The beta test version of FXCM's new Strategy Trader platform has been around for several months now, but you used to have to fill in a form and be approved by FXCM before being able to download it and try it out. That's now changed, and FXCM have made it available for download to anyone who visits the brand new Strategy Trader section of their website, along with a video walkthrough about the wonders of what they now describe as:
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One of the drawbacks of MetaTrader 4 has always been that whilst you can write a multi-currency expert advisor for the platform, the MT4 strategy tester only allows you to backtest one currency at a time. Now that the bugs in the MetaTrader 5 strategy tester are gradually being removed, we're just starting to use it for some serious testing.
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MetaTrader 5 has been in testing by traders around the world for well over 6 months now. In an indication that there might at last be a glimmer of light at the end of the long testing tunnel Alpari UK are now publicising the fact that you can download MetaTrader 5 from their website, and thus open an account with them. It's only a demonstration account at the moment of course. Alpari don't say when a real live MT5 account will be available from them. A few more months yet I suspect. Alpari do say this however:
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For the last month FXCM have been busy migrating all the new customers they acquired when they took over UK broker ODL. I have now received several emails from ODL on the topic. The one I received on May 21st informed me that:
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Over the weekend MetaQuotes released yet another new beta version of MetaTrader 5. This one is build 268, dated April 24th, and as we speculated earlier this month, at long last MetaTrader 5 now comes complete with a strategy tester!
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MetaTrader 5 entered public beta testing quite some time ago now. For almost as long information about the product has been disseminated via the existing MetaTrader 4 web sites. Now MetaQuotes has finally got around to putting some content on a couple of MetaTrader 5 specific sites. MetaTrader5.com currently consists of a single page only, but it does at least provide a convenient location from which to download the latest beta version of MT5. The home page also displays the date when beta testing of the product is currently scheduled to end:
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Following the recent release of a beta version of MetaTrader 5 to the public expert advisor vendors have been struggling to get to grips with the new MQL5 language. Being able to read Russian has helped, but even then some vital information has been missing from the available documentation.
More on MQL5 Documentation Now Available in English (Mostly!)
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Following the lead of their Russian cousins Alpari US announced yesterday that they too are now:
Pleased to introduce FX traders to our two new trading platforms, Alpari Direct and Alpari Direct Pro.
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The long wait is over! You can now download the first publicly available version of the MetaTrader 5 client terminal from the MQL4 forum.
Unfortunately it sounds as though you'll have to wait another 6 months before you will be able to use it in anger on a live account. "The nearest future" that Alpari Russia were talking about last week doesn't mean this week or even this month as far as demo accounts are concerned. A live account certainly sounds as though it won't be arriving until some time next year.
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Way back on July 15th Alpari UK announced on their website that they:
Will launch two advanced trading platforms by the end of August, offering high-speed and direct access to the international currency market for Alpari clients and other institutional and retail customers. Powered by trading technology provider Currenex®, Alpari Direct Pro will be offered to institutional clients while Alpari Direct will be offered to retail customers.
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