Finance Magnates spoke with VT Markets’ Managing Director Chris Nelson-Smith for his perspective on the company’s transition to MT5, branding, and trajectory in 2021.
Mr. Nelson-Smith is no stranger to the industry, having held senior level roles at GAIN Capital, VantageFX, and VT Markets, part of a career spanning 15 years, focusing on risk control of CFD trading.
Many brokers have been transitioning to MT5. Can you explain VT Markets’ rational for making the move?
MT5 was designed to be able to trade markets other than FX, such as stocks and commodities, essentially because it is better able to plug into a centralized trading exchange.
We have added the platform in response to feedback from our client base all over the world. It’s clear our clients have a growing appetite to trade on a truly multi-asset platform.
Global share volumes picked up massively in the last 12 months and its not just prices that are hitting new highs, trading volumes for stocks and options are also through the roof across all markets in 2021.
New investors have been flooding the market for more than a year now and the demographic appears younger than ever. Adding MT5 to our existing offering positions us well to service these clients.
We are committed to offering the broadest range of products and solutions for our clients, listening to our trading community and are responding to the feedback from our clients, delivering the next generation MetaQuotes platform to our clients.