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Russian fintech company MetaQuotes said three brokers – Just2Trade, RoboForex and FreshForex, have started using MQL5 coupons for its products MetaTrader 4 and 5 (MT4 and MT5). The three brokers have already used such coupons to award loyal clients and to attract new ones.
A number of other brokers are also testing the service and are expected to launch it in the near future.
“By offering coupons to our existing and potential clients, we are pursuing two main objectives: attracting new traders and increasing the loyalty of our existing clients”, said Evgeny Zhilin, head of operations at Just2Trade. “Right from the onset, the new system has proved to be a powerful marketing tool improving the company stats in both quality and quantity. It provides a great way to stimulate clients to connect to strategies of successful traders. Our clients are able to see for themselves that Forex provides opportunities for stable profit if traded wisely,” he added.
MetaQuotes launched the coupon service about a month ago. Coupons are generated by brokers and distributed to traders. They can be used for the purchase of various MetaTrader additions — from virtual hosting to trading signals subscriptions.
“The new coupons service from MetaQuotes is a convenient way to receive products and services for the popular MetaTrader platforms”, said Alexander Goryachev, senior analyst at FreshForex. “The benefit of our customers is ultimately our benefit as well! Therefore, we follow the market trends in order not to miss exciting and practical gifts for our clients,” he added.
MetaTrader Markets gets enhanced
MetaQuotes also announced that it has expanded its MetaTrader Market with new app selections and sub-categories The store has more than 11,000 apps which traders can try using MetaTrader coupons.
The market now has a design with better navigations. The main page has new market products, Expert Advisors (EAs) and indicators, and top free applications. Meanwhile, the Experts, Indicators and Utilities sections have been enhanced with sub-sections, making it easier to find applications suiting your specific trading strategy.
Both the MT4 and MT5 are the most widely-used trading platforms for forex, contracts for difference (CFDs), options and futures. The MT5 also has a function for stock trading. They both use MQL programming languages and allow automated trading.