Why MT4
About MetaQuotes
MetaQuotes
Software Corp. is a B2B software development company established in
2000. Since its establishment, the company has achieved outstanding
success in developing and delivering a stream of innovative products,
services and solutions in the given field. Working with some of the
world leading business, it has earned the reputation as a supplier of
the most reliable software solutions. Today its most successful product,
MetaTrader 4, is the most popular Forex trading platform in the world.
History
The
company traces its origins back to 2000 when it released the FX Charts
online trading platform. It was a truly revolutionary new product on the
specialized Forex broker software market, and compared favorably with
expensive and inefficient products of its competitors. Convenience, rich
functionality, high operating speed and reasonable price were the key
competitive advantages of FX Charts. These are the core values that have
served the company since its inception and continue to serve as the
guiding principles today.
The
success of FX Charts exceeded all expectations, and the company got its
first clients pretty soon. But this was only the beginning. After the
trading platform quickly became a success, the company started to
receive feedback from the clients. On the whole, the platform gained
wide appreciation, although there were both complaints and constructive
suggestions. And shortly thereafter, the developers embarked on a new
project - the MetaQuotes trading platform.
The
new platform was written from scratch and differed from its predecessor
in its higher functionality and total optimization. MetaQuotes was
designed not only for Forex, but also for the CFD (Contract for
Difference) market. In addition to this, the new client terminal was
supplied with a built-in language for programming trading strategies -
the MetaQuotes Language (MQL). MetaQuotes was also very well received on
the market and many traders switched to this platform.
Development
of MetaTrader began a year later. Once again, the platform was written
from scratch. Its functionality and performance were increased, making
the entire platform by far more efficient than MetaQuotes. The Futures
market was added to the list of traded markets, and the client terminal
included a new language (MQL2).
With
its built-in modernization resource, MetaTrader continued to develop
and improve. The first mobile terminals (MetaTrader 3 CE and MetaTrader
for Palm) were released in 2003 and quickly became very popular. The
platform eventually became one of the most popular on the market.
However, despite the product's commercial success, our developers
decided that a better platform could still be created...
The
new product was also called MetaTrader, but had the new serial number
4, as it was the company's fourth platform. The creation of this
absolutely new, revolutionary platform took 20 months and was finally
completed on July 1, 2005. But it was worth waiting for: well before it
was released, dozens of brokerage companies announced their intention to
switch to the new platform. Several months after the release the
company faced increased demand from brokers.
Almost everything in MetaTrader was brand new: from the mobile terminals to
the distributed architecture of the whole platform. Once again, the
client terminal became the most functional and popular on the market.
The new platform also featured the revolutionary MQL4 IDE - trading strategy development environment, a crucial step in the development of automated trading programs.
MetaTrader 4 today:
- the only market leader
- over 300 client base
- extended back-office infrastructure
- the best client terminal
- the best automated trading
- the best mobile trading
The possibilities offered by the MQL4 environment pushed the company to organize the annual Automated Trading Championship in
2006. Although the company was completely new to the event planning
business, the competition went exceptionally well. It arouse great
interest among traders and brokers and triggered the development of
automated trading across the world.
To
address the company growth problem, MetaQuotes Software Corp. developed
a corporate management system. It had no name and was just called a
CRM. The success of this system helped the company continue to grow and
maintain its high efficiency. Working with the CRM and seeing its
advantages, the company realized that many companies face the same
growth and efficient management problems".
Recognizing
that a good management system can be an asset to any business,
MetaQuotes Software Corp. decided to create the TeamWox system, with
"total simplicity" as its guiding principle. Everything about the system
is simple: user-friendly interface, easy and quick installation, fixed
fair price, etc. These characteristics make TeamWox Groupware compare favorably with its competitors.
Development
of TeamWox Groupware took two years, and the system was released on
February 1, 2009. It was well received on the market and started
generating profits for the company. The promising first sales results
lead us to firmly believe in the successful future that lies ahead for
TeamWox Groupware.
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