Over 170 Forex brokers now offer trading via MetaTrader 5

From Australia to Brazil, brokers from all over the world are migrating to MetaTrader 5 platform. Such information was sent out by the developer of the most popular software among retail traders. This means that MetaQuotes is continuing the action entitled "Goodbye MT4"for which it gradually prepares users.

Read: MetaTrader 5 is an (unrelenting) future

MetaTrader 5 offered by 170 brokers

There is no shortage of a week for the new broker not to introduce MetaTrader 5 to its offer - in June it boasted about this fact popular Australian broker IC Markets. This time, MetaQuotes informs that JFD Brokers, Alfa-Forex, FreshForex, IGM Forex and USGFX, Irish broker Squared Financial Services, Terra Investimentos from Brazil, Durian from Iraq and SDT Brokerage have joined this group. The total number of companies that offer MT5 has already exceeded 170. This is the result of the Russian company's dynamic activities on the B2B level.

Wasim Zayed, deputy general director of IGM Forex Ltd:

“I have used MetaQuotes trading platforms from the very beginning of my FX career. They have always earned my trust as high-profile trading platforms that have driven the rapid evolution in the forex industry (…). In the first phase, our clients will be able to use MetaTrader 5 in a basic environment with a security feature. In the second stage they will be able to benefit from access to the depth of the market (level II), while in the third stage they will have access to trade in the direct exchange model ”.

Alexander Goryachev, principal analyst at FreshForex:

"MetaTrader 5 is a versatile platform equipped with all the necessary tools to trade effectively in the financial markets with the familiar MetaTrader 4 interface."

He added:

“An extensive set of time frames and technical analysis tools enable detailed market analysis and detection of price changes over time. Our customers expect the launch of MetaTrader 5 to take advantage of the improved functionality of the next generation platform, and we are happy to give them this chance! "

MetaTrader 4 awaits the fate of the dinosaurs

Three months ago, MQ announced that 1 ends with support for MetaTrader 2017 from 4 in October on older Windows systems. Nevertheless, it has long been seen that the works MetaQuotes They focused heavily on the development of the fifth edition of the platform, which, despite its premiere in 2009, due to many underdeveloped solutions, did not enjoy special interest of both brokers and retail traders.

A number of modifications carried out over the last year, mainly in the field of integration and configuration "back-up" to which brokers get access, means that each month we are getting closer to the point where we will be forced to say goodbye to the iconic MT4 for good.