International , Tools For Brokers, announced on Monday that it has released a new product – MetaTrader 5 Trade Processor. This new product is the latest feature to be added to its MetaTrader 5 trading platform.
The new product is a multi-part modular system, which combines a liquidity bridge and a market making order pool. The Trade Processor provides investors with trading capabilities with crypto and forex.
Commenting on the launch of the new product, Albina Zhdanova, COO of Tools For Brokers, said: “Using TP allows the broker to attract a new audience by broadening the spectrum of their offering in crypto.
“Our new product allows for the execution of the trade in crypto symbols as well as currency pairs, combined into a single technical solution.”
In Trade Processor, the operational workflow with crypt symbols is similar to the workflow with currency pairs. The new product provides both marginal crypto liquidity and crypto liquidity with physical delivery. In addition, it allows users to switch from one liquidity to the other.
The product supports the workflow of two of the largest crypto exchanges, Binance and HitBTC. These two companies hold the main concentration of the world’s cryptocurrencies. Tools For Brokers will expand the list of crypto data providers on the product in the future.
The quote management feature of the product uses a combination of individually configured connected feeders. These can add up to five integrated parameters, which investors can use for filtering, and it gives them the ability to control downstream processes.
In addition, traders can set an unlimited amount of rules. This is because different quote flows from each feeder is configured into a single data flow. This will stream to the connected MT5 server.
Tools For Brokers
Founded in 2010, Tools For Brokers is a B2B forex technology provider that offers plugins and add-ons for forex brokers. Its products include Metatrader 4 WhiteLabel, MT4 setup, and Consulting.
Recently the company has been . In particular, at the end of last year, the company widened its portfolio for the MetaTrader 5 trading platform, by launching a new Broker Business Intelligence solution, which enhances the brokers’ spreading migration to the MetaQuotes’ flagship terminal through additional BI services.
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