The gradual industry adoption of the MetaTrader 5 (MT5) platform continues to facilitate an emphasis on dedicated tools and solutions. FX trading software provider Forexware has rolled out its latest tool for brokers, helping bridge OTC FX with Exchange Traded Futures and Equities into MT5.
The development represents the latest breakthrough for Forexware, as it has engineered one of its most comprehensive end-to-end solutions to date. More specifically, the new gateway will link up over-the-counter FX and exchange traded futures from upwards of forty exchanges directly into the MT5 platform.
Forexware’s gateway to MT5 will come with a number of inherent advantages, including support for full-fledged market depth – this includes sorting trades by depth directly from top-tier FX liquidity providers. Additionally, the gateway will feature support for FOK and IOC filling types, complementing Forexware’s existing product suite.
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Fred Scala, Global Head of Sales at Forexware, commented: “We are very excited about our gateway to the most advanced trading platform on the market. We’ve seen a lot of interest from our institutional clients that need a multi-asset platform with the full depth of book. With the Gateway to MetaTrader 5, we now have a product that addresses the needs of the institutional community.”
Indeed, the MT5 platform has been one of the big stories of 2017, having seen methodical and widespread penetration across the FX industry. Since MetaQuotes signaled a shifting emphasis towards MT5 last November from MT4, the platform has continued to see additional development, updates, and focus from brokers and other venues.
“This is our most robust tool for brokers looking to develop a high-speed, end-to-end solution. With direct connections to top-tier FX liquidity providers and 40+ Exchanges, our Gateway will allow brokers to increase revenue substantially,” reiterated Mr. Scala.
“The MetaTrader 5 platform and our Gateway complement our full product suite. Our Price Aggregator, Price Engine, and Risk Management tools offer brokers a top-notch solution to manage a successful FX brokerage business.”