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FreshForex, an offshore-regulated broker, announced it has updated its MetaTrader 4 (MT4) trading platform and server to the latest build, 971.
The company urges its clients to also update their trading terminals because from July 1 MT4 support for builds below 940 (released in December 2015) will be discontinued and the clients won’t be able to connect to the trading servers of the newer versions.
The latest build of MT4 offers simplified forms for opening a demo account and only requires basic data, account type, deposit and leverage, rather than large long forms. The executable files have been updated to feature the MQL4 language and preserve upward compatibility, but will not run on older terminal builds. The new MT4 build also provides links to cloud hosting, educational videos on trading with robots and copying signals.
FreshForex is one of the many forex brokers to hike margin requirements over the market volatility surrounding UK’s EU referendum vote on June 23.
FreshForex is the trading name of Riston Capital, which is headquartered in Russia and registered in St. Vincent and the Grenadines. It offers forex and contracts for difference (CFDs) trading services.
FreshForex is a member of Russia’s commission for the regulation of relations on financial market, KROUFR. In the Russian market, the broker had a monthly trading volume of an average $3 billion in 2015 and about 7,800 active accounts.
MT4 is still the most popular trading platform used by many online forex brokers, in spite the recent reports that it was subject to hacker attacks and the efforts of its developer MetaQuotes Software to promote MT4’s successor MetaTrader 5.