Trisha Shetty (Editor)

MetaQuotes Software

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Industry
  
Software

Website
  
www.metaquotes.net

Founded
  
2000

Type of business
  
Private

Key people
  
Renat Fatkhullin CEO

Headquarters
  
Limassol

Number of employees
  
50

MetaQuotes Software httpswwwmetaquotesnetc20Metaquotescompan

Products
  
Trading systems; MetaTrader 4 MetaTrader 5 MetaTrader 4 Mobile MetaTrader 5 Mobile TeamWox

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MetaQuotes Software Corp. is a Cyprus Forex trading software company.

Contents

MetaQuotes MetaTrader trading platforms are currently used by the majority of FX Brokerage companies and banks around the world.

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History

MetaQuotes Software Corporation was established in 2000 in Kazan, Russia.

In 2005 development of the TeamWox, a CRM system started for the company internal use. In 2009, the first public commercial version of TeamWox was released and went on to win various industry awards.

On June 1, 2010 MetaQuotes Software officially released MetaTrader 5 or MT5 the next version of its trading platform. It expanded the number of products that could be traded from just Forex to include stocks and commodities. MT5 also includes a new version of the programming language called MQL5. The new MT5 client trading terminal differs in a number of ways from MT4 and was not backward compatible. Uptake of the new version was slow and by April, 2011 MetaTrader had only 50 companies featuring the new version with over 400 companies remaining on MT4 mainly due to the lack of backward compatibility. Additionally, there has been an overall reluctance to adopt the new MQL5 programming language.

In 2011 MetaQuotes Software Corp. entered into a partnership with International Business Times to deliver integrated trading platform and newswire service.

In 2012 MetaTrader 5 Trading Platform has been Certified for the Singapore Mercantile Exchange. Metaquotes Software has been granted ISV status by the stock exchange.

Operations

The company is registered in the offshore zone of Cyprus from where it makes sales and provides marketing and technical support to many of the worlds biggest Forex brokers.

References

MetaQuotes Software Wikipedia