Not so long ago, FxPro, one of the most prominent representatives of the contemporary Forex brokerage industry, launched its own version of the new trading platform called MetaTrader 5.
What is the difference between it and the older versions? How comfortable is the transition to it? Let’s find this out…
According to an FxPro representatives, the introduction of the new trading software named MT5 (for short) was a necessary step since the old version failed to come up to the the new tendencies of the present-day trading, which has become more sophisticated over the last few years. This all started with a number of complaints and requests from the company’s existing users asking for the update. As a client-oriented company, FxPro responded to those requests with the introduction of MetaTrader 5.
On top of that, FxPro went further than just introducing the MT5. The company’s experts managed came up with a unique product called FxPro Quant, expanding the user’s trading capabilities and functions.
At the same time, the experts say that the internal architecture of the new trading terminal differs a lot from the one of the previous versions, which is still popular with Forex traders all around the globe but is being ousted gradually. Most of the traders who switched from MT4 to MT5 are now reporting much better trading performance, which is definitely not a coincidence.
FxPro Quant lets you trade Forex via MT5 with floating spreads. Still the company is not going to stop supporting MT4 since it is still the major trading software. The company’s experts are aware of the fact that it will still take a lot of time to transfer from MT4 to MT5 completely.
At the same time, FxPro is planning to expand the line of products and services, which is expected to take Forex trading to the next level.