Broker NordFX Turns MetaTrader 5 into Unique Crypto ExchangeHaving combined the features of a broker and an exchange in one, NordFX can now provide its clients with exceptional conditions for trading both traditional currency pairs and cryptocurrencies.
Thanks to the joint efforts of experts in the field of IT technologies, trading in the forex market and exchange trading, the broker company NordFX has made a breakthrough, transforming the well-known MetaTrader 5 platform into a platform for classic peer-to-peer exchange trading in cryptocurrencies.
Moreover, they have managed to keep all the advantages of MT5, including the possibility to carry out the high-quality technical analysis with the help of numerous indicators and the use of expert advisors for automatic trading.
The speed of order execution and the absence of freezing makes it possible not only to carry out long-term, medium-term or intraday trading but even to engage in scalping, earning on minor market fluctuations. This is facilitated by the integration of trading cryptocurrencies on the MT4 which has been working in NordFX for a long time, and the new MT5 into one “core”, where all clients trade exclusively with each other. At the same time, the system is completely transparent: thanks to the depth of the market, each limit order is visible to all trade participants.
Commission fees for taker-traders are minimal, and as for maker-traders, they, on the contrary, even get a remuneration for each transaction. This is quite a rare case in the market, when clients, apart from trading, can also profit from maintaining stock liquidity.
Traders can still carry out margin trading, and the range of its features has become much broader. Thus, if it is about $300 that one needs to open a position of 1 bitcoin on MetaTrader 4, just $100 is enough on MetaTrader 5.
Unlike conventional exchanges, thanks to the presence of two platforms, traders have the opportunity to apply a wide variety of trading strategies, as well as profiting not only on the growth but also on the drop of bitcoin and altcoins.
The MT5 platform in NordFX is designed exclusively for exchange crypto trading 24/7/365 without days off and holidays. There are 14 major crypto pairs, cross pairs and 4 crypto-indexes available for trading. For traditional trading, traders can use the MT4 platform, where one can also trade major fiat currencies (33 currency pairs), using a leverage of up to 1:1000.
As for other services that NordFX provides to its clients, these are investments in shares of the world’s major brands with high income and with capital protection up to 100%, investment crypto-portfolios, as well as RAMM, most modern automatic trading signal copying system.
The company’s clients are offered about15 methods to deposit or withdraw funds. The trading account can be nominated in both US dollars, and in bitcoins or Ethereums, at the client’s choice. Accordingly, apart from USD, it is possible to deposit and withdraw funds to purses in BTC and ETH.
It only takes a few minutes to open an account and to register, and it is not even required to go through verification in most cases.
The NordFX computer system has a high degree of protection: there has not been a single case of its hacking during 10 years of its work in financial markets. The company has been honored with more than 35 professional prizes and awards, among them Most Reliable Broker 2016 and 2017, Best Crypto Broker Asia 2017 and Best broker for Trading Cryptocurrencies 2018.
In total, starting in 2008, clients from more than 185 countries have opened over 1.250.000 accounts in NordFX.
Traders and investors can always contact the company’s support service for help and advice.