Interesting 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.