The MetaTrader 5 (MT5) trading platform is gaining momentum. Due to the number of users and the ongoing development by MetaQotes of MT5, FXTM sees this as an opportunity for innovation. The Cypriot-regulated Forex broker announced that the FXTM MT5 platform, which is equipped with hedging features, can be used by traders.
The next generation of MT4 has been updated, with features including:
- Options for hedging, which allow traders to open multiple positions simultaneously and add protection even though the market is very volatile.
- Two additional types of Pending Orders with more choices and flexibility.
- Coupled with Market Depth, which allows clients to monitor the selling and buying prices available on the market in real time.
- New tab for one-click trading, which gives fast access to all trading instruments with just one click.
- Advanced Strategy Tester is included to test EAs' optimization and efficiency before deploying them.
FXTM itself schedules regular updates for both its MT5 and MT4 platforms. It is also reported that FXTM is collaborating with the online payment system Perfect Money and won an award as the "Best Forex Broker" at the European CEO Award event in early July.
For complete information about FXTM, you can read it on the FXTM broker website.
FXTM highly puts importance on order execution speed. This broker also provides floating spreads with a minimum deposit of only $10 and leverage of up to 1:1000.