Dubai with MT5, looking to grow as the largest market in the world

June 13, 2016

MetaQuotes, the developer of the most popular trading platform MetaTrader has announced that the MetaTrader5 is now offered by 10 online brokers in DGCX.

Dubai with MT5, looking to grow as the largest market in the world

Starting with the “Menacorp” the first MT5 offering broker in DGCX last year, the number of the brokers with MetaTrader5 has become 10 this month.

Many brokers are the major players in the Middle East region, including Arab Global Commodities, AxiTrader ME, LT International and Krishi Gold, are among them.

The official announcement from MetaQuotes:

More and more traders now have an opportunity to trade the financial instruments available at the Dubai Gold Commodities Exchange utilizing all the advantages the MetaTrader 5 platform has to offer.

They can download and launch any of the thousands ready-made trading robots, copy trading signals of successful traders and even rent virtual hosting directly in the platform. Thus, brokers offering MetaTrader 5 are able to provide their clients with advanced trading and analysis tools as well as all additional built-in features for efficient trading.

“MetaTrader 5 is rightfully in high demand among brokerage companies, since this is the most powerful solution for trading on financial markets!” — states Manoj Choudhary, Head of the MetaQuotes Software Corp. representative office in Dubai (MetaFintech LLC). “Due to its technological superiority, the platform meets the needs of the most demanding traders significantly expanding their opportunities”.

MetaQuotes has launched 2 trading platform which are MT4 and MT5.

MetaTrader4 has become the most popular trading platform in the world, and it has kind of become one necessarily trading tool for traders in the world.

Forex = MT4, many traders must be thinking them like that.

Although the amazing success of this MT4, MetaTrader5 on the other hand is not so popular among brokers neither traders.

It maybe because the trading platform isn’t really completed in terms of trading tools/options comparing to MT4. Not so many online Forex brokers demanded for the MT5.

Now that MT5 has hedging options, variety of indicators and the community itself is growing, many brokers are looking to adopt the trading platform to their services as the number of the traders who are interested in using MT5 is also growing.

If you are looking to try out this MT5, it is offered by FxPro, the leading online Forex broker in Cyprus.

Find out more from their official website.

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