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Briefly and basically... And this is something that can really dramatically affect the activity of each particular trader, so it is worth to deal with it separately and be sure to clarify this information before you start working at a brokerage company...
 
is there a way to look at the liquidity within a broker and how would i do that?
 
It is important to choose a broker which suits best to your trading strategy. This is why it is quite important to conduct good research of brokers on the market and see which one suits best for your trading needs. Start research with legitimate brokers and stick with those
 
Both include specialist advisors with groundbreaking electronic trading programs.

MT4 was primarily developed for forex traders, while MT5 was designed to offer CFDs, stocks and futures access to traders.

  • When it comes to both the platforms then the MT4 offers only hedging whereas the MT5 trading platform offers hedging and netting both.
  • MT4 is embedded with MQL4 language on contrary to that MT5 is embedded with MQL5 language chat functionality. The MQL5 language was originally the only platform that made it easy for trading robots and other expert advisors to be used by individuals. Just a few years ago, though, MetaQuotes made this feature available to MT4 users too.
  • On MT5 trading platform funds can easily be transferred between the accounts without any interruptions and delay.
  • MT4 is intended for CFDs, while MT5 is designed with various trading instruments to trade on and a trading network that includes all kinds of trading instruments of financial markets such as stocks, indices, futures, and Forex.
  • MT5 is stronger than MT4 and is more productive. MT5 is a multi-core, 64-bit platform, while MT4 is a 32-bit platform.
  • All these MT4 and MT5 include internal mailing systems, but with attachments, MT5 provides this function.
  • When it comes to chart and analysis then both MT4 and MT5 trading platforms work best for traders. But when it comes to the comparison then, MT5 offers more technical indicators, more graphical objects and in comparison to ordinary timeframes, MT5 offers more timeframes that are most profitable for day traders.
Let’s know which one is best suitable for your brokerage business:

Well, the answer is that it completely depends on the trader as in how easily they could trade and handle the trading platforms.

MT5 surely comes with a few more added features and tools as compared to MT4 but for the novice traders, it might be a bit complicated to use MT5.

MT4 trading platform is surely easy to use and could be used conveniently. But in case, if you have got really experienced traders, then going with MT5 is surely a great option.

But all in all the conclusion to the above statements is that MT4 is the best choice and widely accepted trading platform globally.

Launch FXM is a technology pioneer and offers the best technology solutions in the market. Launch FXM offers both MT4 and MT5 trading platforms to trade but let’s know the difference between the two and which one you should be opting for.
 
If you are into the forex business, you surely understand the importance of Forex Brokerage Tools that help in the profitability and productivity of the forex brokerage business.

Let us put some light on the essential forex brokerage tools:

Forex CRM:
CRM which is known as Customer Relationship Management is the most important tool when it comes to running a successful business.

CRM is also known as the backbone of the organization as it gulps all the information about your clients and the activities, etc. Being a single software it is of multi-utility.

Not only does this tool serve as an all under one roof platform, but it also enables you to execute marketing strategies, cross-selling and upselling to current customers, and establish brand recognition between traders, all personalized and automated centered on exclusive information.

A good forex CRM helps in Accounting and analysing also it helps in generating reports and helps in increasing the sales by promptly listing down the data required helping management get the utmost solution.

Click the below link and have a look at the features of our Forex CRM:


Copy Trader:
For traders who lack experience in a forex market or who have minimal time to dedicate to trading for them copy trading is an ultimate solution.

Copy trading is where the positions of one trader are copied when they are opened or closed by another trader’s account. This can be either automatic or manual, and it’s up to a person to decide how they want to do copy trading.

Copy-trading or social trading is one of the finest forex brokerage tools that lead to profitability where a novice trader could easily copy the strategies of the experienced trader and eventually they could grow into a confident and reliable trader.

Risk Management Tool:
The risk management tool is one of the most essential and effective tools to be used in order to generate the productivity of the business.

As we all know that the forex market is highly volatile and unpredictable which could lead to uncertainties and certain risks.

With a proper risk management tool, one can easily encounter the risks and could take effective measures to overcome them.

A good risk management tool removes unnecessary losses for your client hence growing your efficiency. In order to be able to handle multiple traders or trading groups and various positions that contribute to optimum customer loyalty and profitability for your brokerage, you should be able to track your positions and risk at any given time.

Conclusion:
All the above mentioned Forex Brokerage Tools are highly recommended for all the forex brokers either you are new to the business or maybe experienced. By using these tools you can increase the growth of your forex brokerage business making it run for a longer period of time.
 
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