Brokeree Solutions Launches MT5 Trade Copier for FX Brokers
- Brokeree’s MT5 Trade Copier plugin operates in a similar way to that of its MT4 solution.
Brokeree Solutions, an Estonia-based technology solutions provider for FX brokers, has expanded its portfolio for the MetaTrader 5 trading platform. The company on Wednesday launched a new MT5 Trade Copier solution, which enhances the brokers’ spreading migration to the MetaQuotes’ flagship terminal through additional services.
Brokeree’s MT5 Trade Copier plugin operates in a similar way to that of its MT4 solution and is compatible with most of MetaTrader Bridges and dealing software. It allows brokers to duplicate trades from master accounts to those of followers with applicable parameters, such as margins, volume, prices, etc. The Trade Copier plugin was created to be used internally by MT5 licensed brokers and doesn’t have an external web interface.
The company made available three copying modes to ensure that the selected range of features fit brokers’ workflow. This includes the ‘Volume multiplier’ which adjusts the volume of trades copied to target accounts. The second mode, dubbed ‘Reverse copying,’ changes the direction of the copied order, while the last one places pending orders on the target account instead of direct copying.
MT5 Adoption Grows
Brokeree Solutions has recently offered a pipeline of MetaTrader 5 solutions, ultimately making most of its key products available to MT5 brokers. The long-awaited addition of hedging functionality to the MT5 in 2017 have convinced retail FX industry that eight years after its launch, it might be time to upgrade their trading platform. More brokers are also actively switching to MT5, which expands demand for offering and complementing the platform’s features.
The latest development follows on the heels of several years’ experience in which the company engineered MetaTrader 4 plugins for a wide range of financial service venues. The firm regularly develops new products and expands their portfolio of MetaTrader plugins.
We last reported on Brokeree last month when Playtech’s financial division TradeTech Group has integrated the company’s Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term bridge to enhance its liquidity and Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term offering.
Brokeree Solutions, an Estonia-based technology solutions provider for FX brokers, has expanded its portfolio for the MetaTrader 5 trading platform. The company on Wednesday launched a new MT5 Trade Copier solution, which enhances the brokers’ spreading migration to the MetaQuotes’ flagship terminal through additional services.
Brokeree’s MT5 Trade Copier plugin operates in a similar way to that of its MT4 solution and is compatible with most of MetaTrader Bridges and dealing software. It allows brokers to duplicate trades from master accounts to those of followers with applicable parameters, such as margins, volume, prices, etc. The Trade Copier plugin was created to be used internally by MT5 licensed brokers and doesn’t have an external web interface.
The company made available three copying modes to ensure that the selected range of features fit brokers’ workflow. This includes the ‘Volume multiplier’ which adjusts the volume of trades copied to target accounts. The second mode, dubbed ‘Reverse copying,’ changes the direction of the copied order, while the last one places pending orders on the target account instead of direct copying.
MT5 Adoption Grows
Brokeree Solutions has recently offered a pipeline of MetaTrader 5 solutions, ultimately making most of its key products available to MT5 brokers. The long-awaited addition of hedging functionality to the MT5 in 2017 have convinced retail FX industry that eight years after its launch, it might be time to upgrade their trading platform. More brokers are also actively switching to MT5, which expands demand for offering and complementing the platform’s features.
The latest development follows on the heels of several years’ experience in which the company engineered MetaTrader 4 plugins for a wide range of financial service venues. The firm regularly develops new products and expands their portfolio of MetaTrader plugins.
We last reported on Brokeree last month when Playtech’s financial division TradeTech Group has integrated the company’s Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term bridge to enhance its liquidity and Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term offering.