Taras Miroshnychenko
Taras Miroshnychenko

Head of International Corporate Law and Fintech Practice

Phone numbers
+38 (073) 007-44-36

Expert in fintech, crypto, and international corporate law with over 20 years of experience. Specializes in crypto licensing (VASP/CASP), iGaming business support, and international structuring, asset protection, and OSINT analytics for risk assessment and due diligence.

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HOW TO CONNECTI THE METATRADER PLATFORM

HOW TO CONNECTI THE METATRADER PLATFORM

OBTAINING A METATRADER LICENSE

If you are planning to open a Forex company or a firm that provides access to futures, you will need the MetaTrader 4 or MetaTrader 5 software. Licenses for this software can actually be obtained in 14 days.

There are large companies that provide services for stock traders, accepting clients from any country. In addition to them, there are smaller brokers working in narrow niches, such as Forex. Due to the narrowly focused activities, the profitability of this business is high.

It doesn’t matter how big the company’s turnover is, or what specific assets will be provided to customers, you need a terminal in which traders will conclude deals. It is possible to develop your own software, but it is extremely difficult and time-consuming.

The best trading solutions are MetaTrader 4 and MetaTrader 5.

MetaTrader Platform

Meta Trader 4 is one of the best trading terminals that is used for trading Forex, futures, stocks, and cryptocurrencies.

The software consists of several parts:

  • A trading system that allows you to buy and sell assets in a convenient way.
  • Technical analysis tools. This is necessary for clients to analyze charts and make deals. MT4 includes 30 indicators and 24 charting tools.
  • Security systems. It provides high comfort and a safe environment for trading.
  • You can trade on a PC, smartphone, and tablet. Separate versions of MT4 are provided for different devices.
  • Algorithmic trading. Auto-trading allows you to automatically conclude financial transactions.
  • Trading bot programming module. Allows you to earn automatically.

Meta Trader version 5 has the same thing, but the platform itself is more powerful and modern.

Requirements for obtaining a MetaTrader 4 license

 

To purchase an MT4 license, you need to provide a package of documents.

  1. Statutory documents.
  2. A package of completed documents with data on the owner and directorate of the company.

$ 90,000 for MT4, and $ 115,000 for MT5.

Purchasing a MetaTrader license

You need to understand that a trading license is granted to one company. If you have several companies, you will need to obtain a separate permit for each.

With an experienced lawyer, you can consider several profitable options for purchasing software and obtaining a Forex license.

Steps to obtain a Meta Trader 4 license

  1. MetaTrader trading software provider. In an email, you need to express a desire to issue a license for MT4 or MT5.
  2. Providing answers to a number of questions from a company employee in order to determine a specific service.
  3. $ 90,000.
  4. Waiting for a license, obtaining it, and starting a marketing campaign.

As soon as the MetaTrader license is obtained, it will be possible to earn money by providing trading services. Apart from MT4 and MT5, you can also purchase a special plugin that regulates the trading process for $ 4,000 (data for 2021).

Calculate the cost of services

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