Metatrader 4 is still going strong as the leading platform for retail FX traders, Penson Futures, a member of the Penson Worldwide and clearing member, has expanded its retail FX trading solution with the launch of MetaTrader 4 (MT4).
Penson said MT4 is a multi-currency, multilanguage platform, complete with its fully customizable front end. It also provides technical analysis and automated trading strategies, addressing the needs of the advanced FX traders.
According to Penson, its introducing broker clients can enhance their FX trading with MT4’s user-friendly interface, which offers a variety of features necessary for today’s active trader.
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Penson Futures CEO John Streich said that MT4’s customizability and in-depth analysis simplify the trading process and that made them a natural fit as a partner.
Penson claims that it now supports three FX trading platforms. In addition to MT4, Penson supports
customers using the Strategy Runner platform and the Currenex Viking platform.
Penson Financials is one of the major clearing members in UK and US offering futures. It deals with both institutional and retail clients in offering access to equities, futures, fixed income, FX, Prime Brokerage and Settlement.