FXTM (ForexTime), a Cyprus-regulated forex broker, becomes the latest to update the MetaTrader 5 (MT5) trading platform to its most recent version, featuring hedging.
The latest features of MT5 include opening of multiple buy/sell orders simultaneously, two new pending orders types, market depth with all available buy/sell prices in real time, a new trading tab for one-click trading and advanced strategy tester.
The new version of MT5 also features sleek layout and an upgraded interface with all entry and exit points highlighted directly on the chart, adding an extra layer of transparency end precision to trading. MT5 offers technical and fundamental analysis, live notifications of important market news and an extensive new collection of tools and indicators.
FXTM is based in Cyprus and regulated by the local watchdog, the Cyprus Securities and Exchange Commission (CySEC). The broker offers trading in more than 100 instruments, including forex, spot metals, and CFDs on stocks, commodities, and exchange traded fund (ETFs). It serves retail and institutional clients alike and supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms.
Recently FXTM made a sponsorship deal with the Russian BASE jumper Valery Rozov in order to better promote its services and reach a wider audience. Also in July, the broker added a deposit option via the WeChat platform for its Chinese users.
We remind you that MetaQuotes, the developer of the popular trading platforms MetaTrader 4 and 5 finally added the hedging option to MT5 in March in a bid to increase its popularity among the forex brokers. Since then several of them, like Alpari, RoboForex, FBS and FXBlue, to name a few, already updated their terminals. At the same time, MetaQuotes reported that MT5 is gaining popularity in Pakistan.
The most recent addition to MT5 was announced last week – a tool for analyzing exchange markets.