The partnership comes with two benefits, firstly it enables existing brokers to start offering MT5 without paying high licensing fees thus can focus on the area of profitability. And second, it will also allow new firms to enter the brokerage space with the lower cost of operations than they would have to pay for an MT5 license themselves.
“In addition to start-up MT5 brokerages, particularly in Asia, we are seeing increasing interest from established brokers across the globe who want to assess demand from their clients before committing to their own MT5 license. itexsys, in partnership with Gold-i, is ideally placed to help with both of these market segments.
“MT5 is gaining momentum. However, there are many brokers who require a low-cost entry to the market. itexsys provides the ideal solution – an interim MT5 offering which enables brokers to assess growth opportunities prior to progressing to their own license. itexsys has a wealth of experience and has the advantage of being completely agnostic, with no affiliation to any broker or LP. When a broker is ready for their own MT5, itexsys can help with the transition.”