MT5 Integrates with Hotspot FX

MetaQuotes Software Corp. announces the integration of its MetaTrader 5 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 with Knight Hotspot FX, an institutional foreign exchange ECN offering deep Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term in more than 60 currency pairs plus gold and silver with speed, competitive pricing, full depth-of-book transparency and complete anonymity.

The MetaTrader 5 integrates with Knight Hotspot FX through a new gateway, which was developed by MetaQuotes Software Corp. Now MetaTrader 5 brokers receive additional means for covering risk, and traders can access better prices.

MetaQuotes is consistently moving towards developing integration of MetaTrader 5 with various liquidity providers in the Forex market. The platform is already integrated with well-known providers such as CitiFX Pro and Currenex.

"We are constantly developing native functionality into MetaTrader 5 to satisfy the demand that derives from the vast majority of MetaTrader brokers," states Gaies Chreis, COO of MetaQuotes Software Corp. "Having introduced the MetaTrader 5 Hotspot FX Gateway in our trading platform, we believe that we are adding value to our brokers that already have a business relationship with both MetaQuotes and Hotspot FX."

Hotspot FX's ECN market structure is underpinned by robust, award winning technology to ensure instantaneous trade executions, immediate trade confirmations, real-time position updates and seamless post-trade STP. Firms can access the Hotspot FX platform via its trading interface as well as by its Live Link® integration suite, which includes a proprietary API and FIX gateway.

"Hotspot's integration with MetaTrader is an opportunity to expand our wholesale offering to the MetaTrader global forex trading community," said John Miesner, Managing Director and Head of Global Sales for Knight Hotspot FX. "Hotspot is excited to provide access to a diverse liquidity pool customized to meet the specific needs of MetaTrader's global retail FX traders."