MetaQuotes Experiences Adoption of MT5 Third-Party Solutions Marketplace - The Industry Spread

Ricardo Esteves

Ricardo Esteves has seen business and economics through many lenses. He joined the Financial Services Industry in 2009, and has been a financial journalist since 2011. He holds a degree in Business Administration and has experience producing real-time news, from both buy-side and sell-side, as well as for retail traders, brokers and service providers. Esteves' work has appeared in a variety of online publications including FX Street and FinanceFeeds.

MetaTrader 5

MetaQuotes Experiences Adoption of MT5 Third-Party Solutions Marketplace

April 26, 2018

MetaQuotes, the Cyprus-based software company that brought MetaTrader into the foreign exchange retail market, has experienced a strong demand for MetaTrader 5 from vendors three months after launching its MT5 third-party solutions marketplace.

Elina Bagautdinova, Chief Commercial Officer of Brokeree Solutions
Elina Bagautdinova, Chief Commercial Officer of Brokeree Solutions

The purpose of the Market is to provide clients access to a wide range of MetaTrader 5 solutions from leading global integration companies. The number of participants has doubled and includes industry names such as  Dynamic Works, Fortex Inc, Brokeree Solutions and B2Broker.

Elina Bagautdinova, Chief Commercial Officer of Brokeree Solutions, commented:

“The marketplace significantly facilitates the business of a broker who receives not only the trading platform, but also quick access to a plethora of related solutions in a single place. We believe that this service will soon become the main outlet for companies in the industry due to its simplicity and transparency.

Brokeree Solutions specializes directly in software development and integration with MetaTrader 5, including a plug-in for a complex agents reward system. Four new products are ready to be released in May.

Natallia Hunik, Global Head of Sales at Fortex Inc., said:

Natallia Hunik, Global Head of Sales at Advanced Markets
Natallia Hunik, Global Head of Sales at Advanced Markets

“We have been working with platforms from MetaQuotes from the very beginning and are now delighted to be a part of the MetaTrader 5 marketplace launch. As brokers are increasingly looking for a competitive edge through robust technology solutions to access interbank liquidity, Fortex welcomes this innovation from MetaQuotes to meet the growing demand.”

“This demonstrates the openness we need to develop as an industry as with the MetaTrader 5 marketplace consumers will enjoy more choice and transparency than ever. MetaQuotes Software scale and expertise make the marketplace an excellent springboard to bring the right solutions to the brokers”, Hunik added.

Angelos Gregoriou, Chief Executive Officer of Dynamic Works
Angelos Gregoriou, Chief Executive Officer of Dynamic Works

Dynamic Works, a customized browser-based Software Solutions provider based in Cyprus, had its Syntellicore CRM & Traders Room approved on the MetaTrader 5 third-party solutions market.

Angelos Gregoriou, Chief Executive Officer of Dynamic Works, said:

“Syntellicore Backoffice and Traders Room are both fully integrated with the new platform as an out of the box functionality. The MetaTrader 5 marketplace is a great initiative by MetaQuotes that makes solid products and reliable vendors to stand out while helping brokers in making the right decision for their organization.”

Artur Azizov, Chief Executive Officer of B2Broker, commented:

Artur Azizov, Chief Executive Officer of B2Broker
Artur Azizov, Chief Executive Officer of B2Broker

“The new B2B platform from MetaQuotes makes a significant contribution to the development of the MetaTrader 5 trading system market. We have something to offer to every broker, as B2Broker has been implementing MetaTrader platforms since 2014 and is thus able to compete with the industry’s leading players. We already provide our customers with White Label solutions on the MetaTrader 5 platform and can provide migration from MetaTrader 4 to the new platform.”

Brokers can access a plethora of third-party MetaTrader 5 applications through MetaQuotes’ official service. Integration companies can promote their solutions to all institutional users of the platform via this new marketing channel. The new B2B service is expected to stimulate the market and accelerate migration to MetaTrader 5.

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