HotForex Adopts MetaTrader 5 Platform
- The MT5 arrival follows on the launch of HotForex’s proprietary copy trading platform earlier this year.

HotForex, a foreign exchange and CFDs brokerage, has expanded its offering through incorporating the MetaTrader 5 (MT5) MetaTrader 5 (MT5) MetaTrader5 (MT5) is an all-in-one trading platform that enables the trading of forex, futures, and stocks. As a whole, MetaTrader5 is widely considered as one of the best applications for trading due to its capability of supporting algorithmic trading applications, such as Expert Advisors, Trading Robots, and Copy Trading. Functioning as a multi-asset platform, MetaTrader supports hedge trading which is widely employed by investors trading the foreign exchange market. MT5 supports market, trailing stop, stop orders, and pending orders. Additionally, instant, exchange, market, and request are the four trading execution modes supported while a traditional netting system may also be used. The Benefits of MT5What separates MetaTrader5 apart from competing trading platforms would be the vastness of options and capabilities that the solution is capable of providing traders. Over 100 currencies and stock quotes can be analyzed while traders have the option to choose from more than 80 analytical tools and technical indicators. Furthermore, MetaTrader 5 supports several thousand indicators free of charge through their Code Base that can be integrated into the framework of MT5 while traders less adept to handle the rigors of trading can purchase or rent from over 2,500 algorithmic applications to execute autonomous trading programs on their behalf. For traders or programmers who are competent in the programming language, you can create custom trading algorithms and indicators to suit your unique interests. Additionally, traders can also leverage the built-in fundamental analysis tools to predict price fluctuations. Virtual Hosting may be rented to decrease server latency while mobile, web and algorithmic trading are supported. From the built-in Market of Trading Apps, traders can choose from custom-made trading robots or subscribe to a successful trader who renders a signal service. MetaTrader supports 31 languages while the installation takes no more than a few minutes to complete. Additional services may be opted-in while MetaTrader5 is an ideal solution for traders looking to independently trade, subscribe to a signal service provider or implement trading robots. MT5 is free of charge and comes with a $100,000 demo account. MetaTrader5 (MT5) is an all-in-one trading platform that enables the trading of forex, futures, and stocks. As a whole, MetaTrader5 is widely considered as one of the best applications for trading due to its capability of supporting algorithmic trading applications, such as Expert Advisors, Trading Robots, and Copy Trading. Functioning as a multi-asset platform, MetaTrader supports hedge trading which is widely employed by investors trading the foreign exchange market. MT5 supports market, trailing stop, stop orders, and pending orders. Additionally, instant, exchange, market, and request are the four trading execution modes supported while a traditional netting system may also be used. The Benefits of MT5What separates MetaTrader5 apart from competing trading platforms would be the vastness of options and capabilities that the solution is capable of providing traders. Over 100 currencies and stock quotes can be analyzed while traders have the option to choose from more than 80 analytical tools and technical indicators. Furthermore, MetaTrader 5 supports several thousand indicators free of charge through their Code Base that can be integrated into the framework of MT5 while traders less adept to handle the rigors of trading can purchase or rent from over 2,500 algorithmic applications to execute autonomous trading programs on their behalf. For traders or programmers who are competent in the programming language, you can create custom trading algorithms and indicators to suit your unique interests. Additionally, traders can also leverage the built-in fundamental analysis tools to predict price fluctuations. Virtual Hosting may be rented to decrease server latency while mobile, web and algorithmic trading are supported. From the built-in Market of Trading Apps, traders can choose from custom-made trading robots or subscribe to a successful trader who renders a signal service. MetaTrader supports 31 languages while the installation takes no more than a few minutes to complete. Additional services may be opted-in while MetaTrader5 is an ideal solution for traders looking to independently trade, subscribe to a signal service provider or implement trading robots. MT5 is free of charge and comes with a $100,000 demo account. Read this Term) Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools. In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools. Read this Term into its live trading infrastructure. The MT5 arrival follows on the launch of HotForex’s proprietary copy trading platform, dubbed “HFCopy,” to clients globally earlier this year.
