MetaQuotes Is Revolutionizing MetaTrader! Here's How It Works

For the first time in the history of electronic trading, MetaQuotes​, along with some of Chicago's most well respectedlisted derivatives, futures and equities brokers and technology providers have worked together to make it possible for retail brokerages to finally up their game. Going live today, all MetaTrader brokers now have a genuine multi-asset future.

Astute investors in first tier jurisdictions, which form the client bases that MetaTrader retail brokers should be looking to onboard and retain, may well be conservative and prudent, but they are very technologically analytical and expect to be provided with proprietary trading systems that are developed, supported and continually evolved in the way that only London's world-leading FinTech sector​ can provide.

For MetaTrader brokers, multi-asset trading environments, offering connectivity to massive asset bases is a pre-requisite in order to engage these good quality traders and investors.

The MetaTrader revolution had to come, and now it is here.

There is now a fully accessible multi-asset solution for MetaTrader​ retail brokers which allow the trading of spot OTC derivatives on the same platform as multi-asset exchange listed futures and equities.

This not only elevates the potential client base of brokerages, as it accesses the equities and futures traders on exchanges, many of whom reside in first tier regions such as the United States, Singapore, Hong Kong, Australia and Switzerland, but also generates a highly sustainable environment for brokers in which long-term traders with less leverage and larger capital margins operate, bringing them into the realms of the portfolio holders rather than CPA/lead conversion short term business.

Quite simply, it is high time that the entire FX brokerage​ and OTC retail electronic trading business went multi asset, and by that, we mean properly multi-asset, providing derivatives exchange connectivity and access to futures, equities and stocks on Chicago and New York exchanges, on the same platform as spot FX — namely MetaTrader 5.

The solution, developed by Markets Direct, operates via a B2B integration to the CQG API to stream tradable FX, US equities and Futures prices via MT5, CQG and NetDania platforms.

"The integration of MetaTrader 5 with DriveWealth came to life at the best possible time, when the demand for access to US Cash Equities is truly high. This makes it possible for any broker, bank or hedge fund, through their MetaTrader 5 platform, to offer to their traders and investors the best of both worlds. That is, access to full or fractional shares, as well as futures and other exchange traded instruments, with the minimum complexity and with competitive conditions. Everything is accomplished by utilizing MetaTrader 5 Multi-Asset capabilities and the MetaTrader 5 Gateway to MetaTrader 5, for a Server to Server connection, both through DriveWealth as well as through its qualified intermediary, Markets Direct," said Christoforos Theodoulou, Head of Global Business and Sales, MetaQuotes.

This is the very first true multi-asset platform with US listed equities and futures, which includes cross margining capability across all assets utilizing a single account (wallet), over 3300 listed equities and ETFs, and a choice of MetaTrader 5, Netdania and CQG platforms, and fractional share trading enabling.

MetaQuotes is on board, supporting this huge step

For perhaps the first time since its inception, MetaQuotes, the developer of the MetaTrader platform which dominates the retail trading sector amon brokerages that have off the shelf platforms, is actually on board and working closely with Markets Direct and DriveWealth to deliver a full multi-asset solution.

DriveWealth, which is the equities broker that is integrated into the new Markets Direct solution, allows U.S. share trading is available directly in MetaTrader 5 via a sophisticated, server to server connection.

Bob Cortright, founder and CEO of DriveWealth, said: "Our goal at DriveWealth has always been to increase access to U.S. equities. We're proud to partner with Markets Direct and MetaQuotes to bring our fractional equities offering directly to retail FX brokerages through MetaTrader 5."

For connected brokers with a MetaTrader 5 server, direct integration to multiple brokerage APIs is no longer required. Instead, brokers​ can simply order the MetaTrader 5 Gateway for integration with dealers, such as DriveWealth, to perform trades on U.S. exchanges.

Server to server connection makes it possible to trade DriveWealth's fractionalized U.S. equities. Now clients can place any order size, even for less than a full share. For example, it is possible to place an order for 1/2 share of AAPL or 1.2345 shares of AMZN.

For far too long, brokerages have been under served when it comes to opportunities to offer experienced traders with developed portfolios a genuine product range and trading environment that would attract such a client base toward MetaTrader brokerages. This marriage of US Equities, futures and company stock via quality technology​ yet without the cost of exchange membership fees, clearing costs and high margin balances is most certainly the right way for the FX industry to go, as it preserves their familiar environment, yet opens them to a high quality, astute client base with a large number of assets under management.