The increasing adoption of MetaTrader 5, the most recent version of MetaQuotes flagship trading platform, continues, with two new trading providers adding the platform to their offering – DriveWealth and Accuindex Limited.
According to a statement from MetaQuotes this Wednesday, US share trading is now available directly in MetaTrader 5, due to server to server connection, allowing investors to trade DriveWealth’s fractionalized U.S. equities.
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Connected brokers with a MetaTrader 5 server are now able to order the MetaTrader 5 Gateway for integration with dealers, such as DriveWealth, to perform trades on U.S. exchanges.
Commenting on the partnership, Robert Cortright, CEO of DriveWealth said in the statement: “I started DriveWealth with the goal of increasing access to U.S. markets and modernizing the way the world invests.
“We have been perfecting our patent-pending Fracker® technology since 2015. We have partnered with fintechs and financial institutions in 153 countries to enable access of U.S. equities for retail investors. Now we are excited to provide investing ability in real-time fractional shares of exchange-traded U.S. equities, via the MetaTrader 5 platform”.
Accuindex Limited adds MetaTrader 5
Accuindex Limited, a foreign exchange (forex) and contracts for difference (CFD) trading provider, has also added the MT5 trading platform, allowing its clients to trade stocks, commodities, FX and more.
“The latest-generation multi-asset platform provides a very powerful trading system which supports two position accounting systems, four execution modes and all types of trading orders, including market, pending and stop orders,” MetaQuotes said in its statement on Tuesday this week.
The MetaTrader 4 and MetaTrader 5 platforms were developed by MetaQuotes and have become an industry standard for forex trading. Although MetaTrader 4 remains as the dominant trading platform between the two versions, brokers are increasingly adopting the MT5 platform, which expands demand for the offering and enhances the platform’s features.
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