According to a statement issued by the company, the MT5 platform will feature a full set of financial instruments, flexible leverage, which will allow traders using the previous platform version to apply their preferred strategies, and hedging capabilities. The platform will be available across multiple platforms such as desktop and mobile.
MetaTrader 5, successor to the popular MT4, offers retail forex traders many features that were previously only available on institutional level platforms.
HotForex is a brand name of HF Markets Group and presently holds licenses under the Financial Sector Conduct Authority (FSCA) in South Africa, Financial Services Commission (FSC) of the Republic of Mauritius, Cyprus Securities and Exchange Commission (CySEC), Seychelles Financial Services Authority (FSA) and is incorporated in St. Vincent & the Grenadine as an International Business Company.
The Rise of MT5 Platforms
More brokers are actively switching to MT5, which expands demand for offering and complementing the platform’s features. As such, technology providers such as Tradologic and Fortex Inc. were keen to satisfy this demand by further pushing the deployment of the platform and its infrastructure, allowing brokers to streamline their operations and empowering them to focus their resources on growth.
Commenting on the news the CEO of HotForex, George Koumandaris, said: "We are aware that every trader is different, and we are always looking to ensure that our clients have the necessary tools to trade according to their preferred style, using the device of their choice.
"Providing the MetaTrader 5 platform is the perfect extra boost that our clients need in order to enjoy even more trading possibilities. We are demonstrating that HotForex will continue offering the best possible trading solutions on the market".
HotForex, a foreign exchange and CFDs brokerage, has expanded its offering through incorporating the MetaTrader 5 (MT5) MetaTrader 5 (MT5) MetaTrader5 (MT5) is an all-in-one trading platform that enables the trading of forex, futures, and stocks. As a whole, MetaTrader5 is widely considered as one of the best applications for trading due to its capability of supporting algorithmic trading applications, such as Expert Advisors, Trading Robots, and Copy Trading. Functioning as a multi-asset platform, MetaTrader supports hedge trading which is widely employed by investors trading the foreign exchange market. MT5 supports market, trailing stop, stop orders, and pending orders. Additionally, instant, exchange, market, and request are the four trading execution modes supported while a traditional netting system may also be used. The Benefits of MT5What separates MetaTrader5 apart from competing trading platforms would be the vastness of options and capabilities that the solution is capable of providing traders. Over 100 currencies and stock quotes can be analyzed while traders have the option to choose from more than 80 analytical tools and technical indicators. Furthermore, MetaTrader 5 supports several thousand indicators free of charge through their Code Base that can be integrated into the framework of MT5 while traders less adept to handle the rigors of trading can purchase or rent from over 2,500 algorithmic applications to execute autonomous trading programs on their behalf. For traders or programmers who are competent in the programming language, you can create custom trading algorithms and indicators to suit your unique interests. Additionally, traders can also leverage the built-in fundamental analysis tools to predict price fluctuations. Virtual Hosting may be rented to decrease server latency while mobile, web and algorithmic trading are supported. From the built-in Market of Trading Apps, traders can choose from custom-made trading robots or subscribe to a successful trader who renders a signal service. MetaTrader supports 31 languages while the installation takes no more than a few minutes to complete. Additional services may be opted-in while MetaTrader5 is an ideal solution for traders looking to independently trade, subscribe to a signal service provider or implement trading robots. MT5 is free of charge and comes with a $100,000 demo account. MetaTrader5 (MT5) is an all-in-one trading platform that enables the trading of forex, futures, and stocks. As a whole, MetaTrader5 is widely considered as one of the best applications for trading due to its capability of supporting algorithmic trading applications, such as Expert Advisors, Trading Robots, and Copy Trading. Functioning as a multi-asset platform, MetaTrader supports hedge trading which is widely employed by investors trading the foreign exchange market. MT5 supports market, trailing stop, stop orders, and pending orders. Additionally, instant, exchange, market, and request are the four trading execution modes supported while a traditional netting system may also be used. The Benefits of MT5What separates MetaTrader5 apart from competing