MetaTrader 5 Adoption Continues, DriveWealth and Accuindex Jump Aboard

The increasing adoption of MetaTrader 5, the most recent version of MetaQuotes flagship 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, continues, with two new trading providers adding the platform to their offering: DriveWealth and Accuindex Limited.

According to a statement from MetaQuotes this Wednesday, US share trading is now available directly in MetaTrader 5, due to server to server connection, allowing investors to trade DriveWealth’s fractionalized U.S. equities.

Connected brokers with a MetaTrader 5 server are now able to order the MetaTrader 5 Gateway for integration with dealers, such as DriveWealth, to perform trades on U.S. exchanges.

Commenting on the partnership, Robert Cortright, CEO of DriveWealth said in the statement: "I started DriveWealth with the goal of increasing access to U.S. markets and modernizing the way the world invests.

"We have been perfecting our patent-pending Fracker® technology since 2015. We have partnered with fintechs and financial institutions in 153 countries to enable access of U.S. equities for retail investors. Now we are excited to provide investing ability in real-time fractional shares of exchange-traded U.S. equities, via the MetaTrader 5 platform".

Accuindex Limited Adds MetaTrader 5

Accuindex Limited, a foreign exchange (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) and contracts for difference (CFD) trading provider, has also added the MT5 trading platform, allowing its clients to trade stocks, commodities, FX and more.

“The latest-generation multi-asset platform provides a very powerful trading system which supports two position accounting systems, four execution modes and all types of trading orders, including market, pending and stop orders,” MetaQuotes said in its statement on Tuesday this week.

The MetaTrader 4 and MetaTrader 5 platforms were developed by MetaQuotes and have become an industry standard for forex trading. Although MetaTrader 4 remains as the dominant trading platform between the two versions, brokers are increasingly adopting the MT5 platform, which expands demand for the offering and enhances the platform’s features.