MetaTrader 5 Platform Wins Independent Software Status on DGCX

MetaQuotes Software Corp's MetaTrader 5 Trading Platform has been certified on the Dubai Gold and Commodities Exchange (DGCX). The platform, one of the world's most widely used for trading in financial markets, has been granted Independent Software (IS) status on the exchange.

The IS status will allow members of DGCX to use the platform through a special gateway to provide services to their clients. DGCX is one of three new international exchanges for which MetaTrader 5 Platform has introduced support this year.

Ahmed Bin Sulayem, chairman of DGCX, said: "The MetaTrader 5 Platform will add significant new value to the pool of technology expertise available in DGCX. Our partnership with MetaTrader 5 reflects our commitment to offer our members access to the world's leading trading technology solutions."

Gaies Chreis, COO of MetaQuotes Software Corp said: "We have successfully created a high-quality trading platform that meets all the requirements of DGCX and we will continue our efforts to offer even more opportunities in our platform to members of the exchange.

"MetaTrader 5's wide range of tools for technical analysis and powerful trading functionality will provide exceptional support to the trading needs of DGCX members."

MetaTrader 5 says it provides a wide range of solutions that support efficient trading on financial markets. Some of its key features include a powerful and flexible back-office, modern front end with advanced trading system, technical and fundamental analysis, and mobile trading.

MetaTrader 5 provides the tools to analyse price dynamics and use automated trading programs. The platform enables traders to work not only with the forex market, but also trade options, futures and stock markets.