trading platforms would be the vastness of options and capabilities that the solution is capable of providing traders. Over 100 currencies and stock quotes can be analyzed while traders have the option to choose from more than 80 analytical tools and technical indicators. Furthermore, MetaTrader 5 supports several thousand indicators free of charge through their Code Base that can be integrated into the framework of MT5 while traders less adept to handle the rigors of trading can purchase or rent from over 2,500 algorithmic applications to execute autonomous trading programs on their behalf. For traders or programmers who are competent in the programming language, you can create custom trading algorithms and indicators to suit your unique interests. Additionally, traders can also leverage the built-in fundamental analysis tools to predict price fluctuations. Virtual Hosting may be rented to decrease server latency while mobile, web and algorithmic trading are supported. From the built-in Market of Trading Apps, traders can choose from custom-made trading robots or subscribe to a successful trader who renders a signal service. MetaTrader supports 31 languages while the installation takes no more than a few minutes to complete. Additional services may be opted-in while MetaTrader5 is an ideal solution for traders looking to independently trade, subscribe to a signal service provider or implement trading robots. MT5 is free of charge and comes with a $100,000 demo account. Read this Term) Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools. In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real-time updates on quotes, charts and is the main frontend which customers are facing.Brokers either use existing trading platforms and sometimes customize them, or develop their own platform from scratch. Since the beginning of the retail FX trading business MetaQuotes and its platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have been the industry standard, especially when it comes to automated trading.MT4 Shows Resiliency While MT4 has long been seen as ubiquitous amongst brokers’ offerings, a targeted push by MetaQuotes themselves has led to broader adoption of MT5 in recent years. Advanced trading platforms such as MT4 or MT5 also allow access to a wide range of asset classes available for trading.The development of trading platforms over the past decade has failed to successfully dethrone MT4 or MT5, notably in the retail market. However, in institutional markets, brokerage companies and banking entities also construct and utilize proprietary currency trading platforms to help satisfy internal needs with trades executed through institutional trading channels.By far the most important parameter for many retail clients is the optionality and pairs available on trading platforms. Additionally, demand by traders has led to a greater emphasis on newer features such as advanced charting and other tools. Read this Term into its live trading infrastructure. The MT5 arrival follows on the launch of HotForex’s proprietary copy trading platform, dubbed “HFCopy,” to clients globally earlier this year.
According to a statement issued by the company, the MT5 platform will feature a full set of financial instruments, flexible leverage, which will allow traders using the previous platform version to apply their preferred strategies, and hedging capabilities. The platform will be available across multiple platforms such as desktop and mobile.
MetaTrader 5, successor to the popular MT4, offers retail forex traders many features that were previously only available on institutional level platforms.
HotForex is a brand name of HF Markets Group and presently holds licenses under the Financial Sector Conduct Authority (FSCA) in South Africa, Financial Services Commission (FSC) of the Republic of Mauritius, Cyprus Securities and Exchange Commission (CySEC), Seychelles Financial Services Authority (FSA) and is incorporated in St. Vincent & the Grenadine as an International Business Company.
The Rise of MT5 Platforms
More brokers are actively switching to MT5, which expands demand for offering and complementing the platform’s features. As such, technology providers such as Tradologic and Fortex Inc. were keen to satisfy this demand by further pushing the deployment of the platform and its infrastructure, allowing brokers to streamline their operations and empowering them to focus their resources on growth.
Commenting on the news the CEO of HotForex, George Koumandaris, said: "We are aware that every trader is different, and we are always looking to ensure that our clients have the necessary tools to trade according to their preferred style, using the device of their choice.
"Providing the MetaTrader 5 platform is the perfect extra boost that our clients need in order to enjoy even more trading possibilities. We are demonstrating that HotForex will continue offering the best possible trading solutions on the market".