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Gold-i launches cryptocurrency bridge for MT4 and MT5 brokers

Gold-i, the UK-based trading technology provider, has announced the launch of a new cryptocurrency solution for MetaTrader (MT4 and MT5) – the Crypto Switch. This is a bridge, which will allow brokers access to some of the leading cryptocurrency exchanges and liquidity providers. 

 

The Crypto Switch will have multiple implications. First and foremost brokers could use the price feeds to provide a trading environment for their clients. Additionally they will have access to the real coin trading, as well as CFDs. This will allow brokers to implement more detailed risk management options, allowing them to sell their own crypto-liquidity. 

 

The most exciting function of the Gold-i Crypto Switch, is the ability for brokers to combine different cryptocurrencies and Forex pairs, hence creating new synthetic instruments. While many brokers provide access to Bitcoin or Ethereum trading against the USD, there aren’t that many crpypto-crosses currently available. 

 

Tom Higgins, CEO of Gold-i, commented on the new product, “Gold-i is aiming to be the leading Crypto technology provider in the industry. We have developed our Crypto Switch to enable brokers to maximise opportunities from the increasing demand for Crypto trading and to help them to increase their revenues by offering a wider range of products to clients.

TAGS: Gold-i  cryptocurrency  mt4  metatrader 4  mt5  metatrader 5 

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