MetaQuotes has announced a completely revised web terminal for MetaTrader 5: faster, more efficient, customizable and with a redesigned interface and core.
According to the trading software company, the major update to the latest version allows the web terminal to work on each broker’s access server.
According to MetaQuotes, operating as an individual web terminal – which only works with a specific platform – provides maximum security and full control for the broker.
A list of new functions presented on the new web terminal of MetaTrader 5
The new MetaTrader 5 web terminal offers a wide range of new functions, including:
- Convenient symbol setup in Market Watch, as well as daily price change data
- Ability to apply for real accounts with detailed registration form and document submission options
- More analytical objects with extended management options
- Market entries and exits displayed on charts
- Economic calendar events displayed on charts
- Support for price data subscriptions and the ability to receive delayed quotes
- Significantly simplified interface
- The mobile version has a responsive interface for iOS and Android devices
Web terminal licensees can configure the new version at no additional cost
The MetaTrader 5 web-based platform supports trading currencies, stocks and futures from any web browser, any operating system, without installing any additional software. MetaQuotes has ensured that the new MT5 web terminal is safe to use since all transmitted information is securely encrypted.
Companies with valid web terminal licenses can install the new version on their servers and start using it at no additional cost. Companies that do not have a web terminal can order it through the MetaQuotes technical support website.
MetaQuotes is a pioneer in FX trading technology that caters to brokerages, banks, exchanges and hedge funds. The company’s flagship products, MetaTrader 4 and MetaTrader 5, are used daily by millions of users and thousands of financial institutions.
The iOS version of MetaTrader 5 remains suspended
In September, Apple decided to suspend the MetaTrader app without disclosing the exact reasons for the decision, but the suspension follows several complaints and investigations into online trading scams using MT4 and MT5. Weeks before the ruling, Apple spokesman Adam Dema told Forbes that the company was investigating complaints about MetaTrader and would take additional steps to protect App Store users if necessary.
Although the decision was taken quietly on Friday, the news quickly reached the entire forex industry, which is already scrambling to find solutions to brokers who have put all their eggs in one basket.
“MetaTrader is used by the majority of ‘white label’ companies that only have a sales team and whose only business strategy is to buy prospect lists to solicit deposits which are then used as revenue for the brand. white,” said Natalia Zakharova, head of sales at FX and CFD broker FXOpen.
“It is therefore possible that MetaQuotes will have to work with Apple to determine what criteria must be met in order to re-list it, which could be the implementation of a control to ensure that only brokers with their own infrastructure and a proper regulation via bona loyal financial regulators in top tier jurisdictions would use it and provide enough resources to ensure traders were vetted as people with enough knowledge to navigate the financial markets properly, and to ensure that real financial markets are offered rather than creating a simulated market that guarantees the loss to clients.
“Either way, it’s a good thing for the industry as a whole, because good quality brokerages will be able to maintain business and thrive, and bad actors who turn clients through prospect lists won’t be able to. continue their operations as they have no loyal customer base and will not be able to attract any more customers.”