Forex

Brokers News

FXTM launches web-based MT5 with hedging

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
UK, Australia FCA, ASIC MT4, Web,
Mirror Trader,
Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, Hong Kong FCA, CySEC, SFC MT4, Web,
PrimeTrader
$100 Review Website
Cyprus, Australia CySec, ASIC MT4, Web $100 Review Website
UK, Australia, Singapore FCA, ASIC, MAS, BaFin MT4, Web,
ProRealTime,
2Dealer
$0 Review Website
UK, Cyprus FCA, CySec MT4, MT5 $5 Review Website
UK, Cyprus FCA, CySEC MT4, MT5,
cTrader,
SuperTrader,
FxPro Markets
$100 Review Website
Cyprus CySEC MT4, MT5,
cTrader
$300 Review Website
Belize IFSC MT4, MT5 $100 Review Website
UK, Cyprus, Bulgaria FCA, CySec, FSC Web $150 Review Website
Seychelles FinaCom MT4 $10 Review Website
Belize IFSC MT4, Web $500 Review Website
Cyprus CySEC MT4, Web $25 Review Website
Belize IFSC MT4, MT5, Web $1 Review Website
Cyprus CySec MT4, Web, Gwasy $100 Review Website

More Forex Brokers News

FXTM becomes a sponsor of rookie IndyCar driver Ed Jones

May 26 2017 12:42:01

Unlike most forex and binary options brokers that ink sponsorship deals with football teams, FXTM is into more adrenaline-driven sports. The broker today announced yet another sponsorship agreement– with rookie IndyCar driver Ed Jones. Read more

FXChoice comes up with a new loyalty programme, Pips+

May 25 2017 07:13:15

As a part of its continuous effort to update its services and offer better trading conditions, forex broker FXChoice launches of Pips+, its new loyalty programme. Pips+ is designed to reward the most active traders by reducing their trading costs up to $1.5 per standard lot on EUR/USD. Read more

ThinkMarkets buys mobile app Trade Interceptor

May 23 2017 11:21:40

Leading global brokerage ThinkMarkets announced on Tuesday it has acquired Trade Interceptor, which currently is one the world’s fastest growing mobile trading apps. Read more

Forex

Spain’s CNMV warns against non-regulated TradeV, among other brokerages

May 22 2017 14:30:34

Spain’s financial watchdog, the Comision Nacional del Mercado de Valores (CNMV), has issued warnings against TradeV (tradev.com), and several other unregulated forex and binary options brokers. Namely, these are TorOption (toroption.com), OptionCM (option-cm.com), 53Option (53option. Read more

Forex.com to launch affiliate program

May 17 2017 07:51:31

Gain Capital, the largest forex broker on the US market, announced the launch of new affiliate program, called GAIN Affiliates. This is a performance based program offered to affiliate partners of multiple retail trading brands of Gain Capital - CityIndex & Finspreads first, and Forex. Read more

Global Brokerage announces poor financial metrics for Q1, will probably delist from the Nasdaq

May 16 2017 08:01:39

Global Brokerage, Inc. (formerly FXCM Inc.) released on Tuesday poor financial metrics for Q1 of 2017, which are hardly surprising after the company’s dramatic exit from the US market. Read more

Windsor Brokers adds CFDs on currencies and metals to product portfolio

May 15 2017 11:53:07

Windsor Brokers, a Cyprus-regulated forex and CFD broker, announced previous week that it launches CFDs on currency futures and metals to its MetaTrader 4 account. Read more

IG starts offering retail IPOs on investment platform

May 04 2017 13:40:53

IG, one of the largest forex, CFD and spread betting (UK only) brokers said it starts offering retail IPOs on its Investment Platform. Read more

IG changes margin requirements, tiering structure

May 03 2017 08:37:26

IG, one of the largest forex, CFD and spread betting (UK only) brokers, informed its clients that it is lowering the margin requirements on some of the tradable instruments in its portfolio – the Japan 225 index, spot gold and some forex pairs. Read more

easyMarkets’ proprietary platform now available as mobile app

Apr 26 2017 13:57:53

As trading on the go becomes increasingly popular among traders, easyMarkets, a global forex broker regulated in Cyprus and Australia, announced the launch of its new mobile app on Wednesday. Read more

Forex