MetaQuotes, the company responsible for creating the MetaTrader 4 and 5 platforms, announced this Wednesday that another trading provider has adopted the latest version of the platform – Trade Holding Ltd (VIPTRADE).
VIPTRADE is a trading provider based in Georgia and regulated by the National Bank of Georgia. The company offers access to trading currency pairs, precious metals, indexes, and oil. The firm has been providing brokerage services since 2015, according to the statement.
Now, the trading firm provides trading through the latest version of MetaQuotes’ flagship electronic foreign exchange (forex) trading platform. VIPTRADE’s MetaTrader 5 is available on mobile, desktop, and web platforms.
The features of VIPTRADE’s MT5 platform include a minimum deal volume of 0,01 lot, trading experts, robots, and indicators which have been developed in-house by the trading firm, one-click support, and more.
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Commenting on the announcement, Chachi Darseni, CEO and founder of Trade Holding Ltd said: “From our extensive experience working in the market, we have figured out that traders either try to simplify trading experience with different trading experts, indicators and strategies or they try to dive as deep as possible by improving knowledge and gaining experience.
“MetaTrader 5 is the only platform which offers solutions for every type of trading and opens opportunities for VIPTRADE to provide additional services for clients”.
More brokers continue to adopt MetaTrader 5
VIPTRADE is the latest broker to adopt the MetaTrader 5 platform. As Finance Magnates reported, earlier this month, Australian broker AETOS began offering the platform to its clients, as did Chilean broker MercadosG in September.
MetaTrader 4 and MetaTrader 5 were developed by MetaQuotes and have become an industry standard for forex trading. Although MetaTrader 4 remains as the dominant trading platform between the two versions, brokers are increasingly adopting the MT5 platform, which expands demand for the offering and enhances the platform’s features.
As Finance Magnates reported, FIBO Group, a retail forex broker, recently launched online and mobile applications for MetaTrader 5. The trading instruments available on the web and mobile applications include FX pairs and precious metal contracts.