MetaQuotes Software Corp. (MetaQuotes), the trading technology software developer of one of the most widely used forex trading platforms for retail traders, today announced that there are now ten brokers offering trading on Dubai Gold Commodities Exchange (DGCX) via its MetaTrader 5 platform.
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The company which launched the beta-version release of its MT5 web-based version of the platform in May this year, confirmed that Menacorp was the first DGCX member to offer the MetaTrader 5 platform in July 2015 and that in less than a year, the number of brokers has increased to include Arab Global Commodities, AxiTrader ME, LT International and Krishi Gold, some of the major players in the Middle East Region.
Advanced Trading and Analysis Tools
More traders now have the opportunity to trade the financial instruments available at the DGCX utilising all the advantages of the MetaTrader 5 platform. Users can download and launch any of the numerous ready-made trading robots, copy the trading signals of successful traders as well as renting virtual hosting directly on the platform. This allows brokers offering MetaTrader 5 the ability to provide their clients with advanced trading and analysis tools as well as all additional built-in features for efficient trading.
Manoj Choudhary, Head of the MetaQuotes office in Dubai, commented: “MetaTrader 5 is rightfully in high demand among brokerage companies, since this is the most powerful solution for trading on financial markets. Due to its technological superiority, the platform meets the needs of the most demanding traders significantly expanding their opportunities”.