FXCM announces the launch of its own MT4 platform
- FXCM and Boston Technologies parted ways some time ago after a lengthy and what seems an intense relationship. Reading between the lines of FXCM and BT's releases it seems the relationship didn't end well.
FXCM and Boston Technologies parted ways some time ago after a lengthy and what seems an intense relationship. Reading between the lines of FXCM and BT's releases it seems the relationship didn't end well. Note how FXCM aggressively markets its new MT4 offering as 'better' and 'faster' and uses language like 'eliminated 3rd party bridge software'. Too bad such relationships go sour as it doesn't really benefit either of the parties.
FXCM Launches Improved and Faster MetaTrader 4 Offering
New York, January 24, 2012—FXCM Inc. (NYSE: FXCM) has kicked off the new year by launching a new, improved, and faster version of their MetaTrader 4 (MT4) MetaTrader 4 (MT4) MetaTrader 4 (MT4) functions as a comprehensive platform for trading foreign exchange (FX), analyzing financial markets, and using expert advisors. Despite the emergence and adoption of the newer MT5 variant, MT4 has remained the dominant and de-facto platform utilized by brokers since its release by MetaQuotes Software since 2005.MT4 is widely used in the online retail foreign exchange space by traders. The software is licensed to FXbrokers who provide the software to their clients and consists MetaTrader 4 (MT4) functions as a comprehensive platform for trading foreign exchange (FX), analyzing financial markets, and using expert advisors. Despite the emergence and adoption of the newer MT5 variant, MT4 has remained the dominant and de-facto platform utilized by brokers since its release by MetaQuotes Software since 2005.MT4 is widely used in the online retail foreign exchange space by traders. The software is licensed to FXbrokers who provide the software to their clients and consists Read this Term) platform offering. MT4 is one of the most popular platforms used by many brokers around the world, especially in Europe, Australia, and Asia. FXCM saw the demand for this platform early on and has added it to its suite of platform offerings.
With FXCM’s newest MT4 offering, it has taken the next step to providing, what it believes to be, the best MT4 trading experience in the marketplace. FXCM has added new trading features like micro lots (0.01 trade sizes), max deviation, and the ability for MT4 traders to use FXCM’s mobile products so MT4 traders can trade anytime and anywhere*.
“FXCM is most excited about the seamless integration of the MT4 platform with its No Dealing Desk 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 execution,” said Drew Niv, CEO of FXCM. “This is our fastest, most improved version of MetaTrader 4 yet. MT4 is one of the most popular forex trading platforms on the planet. And when you pair it with FXCM’s acclaimed No Dealing Desk forex execution, we believe that you have one of the best trading experiences available.”
FXCM eliminated 3rd party bridge software, which, in turn, eliminated auto syncs and sped up order submission and execution. Traders who are currently using this platform with other brokers will see a big difference when trading on the new FXCM MT4. Due to MT4’s seamless integration, traders will not only feel a faster trading experience, but will continue to experience no trading restrictions**, and all types of traders and expert advisors will be welcomed.
Since FXCM strives to be the number one destination for the MT4 community, over the next few months FXCM plans to add more resources and tools specifically for MT4 traders.
NEW FEATURES
- Create stop-loss and take-profit orders while creating market and entry orders.
- Choose to close a trade entirely, or scale out by closing a portion of it.
- Trade in micro lots (0.01 trade sizes).
- Control potential slippage with max deviation.
- Trade new currency pairs, such as: USD/ZAR, USD/SGD, USD/HKD, SGD/JPY, USD/TRY, EUR/TRY, USD/RUB, EUR/HUF, USD/HUF.
WHY MT4 WITH FXCM?
- Use any EA, even scalping EAs
- Free Virtual Private Server (VPS) access for qualified accounts†.
- Unlimited access to DailyFX PLUS: forex trading signals, educational courses, and more.
- 24-hour phone, chat, and e-mail support for MetaTrader 4 account holders.
FXCM and Boston Technologies parted ways some time ago after a lengthy and what seems an intense relationship. Reading between the lines of FXCM and BT's releases it seems the relationship didn't end well. Note how FXCM aggressively markets its new MT4 offering as 'better' and 'faster' and uses language like 'eliminated 3rd party bridge software'. Too bad such relationships go sour as it doesn't really benefit either of the parties.
FXCM Launches Improved and Faster MetaTrader 4 Offering
New York, January 24, 2012—FXCM Inc. (NYSE: FXCM) has kicked off the new year by launching a new, improved, and faster version of their MetaTrader 4 (MT4) MetaTrader 4 (MT4) MetaTrader 4 (MT4) functions as a comprehensive platform for trading foreign exchange (FX), analyzing financial markets, and using expert advisors. Despite the emergence and adoption of the newer MT5 variant, MT4 has remained the dominant and de-facto platform utilized by brokers since its release by MetaQuotes Software since 2005.MT4 is widely used in the online retail foreign exchange space by traders. The software is licensed to FXbrokers who provide the software to their clients and consists MetaTrader 4 (MT4) functions as a comprehensive platform for trading foreign exchange (FX), analyzing financial markets, and using expert advisors. Despite the emergence and adoption of the newer MT5 variant, MT4 has remained the dominant and de-facto platform utilized by brokers since its release by MetaQuotes Software since 2005.MT4 is widely used in the online retail foreign exchange space by traders. The software is licensed to FXbrokers who provide the software to their clients and consists Read this Term) platform offering. MT4 is one of the most popular platforms used by many brokers around the world, especially in Europe, Australia, and Asia. FXCM saw the demand for this platform early on and has added it to its suite of platform offerings.
With FXCM’s newest MT4 offering, it has taken the next step to providing, what it believes to be, the best MT4 trading experience in the marketplace. FXCM has added new trading features like micro lots (0.01 trade sizes), max deviation, and the ability for MT4 traders to use FXCM’s mobile products so MT4 traders can trade anytime and anywhere*.
“FXCM is most excited about the seamless integration of the MT4 platform with its No Dealing Desk 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 execution,” said Drew Niv, CEO of FXCM. “This is our fastest, most improved version of MetaTrader 4 yet. MT4 is one of the most popular forex trading platforms on the planet. And when you pair it with FXCM’s acclaimed No Dealing Desk forex execution, we believe that you have one of the best trading experiences available.”
FXCM eliminated 3rd party bridge software, which, in turn, eliminated auto syncs and sped up order submission and execution. Traders who are currently using this platform with other brokers will see a big difference when trading on the new FXCM MT4. Due to MT4’s seamless integration, traders will not only feel a faster trading experience, but will continue to experience no trading restrictions**, and all types of traders and expert advisors will be welcomed.
Since FXCM strives to be the number one destination for the MT4 community, over the next few months FXCM plans to add more resources and tools specifically for MT4 traders.
NEW FEATURES
- Create stop-loss and take-profit orders while creating market and entry orders.
- Choose to close a trade entirely, or scale out by closing a portion of it.
- Trade in micro lots (0.01 trade sizes).
- Control potential slippage with max deviation.
- Trade new currency pairs, such as: USD/ZAR, USD/SGD, USD/HKD, SGD/JPY, USD/TRY, EUR/TRY, USD/RUB, EUR/HUF, USD/HUF.
WHY MT4 WITH FXCM?
- Use any EA, even scalping EAs
- Free Virtual Private Server (VPS) access for qualified accounts†.
- Unlimited access to DailyFX PLUS: forex trading signals, educational courses, and more.
- 24-hour phone, chat, and e-mail support for MetaTrader 4 account holders.