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BUSINESS NEWS - IFX Brokers is a leading South African Forex broker that uses technologies, without dealing in desk intervention, to transmit trade orders to liquidity providers in a true STP (Straight-Through-Processing) environment.
IFX Brokers’ customers can now place orders in real time on genuine marketplaces. The liquidity providers in this instance are prime liquidity providers who, in effect, function as counterparties to each trade by marking up the raw bid/ask rate by a modest amount.
All trading strategies can be used with STP because the execution is seamless and there are no requotes. This article reveals some of the excellent tools and features traders will have access to when using IFX MT4 and MT5 trading platforms.
IFX MT4: the go-to Forex trading platform
Whether you're interested in trading indexes, stocks, CFDs, commodities, or forex, IFX Brokers’ MT4 is a trading platform that offers a wide range of useful features.
To stay ahead of the curve and maintain a competitive edge, brokers might use it in place of their own proprietary systems because of its adaptability. A trader can make use of everything that is provided by simply downloading MT4 from the IFX Brokers website.
One of MT4's best features is its integration of real-time currency quotations and estimates via the Depth of Market function.
Indicators of market activity, such as buy orders for several currency pairs, are depicted here. The 'Watch Window' also displays other useful information for traders, such as the margin ratio, contract size, margin currency, spread, and more.
This trading platform was developed with simplicity in mind, making it accessible to traders of varying experience levels.
MT4 is versatile and easy to use, and it supports a wide variety of trading methods, two different ways to execute trades, automatic triggers, charts, trailing stop orders, access to one's own trading history, a limitless set of technical tools, simulated trading, educational materials, and more.
IFX MT5: the advanced version of MT4
Traders with IFX Brokers can use MT5's many capabilities to perform market research, place trades, and monitor their exposure to risk.
Whether you're a seasoned pro or just getting your feet wet in the forex market, you can use MetaTrader 5 and start making money right away. Forex, stocks, futures, and options trading are just some of the financial markets that may be accessed by MT5 users.
Over 80 technical indicators and 21 timeframes are just two of the many advanced charting and analysis tools available with MT5.
It's simple for traders to alter the settings and add or remove indicators as needed. The programme also offers real-time market data, so investors may monitor the markets and make educated trading decisions based on the most recent developments.
Trading can be automated and optimised using MT5, thanks to the platform's built-in MQL5 programming language, which traders may use to develop and test their own trading methods.
Expert Advisors (EAs) and custom indicators can be developed by traders or selected from the thousands of available on the MT5 market. Backtesting is also supported on the site, allowing traders to assess how their strategies would have fared using historical data.
For the best analysis and tools, IFX Brokers is the broker you can count on.
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