Brokeree Solutions Expands MT5 Offering, Launches New MT5 Trade Copier Solution - The Industry Spread

Karthik Subramanian

Karthik Subramanian has been a professional trader and fund manager over the last 18 years. He is basically a software developer who made the transition to financial domain around 18 years back as the attractiveness of the financial markets proved too much for him. He lives in Chennai in India along with his wife and son. He began his career as a software developer in 1999 and then gradually moved into the financial industry as he began trading stocks in his pastime. He then moved into the financial markets full time and then shifted his focus to the FX markets due to the liquid nature of these markets. Since then, he has been trading FX diligently and his favourite pair are the EURUSD and EURJPY. Over the last couple of years, he has found blockchain to be of high interest and considering his background in software and finance, he has since assembled a team of highly talented developers who have since worked on a variety of projects like crypto exchanges and blockchain architecturing. Now, he balances his time between trading and commenting on both the FX and crypto markets. He has worked with many publications including FX Street and Finance Magnates, which has helped him gain experience and also recognition across the industry. He loves to write and this passion has helped him to reach out across the FX and crypto industry. Right now, he works on his pet projects in the FX and crypto industry and spends his time writing and managing his blockchain team and helping it to reach higher.

Brokeree Solutions

Brokeree Solutions Expands MT5 Offering, Launches New MT5 Trade Copier Solution

November 2, 2018

metaquotesBrokeree Solutions, the provider of MT4 and MT5 platform solution services to forex brokerages has announced the launch of new MT5 Trade Copier Solution, expanding its MT5 platform offering. It will enhance the broker’s spreading migration to the MetaQuotes flagship terminal through additional services.

The MT5 Trade Copier plugin is configured in a similar fashion that of its MT4 solution and is compatible with almost all MetaTrader Bridges and dealing software. The Trade Copier plugin allows Fx brokers to duplicate trade from source account, group of account to a target account. The plugin is created to be used internally by MT5 licensed brokers and doesn’t have an external web interface. 

Brokeree Solutions has made available three copying modes, that includes Volume multiplier which adjusts the volume of trades, Reverse copying changes the direction of the copied order and Pending orders on the target account instead of direct copying. 

Brokeree stated that it will be a simple tool to operate and will also replace several copying plugins and will compatible with most of the software, ensuring copied trades gets confirmed before execution. 

Brokers are now fast moving towards adoption of the MT5 trading platforms and making the most from its key products. The addition of hedging functionality to the MT5 in 2017 was a turning point for the platform, as it gave confidence to retail fx industry to upgrade their trading platforms. Brokers now are more actively switching to the MT5 solution, which offers greater flexibility and agility. 

Brokeree Solution has been long engineering MT4 plugins for brokers and the company has a considerable experience with the MT4 and MT5 platform. Last month, it had integrated TradeTech Group’s liquidity bridge to enhance its liquidity and risk management offering. 

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