Metaquotes introduces the integration of MetaTrader 5 and CitiFX Pro. This deal will enable selected brokers to offer MT5 with the liquidity of CitFx to its clients.
For CitiFX, this means higher trading volume, and traders get higher pricing. This also benefits brokers, that have a better offering.
CitiFX recently won the FX Week “Best Retail Platform†award.
Michael Greenberg notes that this is a massive step up for MetaQuotes. For more details, here is the press release:
MetaQuotes Software Corp. announces the successful integration of its MetaTrader 5 trading platform and CitiFX Pro, owned and operated by Citi, one of the world leaders in the Forex market.
A special gateway developed by MetaQuotes Software Corp. has made integration of the two systems possible. MetaTrader 5 brokers can now access liquidity through the CitiFX Pro trading system. Citi, in turn, offers its customers round-the-clock liquidity for a wide range of financial instruments.
The MetaTrader 5 trading platform is known for its advanced technical characteristics as well as a rich functionality of its front-end and back-office components.
“MetaTrader 5 users can now benefit from tight pricing and deep liquidity offered by Citi, one of the market leaders in foreign exchange trading,†said Sanjay Madgavkar, Head of FX Margin Trading at Citi.
“This integration of MetaTrader 5 trading platform and CitiFX Pro is more than just mutually beneficial,†said Gaies Chreis, COO of MetaQuotes Software Corp. “Brokers get an improved method to cover risks, CitiFX receives increased trading volume, and traders benefit from tight pricing and deep liquidity offered by CitiFX Pro. Everybody wins.â€
About the company
MetaQuotes Software Corp. is a professional developer of software applications for financial markets. With more than a decade of experience, the company is a market leader, providing one of the best forex trading software packages. The company’s MetaTrader 5 trading platform provides features for trading not only on the forex market but also on stock exchanges.
Company website: http://www.metaquotes.net.
