MT4 purchase vs. MT4 private label decision

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Most firms running MT4 are hiring third-party expert providers.

CMAP logoInteresting analysis posted by MT4 solutions provider CMAP, on the decision Forex firms face in whether to set up and run MT4 on their own, or to hire a third-party firm such as CMAP and pay a volume-based fee for service. (Full disclosure – as you can see at right, CMAP is an advertiser on LeapRate).

In the past few months we have seen an increasing number of announcements from MT4 solution providers – everything from new mobile solutions to extra-low-latency capabilities – as the area heats up, and as Forex firms which had shunned MT4 for a long time (e.g. Oanda, Saxo Bank) have given up and added MT4 capabilities, given the large universe of traders who swear by it.

And not surprisingly, there seems to be a shortage in the market of experienced MT4 tech people, including a recent listing in our Executive Search Forex jobs site – for more details click here.

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Guest Thursday, 17 April 2014

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