MT5 approved on Mauritian Exchange

Metaquotes is pleased to see MT5 its latest advancement on the award winning MT4 being certified as an approved Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term.

The Global Board of Trade (GBOT) is Mauritius's first multi asset brokerage venue and the exchange has given MT5 status as 'independent software vendor'.

This follows the news where MT5 was successfully approved by Singapore's Mercantile Exchange.

MT5 is a follow on from MT4, both platforms are designed by technology solutions provider Metaquotes. Metaquotes originates from Kazan in Russia, over the last decade Metaquotes has been the most successful platform provider in the online FX trading industry. The interbank bridge has uplifted Metatrader 4 from a pure retail to a hybrid offering.

GBOT was developed by Indian billionaire Jignesh Shah. Shah was the master-brain behind India's largest commodities exchange and runs Financial Technologies. The billionaire has been involved in the set up of DGCX and Bahrain exchange.

Mauritius became a new regulated hub for 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 Read this Term brokers, brands such as FX Open and Broco have been among the popular few. The Mauritian market gives Metaquotes more recognition amongst the trading community.