Will You Buy Trading Magazines on Your MetaTrader Platform?
- Expanding its offering of third-party offerings being made available on MetaTrader, MetaQuotes has announced the addition of trading magazines being sold via its MetaTrader Market that will be available on MT5.
Expanding its offering of third-party offerings being made available on MetaTrader, MetaQuotes has announced the addition of trading magazines being sold via its MetaTrader Market. The addition of magazines comes as the marketplace already provides access to EAs, indicators and books.
Mentioned in their post about the news, MetaQuotes commented that, “We have repeatedly stated that we want to turn MetaTrader Market into a unique Hub Hub A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method containing all necessary tools for successful trading. The launch of the magazine section is yet another step in that direction.” This direction has been very clear, as most recently with the Build 600 update on MT4, they opened their marketplace up on MetaTrader 4 for direct purchases of EAs and indicators without needing to leave the platform. Although only available on MT5, as per past policies of first launching new products on MT5, it can be expected that Magazines will soon be available on MT4.
In the bigger scheme of things, selling magazines isn’t expected to be an important driver of sales revenues for MetaQuotes. However, it does illustrate their plans to be a hub of selling digital content, with perhaps education videos coming next. In this regard, the question comes at what point does it become ‘too much’ and the MetaTrader Marketplace appearing like bloatware that is commonly included on new computers and smartphones? In terms of brokers and technology providers supporting MT4/5 that 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 Magnates has spoken to, their concerns have focused on the unease of often knowing what is coming next from MetaQuotes and how it may affect their control of the platform.
Expanding its offering of third-party offerings being made available on MetaTrader, MetaQuotes has announced the addition of trading magazines being sold via its MetaTrader Market. The addition of magazines comes as the marketplace already provides access to EAs, indicators and books.
Mentioned in their post about the news, MetaQuotes commented that, “We have repeatedly stated that we want to turn MetaTrader Market into a unique Hub Hub A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method containing all necessary tools for successful trading. The launch of the magazine section is yet another step in that direction.” This direction has been very clear, as most recently with the Build 600 update on MT4, they opened their marketplace up on MetaTrader 4 for direct purchases of EAs and indicators without needing to leave the platform. Although only available on MT5, as per past policies of first launching new products on MT5, it can be expected that Magazines will soon be available on MT4.
In the bigger scheme of things, selling magazines isn’t expected to be an important driver of sales revenues for MetaQuotes. However, it does illustrate their plans to be a hub of selling digital content, with perhaps education videos coming next. In this regard, the question comes at what point does it become ‘too much’ and the MetaTrader Marketplace appearing like bloatware that is commonly included on new computers and smartphones? In terms of brokers and technology providers supporting MT4/5 that 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 Magnates has spoken to, their concerns have focused on the unease of often knowing what is coming next from MetaQuotes and how it may affect their control of the platform.