Brokers News

FXTM launches web-based MT5 with hedging

Nov 22 2016 13:26:52 GMT
By
Stanimir Zhelev , ForexBrokerz.com Find me on Google+

Cypriot forex broker FXTM announced earlier this week that it adds the web-based version of the MetaTrader 5 (MT5) platform to its offering. MT5 WebTrader is now equipped with hedging functionality, which allows traders to open multiple Buy/Sell orders simultaneously and thus get additional protection. In fact, FXTM adopted MT5 desktop version with the hedging option on in late July this year, so the feature is not new to the broker’s clients.


The web-based version of the MT5 platform already has the full set of functionalities of the desktop platform. It offers real-time market depth, advanced strategy testers, extra pending order types, and extensive technical and fundamental analysis tools, among others. In all fairness, MT5 WebTrader has one significant advantage over the PC version - it does not require the installation of additional software and can be used across all operating platforms and browsers.


Due to the number of enhancements made by its developer MetaQuotes lately, and most notably the hedging option finally added to it in late March, MetaTrader 5 is gaining a momentum. In addition to hedging, the fintech company introduced a number of features to the platform, such as exchange markets analyzer, new charting solutions, one-click trading, chat functionality, and demo account option. It also launched a gateway to e-trading and charting platform CQG, thus providing direct access to a number of instruments traded on global exchanges.


It looks like software developer MetaQuotes focuses on MT5 and tries to ultimately phase out its predecessor, MetaTrader 4, which is still preferred by most traders. Previous week the fintech expressed its intentions to turn entirely to MT5 trading platform and to stop issuing updates to the MT4.


FXTM supports both platforms, developed by MetaQuotes. The broker offers trading in more than 100 instruments, including forex, spot metals, and CFDs on stocks, commodities, and exchange traded fund (ETFs).


The broker is based in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC), which allows it to provide its services across the EU. Earlier this year, the broker acquired a license from the Financial Services Board (FSB) of South Africa. It has also set up a London-based unit.

 

TAGS: fxtm  forextime  mt5  mt5 web  mt5 hedging 

More news about FXTM

Broker Country Regulation Platform Min Deposit Review
Cyprus CySec MT4, MT5, Web $5 Review Website
US, UK, Australia CFTC/NFA, FCA, ASIC MT4, Web,
Mirror Trader,
Trading
Station,
NinjaTrader
$50 Review Website
UK, Australia, Singapore FCA MT4, Web,
ProRealTime,
2Dealer
$1 Review Website
UK, Cyprus FCA, CySec MT4 $5 Review Website
UK, Cyprus FCA, CySEC MT4, MT5, Web,
cTrader,
SuperTrader,
FxPro Markets
$100 Review Website
Seychelles FinaCom MT4 $10 Review Website
UK, Bulgaria FCA, FSC Web $150 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus CySEC MT4, MT5 $300 Review Website
New Zealand FMA MT4 $1000 Review Website

More Forex Brokers News

Admiral Markets amends margin requirements

Jan 19 2017 14:59:35

Admiral Markets, a European forex and CFD broker, said it is amending the margin requirements on the instruments it offers on some of the live trading accounts.    According to the broker, the changes will apply to all positions opened on Admiral.Markets and Admiral. Read more

eToro takes ETFs to a next level of Copy Trading

Jan 18 2017 15:20:51

Innovative forex broker and social trading network eToro launched a new investment service called CopyFunds, which takes exchange-traded funds (ETFs) to a whole new level.   ETFs allow traders to invest in a whole sector or market trend, not just in one company or commodity. Read more

XM is only forex broker in World Finance 100 2016 list

Jan 18 2017 12:47:05

XM, a European forex broker regulated by UK's FCA and the Cyprus Securities and Exchange Commission (CySEC), said it has been included in the World Finance 100 list for 2016. Read more

Interactive Brokers’ income before taxes increases by 66.2% in 2016

Jan 18 2017 08:39:23

Multi-asset automated brokerage Interactive Brokers (NASDAQ GS: IBKR) announced key financial and trading metrics for 2016 on Tuesday.  Leading US broker and a market maker reported its income before taxes for 2016 came in at $761 million, which is a growth of 66.2% compared to 2015. Read more

Swissquote’s social network Pulse now available on iOS devices

Jan 17 2017 15:06:27

A bank, a major FX and CFD brokerage, as well as a fintech pioneer, Swissquote announced that its recently launched social network, called Pulse, is now available on iOS devices. Read more

Morgan Stanley raises its stake in Plus500

Jan 16 2017 15:31:23

Morgan Stanley, the US multinational financial company who is among the major stakeholders in the London Stock Exchange (LSE)-traded forex broker Plus500 (LON:PLUS) has raised its stake in the company to pass the 6% threshold. Read more

IG urges its clients to take a stand with regards to FCA’s proposals

Jan 13 2017 08:36:04

Major brokerage IG Group (LON:IGG) encourages its clients to share their opinions about the recent proposal from the Financial Conduct Authority (FCA) to raise margin requirements for CFDs and spread betting, among other things. Read more

FXCM sees December, Q4 2016, annual trading volumes fall

Jan 12 2017 14:31:39

FXCM, the leading US forex brokerage saw a double-digit decline in its December retail and institutional trading volumes both on a monthly and annual basis, show the officially released company metrics. Read more

IG Group renames binary options to “Digital 100s”

Jan 12 2017 10:44:34

 IG Group, one of Europe's largest forex, CFD and spread betting (UK only) brokers has rebranded its binary options products and now calls them “Digital 100s”. Read more

It's official: Banc De Binary renounces Cyprus license

Jan 11 2017 12:43:49

 Banc De Binary, the largest and oldest regulated binary options broker has renounced its Cyprus license, several days after the first reports that it is planning to shutter its business and has stopped taking clients from the EU. Read more