London headquartered financial technology company Gold-i has announced a major new addition to its portfolio of products related to MetaTrader 5 tech. The company is launching a multiple accounts manager for the trading platform.
Last year the software developer behind the most popular set of trading platforms for the retail forex and CFDs market, MetaQuotes initiated a push to phase out the legacy MetaTrader 4 platform that was launched in 2005.
Gold-i’s new product MAM Pro for MT5 builds on the success of the popular Gold-i MAM Pro for MT4, which has been touted as one of the most advanced solutions on the market. The company is also working on expanding another list of products that it has for MT4 to accommodate the rising needs of brokers and their clients that are using MetaTrader 5.
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Commenting on the launch, the CEO of Gold-i, Tom Higgins, explains: “We believe that the availability of our MAM Pro for MT5 will be a real catalyst for the uptake of MetaTrader 5. A MAM is an essential product for all brokers who work with IBs as they need an easy way to manage multiple sub-accounts. Brokers seeking to grow their business in Asia, for example, can’t operate effectively without a reliable MAM due to the large number of IBs in the region.”
“As of this month, brokers wanting to upgrade to MT5 can now use our MT5 Gateway and our MAM Pro for MT5. We are also investing heavily in migrating other products in our portfolio to MT5, including our powerful risk management and business intelligence tool, Gold-i Visual Edge,” Higgins elaborated.
The Gold-i MAM Pro for MT5 has been adapted for MetaTrader 5’s hedging mode and is delivering the same allocation and exclusion rules as MAM Pro for MT4. Brokers are charged a flat rate monthly license fee.