, was the final section when they addressed the current friction taking place between them and third party providers. Savitski stated that they “appreciate the value that provider bring to MetaTrader”. But, he stressed that the products also can lead to security issues and breakdowns of MetaTrader operating correctly for their clients. To address this problem, MetaQuotes will be launching a Third Party Provider Marketplace. Savitski explained that any third party provider will be able to submit their solution to MetaQuotes to test for quality and performance, as he said “basically, we want to make sure there is compatibility”.
MetaQuotes is expecting a Q4 launch for the new marketplace. In addition, MetaQuotes will be acting as the middleman between providers and brokers with invoicing and Payments being conducted by the technology provider. Savitski added that the marketplace will be accessible through the MetaTrader Admin product.
In the Q&A, Forex Magnates asked what the fate of existing third party providers are and whether they will be forced to participate in the marketplace. Savitski answered that “third party providers can elect to participate, but it is up to them, we won’t force them”. A follow up question was asked in regards to bridge providers such as PrimeXM, Gold-I and oneZero. Savitski answered again that it up to the providers and “nothing will happen to them”. He added that brokers expect quality which he believed MetaQuotes will bring.
Our opinion is that the marketplace makes sense. As written about before, developers would welcome a specific list of guidelines to ensure that their products are compatible and won’t be banned in the future. The marketplace also fits what the firm has been doing on the client side by developing its EA store. Overall, having seen providers profit around their platform, MetaQuotes is moving to grab a larger share through the launch of the marketplace.
The IFXEXPO got the first breaking news event of the day as the announced the coming launch of a 3rd party provider marketplace during their MetaTrader Workshop. The MetaTrader Workshop was a MetaQuotes sponsored event where they presented information to brokers and prospective clients about their platform offerings. The presentation covered their recent updates during the past year which included the launch of trading signals and their app store.
Third Party Provider Marketplace
The meat of the event which was presented by Andrei Savitski, Head of Global Sales at MetaQuotes Software, was the final section when they addressed the current friction taking place between them and third party providers. Savitski stated that they “appreciate the value that provider bring to MetaTrader”. But, he stressed that the products also can lead to security issues and breakdowns of MetaTrader operating correctly for their clients. To address this problem, MetaQuotes will be launching a Third Party Provider Marketplace. Savitski explained that any third party provider will be able to submit their solution to MetaQuotes to test for quality and performance, as he said “basically, we want to make sure there is compatibility”.
MetaQuotes is expecting a Q4 launch for the new marketplace. In addition, MetaQuotes will be acting as the middleman between providers and brokers with invoicing and Payments being conducted by the technology provider. Savitski added that the marketplace will be accessible through the MetaTrader Admin product.
In the Q&A, Forex Magnates asked what the fate of existing third party providers are and whether they will be forced to participate in the marketplace. Savitski answered that “third party providers can elect to participate, but it is up to them, we won’t force them”. A follow up question was asked in regards to bridge providers such as PrimeXM, Gold-I and oneZero. Savitski answered again that it up to the providers and “nothing will happen to them”. He added that brokers expect quality which he believed MetaQuotes will bring.
Our opinion is that the marketplace makes sense. As written about before, developers would welcome a specific list of guidelines to ensure that their products are compatible and won’t be banned in the future. The marketplace also fits what the firm has been doing on the client side by developing its EA store. Overall, having seen providers profit around their platform, MetaQuotes is moving to grab a larger share through the launch of the marketplace.
58% of UK Investors Choose Professional Guidance over 'Finfluencers’
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
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#fmas #fmas24 #fmevents #networking #finance #africa
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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