Finstek Ltd. Releases MT5 to MT4 Bridge
London, United Kingdom, February 11, 2013 --(PR.com
)-- Finstek Ltd. announces the development of MT5 to MT4 Bridge to connect Servers.
If a Broker/Dealer needs to retain the popular retail functionality of MT4 while being part of the future with the more advanced functionality of MT5 for HFT and Institutional customers then you need to speak with Finstek's business development team.
Finstek has developed the ultimate set up to connect MT5 to MT4 to allow your firm to maximize your revenue opportunity by taking advantage of the best of both Metatrader applications.
Finstek’s MT5 to MT4 Bridge allows orders and trades to be transferred between MT5 and MT4 servers. One MT5 Server can connect to one or multiple MT4 servers using their MT5 to MT4 bridges. These bridges allow the Dealer to submit trade requests to a larger Dealer of its choice (configuration is tuned on MT5 to MT4).
The Dealer can control the settings and charge the trader a commission and/or higher spreads as usual. A Dealer can decide and configure Finstek's bridge to offset all of their clients risk or some of their clients risk.
Accordingly, it works as an automated dealer for specified groups of users. It provides multiple bridges support on a single Server for different liquidity providers.
The MT5 to MT4 bridge supports Instant Orders, Market Orders, Pending Orders, Order Modification, Take Profit, Stop/Loss and Delete Order and supports automatic position closing at margin calls.
This acts as an omnibus account and maps multiple accounts on internal MT4 side to one account in external system. The bridge allows the Dealer to create the necessary configuration (Host port, Manager Login/Password), set up max price deviation and prohibit trading by defined symbol.
Finstek is also now in the process of developing a Bridge to connect an MT4 to an MT5.
Source - http://Finstek.com