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MercadosG adopts MetaTrader 5

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MercadosG adopts MetaTrader 5

Mercados G has been providing its services in Chile for several years, delivering the most transparent offer in the market.  Recently it was announced, that MetaTrader 5, with Chilean broker MercadosG, is offering the platform to its traders. The broker joins a slew of trading providers to integrate MetaQuote’s latest trading platform.

In Latin America, through MT5, traders can now access more than 10,000 trading symbols. In addition to currency pairs, the broker’s users can also trade contracts of large global corporation stocks such as Google, Apple, and Facebook.

What’s more, through the electronic trading platform, users can trade exchange indices, commodities and American Depositary Receipts (ADR).

Web and mobile versions are available for Android and iOS.  Some of the features included in MercadosG’s MT5 platform are trading robots, deposits in Chilean pesos or US dollars. Additionally, there are more than fifty technical analysis tools, economic news, and a built-in chat. The Head of Mercados G, Jose Manuel Briceño, said that the new integrated MT5 improvements would increase user’s trade and make it even more robust and technologically advanced.  The new MT5 system can assist in a better-informed trading decision-making process across a wide range of global markets.

Massive MT5 adoption

MetaQuotes were the first ones that developed MetaTrader 4 and MetaTrader 5. Soon enough, they become an industry standard for forex trading.  However, between the two versions,  MetaTrader 4 still remains as the dominant trading platform. However, nowadays, Brokers are adopting the MT5 platform more and more. Thus, by expanding demand for the offering and it enhances the platform’s features.

In addition, FIBO Group, a retail forex broker, has joined the hype. Recently, the company launched online and mobile applications for MT5. The trading instruments are mostly available on the web and mobile applications. They include FX pairs and precious metal contracts.

 

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