Exclusive: MetaQuotes Emphasizing MT5 Development, as MT4 ‘Slowly Dying Out’

MetaQuotes outlined the genesis of its platform development, which is focused on its newer iteration, MetaTrader 5 (MT5) MetaTrader 5 (MT5) MetaTrader5 (MT5) is an all-in-one trading platform that enables the trading of forex, futures, and stocks. As a whole, MetaTrader5 is widely considered as one of the best applications for trading due to its capability of supporting algorithmic trading applications, such as Expert Advisors, Trading Robots, and Copy Trading. Functioning as a multi-asset platform, MetaTrader supports hedge trading which is widely employed by investors trading the foreign exchange market. MT5 supports market, trailing stop, stop orders, and pending orders. Additionally, instant, exchange, market, and request are the four trading execution modes supported while a traditional netting system may also be used. The Benefits of MT5What separates MetaTrader5 apart from competing trading platforms would be the vastness of options and capabilities that the solution is capable of providing traders. Over 100 currencies and stock quotes can be analyzed while traders have the option to choose from more than 80 analytical tools and technical indicators. Furthermore, MetaTrader 5 supports several thousand indicators free of charge through their Code Base that can be integrated into the framework of MT5 while traders less adept to handle the rigors of trading can purchase or rent from over 2,500 algorithmic applications to execute autonomous trading programs on their behalf. For traders or programmers who are competent in the programming language, you can create custom trading algorithms and indicators to suit your unique interests. Additionally, traders can also leverage the built-in fundamental analysis tools to predict price fluctuations. Virtual Hosting may be rented to decrease server latency while mobile, web and algorithmic trading are supported. From the built-in Market of Trading Apps, traders can choose from custom-made trading robots or subscribe to a successful trader who renders a signal service. MetaTrader supports 31 languages while the installation takes no more than a few minutes to complete. Additional services may be opted-in while MetaTrader5 is an ideal solution for traders looking to independently trade, subscribe to a signal service provider or implement trading robots. MT5 is free of charge and comes with a $100,000 demo account. MetaTrader5 (MT5) is an all-in-one trading platform that enables the trading of forex, futures, and stocks. As a whole, MetaTrader5 is widely considered as one of the best applications for trading due to its capability of supporting algorithmic trading applications, such as Expert Advisors, Trading Robots, and Copy Trading. Functioning as a multi-asset platform, MetaTrader supports hedge trading which is widely employed by investors trading the foreign exchange market. MT5 supports market, trailing stop, stop orders, and pending orders. Additionally, instant, exchange, market, and request are the four trading execution modes supported while a traditional netting system may also be used. The Benefits of MT5What separates MetaTrader5 apart from competing trading platforms would be the vastness of options and capabilities that the solution is capable of providing traders. Over 100 currencies and stock quotes can be analyzed while traders have the option to choose from more than 80 analytical tools and technical indicators. Furthermore, MetaTrader 5 supports several thousand indicators free of charge through their Code Base that can be integrated into the framework of MT5 while traders less adept to handle the rigors of trading can purchase or rent from over 2,500 algorithmic applications to execute autonomous trading programs on their behalf. For traders or programmers who are competent in the programming language, you can create custom trading algorithms and indicators to suit your unique interests. Additionally, traders can also leverage the built-in fundamental analysis tools to predict price fluctuations. Virtual Hosting may be rented to decrease server latency while mobile, web and algorithmic trading are supported. From the built-in Market of Trading Apps, traders can choose from custom-made trading robots or subscribe to a successful trader who renders a signal service. MetaTrader supports 31 languages while the installation takes no more than a few minutes to complete. Additional services may be opted-in while MetaTrader5 is an ideal solution for traders looking to independently trade, subscribe to a signal service provider or implement trading robots. MT5 is free of charge and comes with a $100,000 demo account. Read this Term). The group’s past success with its existing product suite led by MT4, is slowly shifting into the company's new prime product. Earlier this year, the company introduced hedging, which has been a game changing functionality for many traders.

