Brokeree 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.