JRG International Brokerage Offers Trading on DGCX via MetaTrader 5

Traders will gain access to all instruments available at the DGCX via the ‎MT5 platform‎.

JRG International Brokerage DMCC, an international commodity derivatives ‎brokerage operating out of the United Arab Emirates (UAE), has expanded ‎its offering through incorporating MetaTrader 5 (MT5) ‎trading platform into its live trading infrastructure.‎

Now, JRG customers can trade the financial instruments available at the ‎Dubai Gold and Commodities Exchange (DGCX), the first derivatives exchange in the Middle ‎East and North Africa region, enjoying all the advantages of the universal ‎platform‏.‏

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Traders will gain access to all instruments available at the DGCX via the MT5 platform, which ‎is the successor of the hugely popular MetaTrader 4 (MT4), developed by ‎MetaQuotes Software.‎ MetaTrader 5 offers retail traders many ‎features that were previously only available on institutional level platforms.‎

While this feature-rich online trading platform has been around for a while, brokers ‎have been slow to begin offering it. However, the growing list of brokers ‎launching MT5 recently has helped resolve the chicken and egg dilemma, where ‎there were no brokers offering it because traders are not familiar with, while on the ‎other hand traders are not demanding it because nobody was yet offering it.‎

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Further implementation of MT5 in Dubai

Earlier in January, MetaQuotes has abandoned MT4, stating that it will no longer ‎sell the legacy terminal as it turns entirely to the MT5 trading platform.‎

The decision of launching MetaTrader 5 by JRG International also ‎signifies the broker’s position in the region ‎through offering the advanced trading technology.‎ ‏‏JRG International is the ‎oldest and largest brokerage company in DGCX and is also a member of the ‎Dubai Pearl Exchange (DPE), Dubai Gold & Jewellery Group, ‎Dubai Commodities Clearing Corporation (DCCC), and DMCC ‎Dubai Gold Receipt System.‎

‎The company is licensed by Emirates Securities and Commodities Authority ‎‎(ESCA) and Dubai Multi Commodities Centre (DMCC).‎

Commenting on the news, Jiguang Yu, CEO of AMA and Director of JRG International, said: “Our efforts are focused upon empowering traders to trade on the Dubai Gold & Commodities Exchange using state-of-the-art technology and trading tools. Our acquisition of JRG and the introduction of the MetaTrader 5 Platform will help us to serve our customers better and also extend our services to multi-asset trading communities around the world.”

Les Male, CEO of DGCX, added: “Further implementation of MetaTrader 5 will enable greater connectivity and speed for both themselves and their clients.”

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