Forex CRM and forex solutions provider UpTrader announced the launch of a social trading platform for MetaTrader 5 white labels and brokerages.
3 months earlier the CRM provider announced launching the new investment service for MetaTrader 4. Now social trading software is available for both MT4 and MT5 white labels and brokers.
As the developer said, the main features of this software are stability, easy management and 1-day setup time. The social trading platform can work as MAM, PAMM or social trading.
CEO UpTrader Vasily Alexeev:
“After running an investment service for MT4 brokers we started getting a lot of requests for the same service for the MT5 platform. Now we invite everybody who wants to get social trading software to try out our solution. It takes just 1 day to set up and run.
The MT5 version has all the features of the MT4 copy trading platform we released earlier this year. First of all, both platforms are highly stable. It means that there are no delays or lost orders while copying trades. We solved the most annoying problem which a lot of similar copy trading platforms have. Plus MT5 UpTrader Invest is extremely easy to manage. Friendly interface helps investors and money managers to get used to it quickly and easily.”
MT5 UpTrader Invest is a stable and affordable service for MT5 and MT4 white labels and brokers. It doesn’t matter whether you work with B-book or A-book, what are your spreads or fees. You can keep working the way you already do. If you have Introducing Brokers, it will be easy for them to get to work with it, too. Their rewards will be calculated as usual.
There are several reward schemes for the trader available in the settings: payment per the manager’s trading volume, percentage of profits generated in a certain time period set by the manager, high watermark—payment only for the biggest positive difference in balance, and a flat subscription fee.
When selecting a manager in the client interface, investors see their history of profit, preferred trading instruments, reward scheme, and, of course, options of backing out from the strategy. There are three of them: immediate exit, exit after the manager’s approval, exit with the next rollover.
All further information is available to investors in real time in their client interface, in MetaTrader 4/5 mobile app, or in the web/desktop terminal.