MetaQuotes Software, the company behind the most popular forex trading platforms – MetaTrader – announced it has opened a representative office in Bulgaria’s capital Sofia, through its authorized representative Metapenta Software.
The main goal of MetaQuotes’ office in Sofia is to improve the services for the local brokers using MetaTrader and to attract new clients and financial organizations from the Balkan region.
“The decision for this investment was based on personal observations of the parent company that Bulgaria’s economy is actively developing”, — says Emre Peser, Head of Metapenta Software. “There are several brokers using MetaTrader 4 and MetaTrader 5 in Bulgaria at the moment. But I also see a lot of potential opportunities to expand the market share of MetaQuotes Software Corp. products. This will be our main objective. The company will work as an agent of MetaQuotes and as such should serve to implement the business strategy and tasks set by its parent company”.
“We are pleased to offer such a high-tech product as MetaTrader 5 as we are constantly trying to provide the best trading conditions for our customers”, — notes Petar Krustev, Executive Director of Benchmark Finance, one of the Bulgarian brokers, offering the products of MetaQuotes Software. “We launched the platform as early as 2012, and so far we have implemented all the additional applications, such as mobile versions for iOS and Android. This year, we have switched to the updated MetaTrader 5 featuring hedging. Besides, we are the first ones who offered the Web-based MetaTrader 5 application in Bulgaria”.
MetaQuotes Software was established in 2000 in Russia, but was later moved and is now based in Cyprus. It has a license from the local financial regulator, the Cyprus Securities and Exchange Commission (CySEC). It offers the most popular forex trading platform – MetaTrader – currently in versions 4 and 5. Additionally, the company offers supporting infrastructure and software.