The guys from MetaQuotes Software Corp. have been keeping busy tweaking and pushing the Metatrader 5 (MT5) platform these days. Just last week it was announced that MT5 has teamed up with HotspotFX to expand the platform’s pool of liquidity providers for forex and CFD trading, and a mere few days before that a major upgrade for the MT5 Android app was released and the application now features 30 technical indicators for enhanced trading.
It appears, though, that forex and CFD’s (More about forex and CFDs you will find on: Binary24)are not MetaQuotes Software Corp.’s only focus; the company is really pushing hard to establish its Metatrader 5 (MT5) platform as a leading software application for trading stock and commodities.
Just today, it was announced that MT5 has been endorsed by Brazil’s BM&FBOVESPA – one of the biggest exchanges in Latin America. The endorsement will allow brokerage houses that are members of the BM&FBOVESPA to provide trading services to investors using MT5 through a specially designed gateway.
In 2012, MT5 was certified by four more international stock exchanges: Dubai Gold and Commodities Exchange, Singapore Mercantile Exchange, Mauritius Global Board of Trade and the Russian RTS stock exchange. Having in mind the platform’s obvious advantages, this comes as no surprise: MT5 offers a complete solution for financial markets trading, including a flexible back office module, a state-of-art front end system, and technical analysis tools. Along with stock, the platform allows for the trading of equities, futures and OTC derivatives. Apparently, MetaQuotes Software Corp. is recognizing the potential of the region – back in May the company opened a representative office in Sao Paulo to reinforce its positions on the Latin American market.
“We have created a successful platform for high quality that meets all requirements of the BM&FBOVESPA and we will continue with our efforts to offer even more opportunities in our platform for the exchange members. This promising market has a strong demand for our technology and we want to satisfy you,” said Gaies Chreis, president of MetaQuotes Software Corp. The first Brazillian broker to start offering to investors trading via MT5 is XP Investimentos. Alexandre Marchetti, director of operations for XP, shared his enthusiasm of the news: “The Metatrader 5 platform will add tremendous value to customers of XP. It is a fundamental trading system for professional traders that will help our customers maximize their strategies and profit!”.