Fortex Inc., an ECN trading platform and technology provider, today announced the launch of its MT5 Product Suite, which joins a portfolio of brokerage solutions the company offers for operators offering the MetaTrader 5 platform, as successor to the MT4 continues to surge in popularity among industry participants.
Fortex’s new solution joins its flagship MT5 Bridge OMX, the company’s primary gateway to MT5, which enables brokers who use the multi-asset platform to connect to external liquidity providers. The B2B system was designed for the instantaneous connection of trade servers to banks and liquidity providers, integrating with the key institutional liquidity pools like Advanced Markets and many others.
Did COVID-19 Save the Forex Industry?Go to article >>
The Fortex MT5 Bridge OMX has been created in response to increasing demand for MT5 and to give retail brokers the same tools as institutional brokers. It features a wide range of professional tools for efficient liquidity and risk management, and at the same time provides direct high-speed access to global liquidity in the most cost-effective way for brokers.
In particular, the solution offers “depth of market (price book), smart execution routing, sophisticated risk management, flexible revenue generating features and more,” the company said.
More brokers are actively switching to MT5, which expands demand for offering and complementing the platform’s features. As such, technology providers such as Fortex Inc. are keen to satisfy this demand by further pushing the deployment of the platform and its infrastructure, allowing brokers to streamline their operations and empowering them to focus their resources on growth.
Commenting on the new product, Daniel Chen, Co-Founder and CEO of Fortex Inc. said: “Our key focus has always been on flawless low-latency trade execution and in-time price delivery. Fortex pioneered its MT4 Bridge OMX many years ago, and now is proud to extend our expertise into MT5.”
Natallia Hunik, Global Head of Sales at Fortex, added: “Delivering access to high quality liquidity and state-of-the- art technology solutions to our clients is always the top priority. We believe that MT5 will revolutionize trading once again as MT4 did a decade ago. This powerful platform is offering multi-asset trading, improved functionality, scalability and improved trading experience, among other things. Fortex is staying ahead of the game by introducing an MT5 Bridge OMX that will help brokers get started with the MT5 platform and connect to FX ecosystem in no time”.