Stater Global Markets, a London-based Prime of Prime brokerage, announced that MetaTrader 5 is now part of the platform options for clients. Moreover, Stater is launching an MT5 White Label offering in response to high demand from banks and brokers, particularly in Asia, which the company is focusing on.
MetaTrader 5 joins a portfolio of platforms to choose from, including Integral, Currenex, FlexTrade, PrimeXM, and MetaTrader 4.
Ramy Soliman, Chief Executive Officer at Stater Global Markets, said:
Brokers are increasingly wanting to offer multi-asset products to clients and we believe that MT5 – which is far superior to MT4 – will become the dominant platform for retail clients. It is a quality product and is ideally suited for our institutional client base and their multi-asset requirements.
We are continually evolving to provide clients with the very best technology and products in the industry and are delighted to have added MT5 to our portfolio of platforms. Stater can deliver our entire product suite to clients through MT5, offering access to Exchange Traded Futures, Precious Metals, FX and CFDs. In addition, we have plans to offer Cryptocurrencies imminently and these will also be available through MT5.
The FCA-regulated Prime of Prime broker, offers institutional clients direct access to Tier 1 bank and non-bank liquidity, clearing and institutional grade technology. All trades are passed on to Liquidity Providers on an STP basis.
Stater Global Markets launched as a Prime of Prime broker in October 2016, backed by Stater Holdings in New Zealand. CEO Soliman joined Stater from Integral, where he was VP EMEA Sales after having served for five years as EMEA Margin FX Sales at Citi.
Stater Global Markets is partnered with Gold-i to bridge its MetaTrader White Label solution and FXecosystem to provide connectivity. NEX Abide helps Stater with regulatory reporting.