FX Broker Peppertone Plans to Introduce MetaTrader 5 Platform

Australian retail Forex broker Peppertone has announced that it intends to list MetaTrader 5 as one of the available trading platforms.

The company posted on its website that MetraTrader 5 is “Coming Soon” as it seeks to increase its portfolio of online FX trading platforms. The move is part of the company’s attempts to capture more clients in the increasingly competitive FX industry. Recently, it opened a Russian language website and an office in Odessa, Ukraine as it targets Russia and Commonwealth of Independent States.

The Russian website is adding more features in order to improve its functionality ahead of the rollout of MetaTrader 5, which is very popular in Russia unlike in other countries where most companies have stuck with MetaTrader 4 platform. Besides its Russian and English website, Pepperstone plans to add MetaTrader 5 on its Chinese websites.

Pepperstone disclosed that the new platform will have features such as two types of pending orders, Sell Stop Limit and Buy Stop Limit; 39 graphical objects, 38 inbuilt indicators, 21 timeframes, aggregation of open positions, an indication of the market’s currency depth, and 17 styles of displaying custom indicators.

Meanwhile, FX firm Forex.com has introduced the DealBook spread betting platform in Russia. The move makes it the first FX broker to provide Russian traders with spread betting, which is relatively nascent in the country. However, both web and PC versions of DealBook are available in Russian, making it easier for prospective Russian dealers to explore spread betting.

As a multi-asset platform, DealBook facilitates spread betting in over 3,200 instruments such as commodities, equities, exotic and popular currency pairs and indices.