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MetaTrader 5 in South Africa: GT247.com launches the multi-asset platform

23 November 2017 / JSE Market Updates Posted by: Kurt Solomon
Kurt Solomon
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MetaTrader 5 in South Africa: GT247.com launches the multi-asset platform

It is with great excitement that we have partnered with MetaTrader5. We have listened to our valued traders and their need for a multi asset, market leading platform and MetaTrader5 is just that. It is an exciting time for GT247.com, with our new platform, our trading desk of specialist traders, daily trade notes, research and education, just some of the many value adds we offer our clients that will go hand in hand with the new platform. GT247.com will continue to go above and beyond for our clients and offer them the bespoke service they deserve.  - Kurt Solomon, Brand Manager at GT247.com

South Africa's top online stockbroker GT247.com has replaced its ageing legacy trading platforms with MetaTrader 5. The company's top management believe that MetaTrader 5 will enable them to remain in the sophisticated trading space, whilst offering their existing clients and new traders a world class functionality-rich trading platform.

GT247.com launched the first version of their own platform back in 2001. The company was the lowest cost online retail broker for traders and the pioneer of CFD trading in the region, allowing South African traders the ability to trade international markets in local currency. However, over the years the company realized that the legacy trading platform started falling behind the times:

"We struggled to keep up with the features and benefits offered by other trading platforms and as such clients looked further afield for brokers with a more sophisticated system," says GT247.com chief of trading, Bradley Leather. "Our old platform simply didn't offer enough. Switching to MetaTrader 5 will now allow us to compete on a level playing field."

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Leather says GT24.com will benefit greatly from the platform's seamless integration, rich functionality and mobile capabilities.

"Previously, we had different platforms for CFD and spread trading, as well as different portals for client service, admin and technical support. MetaTrader 5combines all of these platforms and portals into one. Our old platforms were easy to use, but they were very limited in functionality. They were good for traders who simply wanted to buy and sell, or look at charts, but they didn't appeal to traders who wanted to plug in algorithmic strategies. Now, MetaTrader 5 is able to satisfy all categories of traders."

READ ORIGINAL ARTICAL on Metatrader5.com

 
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CFDs are complex, leveraged products. Trading CFDs is high risk and losses could far exceed your initial capital input. Please ensure you fully understand the risks with trading CFDs before considering this form of trading.

GT247.com is a product of EasyTrader (Pty) Ltd t/a GT247.com (registration number 2017/190488/07), which is a licensed over-the-counter derivatives provider (ODP43) and a juristic representative of the Purple Group Ltd which is an authorised financial services provider (FSP46315).

In respect of foreign over-the-counter derivatives, we may, in our capacity as a juristic representative of Purple Group, introduce you to foreign over-the-counter derivatives providers.

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