The company has been facing a unique struggle, given the traction MetaTrader 4 (MT4) MetaTrader 4 (MT4) MetaTrader 4 (MT4) functions as a comprehensive platform for trading foreign exchange (FX), analyzing financial markets, and using expert advisors. Despite the emergence and adoption of the newer MT5 variant, MT4 has remained the dominant and de-facto platform utilized by brokers since its release by MetaQuotes Software since 2005.MT4 is widely used in the online retail foreign exchange space by traders. The software is licensed to FXbrokers who provide the software to their clients and consists of both a client and server component. The server component is run by the broker and the client software is provided to the broker’s customers, who use it to see live streaming prices and charts, to place orders, and to manage their accounts. Mobile trading, Trading Signals and the Market are the integral parts of MT4 that collectively look to bolster trader’s experiences with the platform. Why MT4 is Still Popular Since its inception, the proliferation of MT4 has been due in large part to its ability for end users to write their own trading scripts and robots that could automate trading. This has been a large draw for brokers, who have made this platform the industry standard for over a decade.Presently, millions of traders use MT4 globally for their trading needs making it one of the most successful platforms of all time. MT4 also appeals to a broad spectrum of traders of all skill levels, adding to its flexibility amongst brokers.The platform leverages advanced technical analysis, flexible trading system, algorithmic trading and expert advisors, as well as mobile trading applications. MetaTrader supports 31 languages while the installation takes no more than a few minutes to complete. Overall, MT4 is also a versatile program for brokers, given its availability on Windows, MacOS, and Linux. MetaTrader 4 (MT4) functions as a comprehensive platform for trading foreign exchange (FX), analyzing financial markets, and using expert advisors. Despite the emergence and adoption of the newer MT5 variant, MT4 has remained the dominant and de-facto platform utilized by brokers since its release by MetaQuotes Software since 2005.MT4 is widely used in the online retail foreign exchange space by traders. The software is licensed to FXbrokers who provide the software to their clients and consists of both a client and server component. The server component is run by the broker and the client software is provided to the broker’s customers, who use it to see live streaming prices and charts, to place orders, and to manage their accounts. Mobile trading, Trading Signals and the Market are the integral parts of MT4 that collectively look to bolster trader’s experiences with the platform. Why MT4 is Still Popular Since its inception, the proliferation of MT4 has been due in large part to its ability for end users to write their own trading scripts and robots that could automate trading. This has been a large draw for brokers, who have made this platform the industry standard for over a decade.Presently, millions of traders use MT4 globally for their trading needs making it one of the most successful platforms of all time. MT4 also appeals to a broad spectrum of traders of all skill levels, adding to its flexibility amongst brokers.The platform leverages advanced technical analysis, flexible trading system, algorithmic trading and expert advisors, as well as mobile trading applications. MetaTrader supports 31 languages while the installation takes no more than a few minutes to complete. Overall, MT4 is also a versatile program for brokers, given its availability on Windows, MacOS, and Linux. Read this Term) currently has – the platform is largely the paramount choice amongst brokers. According to Anthony Papaevagorou, Head of Sales at MetaQuotes, in a recent presentation at the Finance Magnates London Summit: “MT5 was previously struggling to keep up with MT4 and our other offerings, our problem is that we are victims of our own success.”

We are victims of our own success

Indeed, MT5 has thus far failed to achieve the same market penetration as its more dated counterpart, though this has not stopped MetaQuotes from doubling its efforts to push MT5 adoption. Whereas past sales growth was almost exclusively relegated to MT4 on a sustained basis, since July 2016, MT5 has constituted the vast majority of the company’s product growth, far outperforming MT4 for the first time.

Additionally, MetaQuotes fortified its stance on the MT5 platform, which it intends to focus on more extensively moving forward. “We do not expect to see any developments to come out of MT4 ever again. Given this, MT4 is slowly dying out,” Papaevagorou added.

We do not expect to see any developments to come out of MT4 ever again

Looking ahead, MetaQuotes also unveiled a composite of new updates to MT5 as it looks to ultimately phase out MT4.