Broker technology provider Leverate is jumping on the growing MetaTrader 5 bandwagon after signing a new cooperation agreement with MetaQuotes. The tech companies have worked together to bring the latest version of the trading platform to institutional and white label clients of Leverate.
Metaquotes has been actively pushing the fifth generation of its MetaTrader product since last year. The company stopped non-critical updates of MetaTrader 4 and enabled hedging in MT5, therefore eliminating a key obstacle for the popularisation of the platform.
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The take up of MT5 has been material in recent quarters with many leading brokerages adopting the solution. The versatility of the product and its multi-asset trading focus are the key advantages for brokers making the switch.
Leverate is aiming to deliver to its clients the versatility of the newest MetaQuotes offering. With the addition of MetaTrader 5, brokers will be able to provide a truly multi-asset solution. MetaTrader 4 allows for only 1024 assets in total, a limitation that has been removed in MT5.
Modern traders are rapidly demanding more assets for trading. With the popularization of CFDs on indices, commodities, stocks, and cryptocurrencies, the versatility of MetaTrader 5 is rapidly gaining popularity with clients, brokers and technology providers.