Menacorp joins the reluctant ranks of MT5 users, offering trading on Dubai's Gold and Commodities Exchange.
FM
Menacorp, a leading brokerage firm operating out of Abu Dhabi in the United Arab Emirates (UAE), is launching the MetaTrader 5 (MT5) online Trading Platform for their customers wishing to trade on the Dubai Gold and Commodities Exchange (DGCX), the first derivatives exchange in the Middle East and North Africa region.
Traders will gain access to all instruments available at the Middle Eastern financial and commodity derivatives exchange via the MT5 platform, which is the successor of the hugely popular MetaTrader 4 (MT4)), developed by MetaQuotes Software.
The move by Menacorp to adopt MT5 is rather curious, given its overall lack of uptake among trading firms. Consequently, the very thing that made MT4 so popular – namely, that a huge development community sprung up around it providing customization – is strikingly absent from its successor.
Nevertheless, Menacorp’s status as the number one broker on UAE exchanges will likely not be harmed by offering the new trading technology on the DGCX.
Commenting on the decision, Gaurang Desai, Interim CEO of DGCX, said: “We extend our congratulations to Menacorp to become first DGCX member to use MetaTrader 5 platform and offer our products to their customer base. This partnership comes at a time when DGCX has recorded the highest Open Interest ever in its 10 year history and with dynamic platforms like MetaTrader 5, we expect increased participation and fresh enrollments across the MENA region.”
"We are very delighted to be a member on DGCX as we believe that it has a great future and we look forward to being a very important and active member. DGCX will help us diversify our product offering to our clients. We made sure to use one of the best software for trading futures which is MetaTrader 5," comments Ayman Al Satari, Deputy Managing Director Brokerage at Menacorp.
"We also congratulate Menacorp on the successful implementation of MetaTrader 5 to DGCX," adds Renat Fatkhullin, CEO of MetaQuotes Software. "This step has significantly expanded the opportunities of the broker's clients.”
Menacorp, a leading brokerage firm operating out of Abu Dhabi in the United Arab Emirates (UAE), is launching the MetaTrader 5 (MT5) online Trading Platform for their customers wishing to trade on the Dubai Gold and Commodities Exchange (DGCX), the first derivatives exchange in the Middle East and North Africa region.
Traders will gain access to all instruments available at the Middle Eastern financial and commodity derivatives exchange via the MT5 platform, which is the successor of the hugely popular MetaTrader 4 (MT4)), developed by MetaQuotes Software.
The move by Menacorp to adopt MT5 is rather curious, given its overall lack of uptake among trading firms. Consequently, the very thing that made MT4 so popular – namely, that a huge development community sprung up around it providing customization – is strikingly absent from its successor.
Nevertheless, Menacorp’s status as the number one broker on UAE exchanges will likely not be harmed by offering the new trading technology on the DGCX.
Commenting on the decision, Gaurang Desai, Interim CEO of DGCX, said: “We extend our congratulations to Menacorp to become first DGCX member to use MetaTrader 5 platform and offer our products to their customer base. This partnership comes at a time when DGCX has recorded the highest Open Interest ever in its 10 year history and with dynamic platforms like MetaTrader 5, we expect increased participation and fresh enrollments across the MENA region.”
"We are very delighted to be a member on DGCX as we believe that it has a great future and we look forward to being a very important and active member. DGCX will help us diversify our product offering to our clients. We made sure to use one of the best software for trading futures which is MetaTrader 5," comments Ayman Al Satari, Deputy Managing Director Brokerage at Menacorp.
"We also congratulate Menacorp on the successful implementation of MetaTrader 5 to DGCX," adds Renat Fatkhullin, CEO of MetaQuotes Software. "This step has significantly expanded the opportunities of the broker's clients.”
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Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
