MT5 adds LMax Exchange as liquidity provider

MT5 adds LMax Exchange as liquidity provider

- in All News, Forex Brokers, Trading Platforms
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MetaTrader 5 (MT5) multi-asset trading platform has integrated a gateway to the multilateral trading facility (MTF)  of UK forex broker LMax Exchange, MetaQuotes, the software company behind the platform, said on Monday.

As a result, platform users, being it brokers, funds or traders, will gain access to non-exchange traded forex, precious metals, and indices, execution with no re-quotes, transparent pricing, as well as streaming limit order liquidity.mt5-lmax-exchange-gateway

“I am very proud of the ongoing working relationship with MetaQuotes and the value it brings to our retail broker clients by delivering leading edge technology and global market access,” said Scott Moffat, COO of LMAX Exchange. “The MetaTrader 5 gateway to LMAX Exchange is a testament of our joint innovation and commitment to delivering best execution,” he added.

As of today, MT5 has gateway connectivity to six liquidity providers – LMax Exchange, FXCM Pro which it added earlier this month, Currenex, FastMatch, Hotspot FX, and Integral.

MT5 is one of the most widely-used trading platforms for forex, contracts for difference (CFDs), options, futures, and equities trading instruments. It allows, through a single trading account, the execution of orders in several financial markets and stock exchanges. The platform is based on the MQL5 programming language and has options for automated trading strategies (Expert Advisors, Eas). It is available for desktop and mobile devices, and via the web after recently MetaQuotes released a web-based version.

London-based LMax Echange is a brand of LMAX Ltd. and is regulated by the UK Financial Conduct Authority (FCA). The broker serves retail and institutional clients across. It offers trading in 70 spot forex pairs, CFDs, bullion, equity indices and commodities.

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