Global trading provider INFINOX has announced that it is adding MetaTrader 5 (MT5) technology to its popular social trading platform, IX Social.
INFINOX stated that MT5 will bring more trading opportunities to both beginner and experienced traders on its platform, by offering a huge range of popular equity markets. The expansion aligns with the company’s client-first approach of offering all popular and requested financial products.
Forex has long been the most popular instrument to trade among IX customers. In fact, 90% of all trades made via the INFINOX platform are forex. With that being the case, more currency pairs have been added to IX Social. Leading the way in the new list of options is EUR/TRY, the Euro vs. the Turkish Lira.
This means that clients can now trade contracts for difference (CFDs) on more than 34 currency pairs. What’s more, they can still use all of the app’s innovative features, including auto-copy, which allows users to follow trades made by the community’s top-rated influencers. This, in tandem with community rewards, the ability to share strategies, and learn from others, make IX Social a popular venue to trade forex online.
Thanks to MT5, INFINOX has been able to add even more trading options. You can now trade more than 150 stocks with INFINOX and on IX Social. Familiar brands like Netflix, BT, Barclays and Visa are all available, and thanks to the wealth of information in the public space, trade strategies and decision making can be created quickly and executed on IX Social.
INFINOX said it has expanded its product offering via IX Social in response to client demand, to give clients the opportunity to diversify their portfolio into the equity market. The blend of diversification, ability to trade on leverage, and the huge amount of information and news around popular stocks, all benefits beginner and experienced traders when it comes to their trading options and opportunities.
Robert Berkeley, CEO of INFINOX, said:
“The addition of stocks to the IX Social platform allows our clients significantly more markets and more strategies to trade and copy. Traders can communicate with each other and analyse individual stocks, sectors, or indices, while discussing strategies and the latest news to get a better view of the market.
“This ‘social’ aspect of trading is the polar opposite to the traditional approach where traders were ‘in it for themselves’. This new ‘Gen-Z’ approach has helped traders take advantage of significant stock movements. MT5 will be a great addition for our clients to discuss all equity stories and strategies.”
As well as adding a host of exciting new stocks, INFINOX has improved MetaTrader 5. All users can now implement any trading strategy and API they wish. IX Social users who trade via MetaTrader 5 can also access enhanced technical indicators and a real-time market overview tool to help them spot trading opportunities.
INFINOX Capital Ltd is a global, online trading provider headquartered in the City of London and with a presence in 15 countries. Authorised and regulated by the Financial Conduct Authority, it enables clients across the UK, EU and beyond to trade a full range of asset classes, from forex to equities and commodities. Since its launch 12 years ago, INFINOX has put world-class trading power into investors’ hands. A global pioneer in FX and CFD trading, it combines a seamless user experience with the very latest Metatrader 5 trading technology.