As one of the most multi regulated Forex brokers, XM.COM finally decided to expand its services by using MetaTrader 5 or MT5. It is one of the most successful trading platforms in the world today. According to a recent statement from XM.COM, they have decided to incorporate its trading infrastructure to help in their expansion. In the past, the MT5 was only made available as a demo. It was highly anticipated since the initial announcement of their testing phases. They did this to make sure that MT5 will be able to work seamlessly together with all the other existing systems. The launch of MT5 has been able to expand the Asset Classes range which was originally offered by XM.COM. Single stocks CFDs together with Metals and Energies, CFDs on Indices and existing FX offerings have now been made available. In one of their most recent announcements, brokers informed their clients regarding MT5 trading. They specifically announced that they were going to package a total of 300 instruments which contain increased offerings. These offerings will be incorporated one by one as time goes by.
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MT5 for mobile trading by metatrader5.com
MT4 has garnered a very successful platform. MT5 aims to precede its successor’s popularity. It provides Forex retail traders with plenty of amazing features which cannot be found anywhere else. Certain features are also only made available on some institutional platforms previously. MT5 is considered to be a coming of a new era. It is an online trading platform which has an impressive variety of features included. Although it isn’t a brand new release, brokers have been slowly introducing it. There is an increasing list of Forex brokers who launched MT5 just recently. These brokers believe that it is the ultimate solution for their chicken and egg problem. This dilemma involves having none of the brokers familiar with MT5. Thus, they weren’t willing to offer it originally because of its unfamiliarity. On the other hand, the traders weren’t aware of the existence of MT5 back then. The main reason for this is because none of the brokers were offering it to them.
In a recent interview with Chris Zacharia who is the Marketing Director of XM.COM, he stated that the release of MT5 was indeed very slow. According to Zacharia, the entire process took a long time to they had to practice their patience. However, he added that after MT5 was finally offered by the brokers they were surprised with the positive feedback it has garnered. XM.COM is confident that by taking the first few steps, they will be able to successfully extend the variety of instruments they offer to the stock market. He added that the brand’s ultimate goal is to be able to extend their offerings for a maximum of 5000 single stock CFDs. They aim to do this for various companies around the world who are listed on stock exchange. The ones they want to specifically focus on are companies who are part of the Frankfurt Stock Exchange, NYSE, LSE and Nasdaq. XM.COM believes that by looking at their audience, MT5 will be able to fulfill the need for a multi asset platform. The fifth generation of Metatrader was produced by MetaQuotes Corporation who is a leading software developer.