SÃO PAULO, Aug. 5, 2015 /CNW/ - The MetaTrader 5 trading platform has further expanded its presence in Brazil. The country's second-largest broker Rico Corretora has launched MetaTrader 5 for Stocks, Futures and Options trading with BM&FBovespa. Now the main Brazilian brokers are offering the world's most powerful trading platform.
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"We are happy to offer this powerful cutting-edge platform to our clients who trade on BMF&Bovespa," says Everson Ramos, IT Director of Rico Corretora. "Traders get access to the rich functionality of MetaTrader 5, including everything from trading and analytical functions which have become a de facto industry standard, to the Market of ready-to-use trading robots, copy trading and built-in virtual hosting. Certainly our cooperation with MetaQuotes opens new horizons to our clients and further increases our competitive advantage."
MetaQuotes Software has repeatedly expressed interest in the South American market. To strengthen its position in the region, the company opened MetaQuotes Brazil office in São Paulo in 2012, proceeded to certify its platform at the Brazilian BM&FBovespa Exchange and developed a dedicated MetaTrader 5 BM&FBOVESPA Gateway to implement connectivity to the exchange.
"Latin America is an attractive market with great need for more advanced technology such as MetaTrader 5 platform," says Gaies Chreis, COO of MetaQuotes Software Corp. "We've done a great deal of work to expand MetaTrader 5 in the Brazilian market. The number of traders using our platform is actively growing. Furthermore, to promote our products and services we hold various trading contests. We are proud of the fact that now Rico Corretora, along with other leading Brazilian brokers, offer MetaTrader 5 to their clients, thus covering the overwhelming share of the market!"
About MetaQuotes Software
Established in 2000, MetaQuotes Software Corp. has been developing trading platforms for financial markets under the MetaTrader trademark. The organization is internationally known as a leader in the financial software market. MetaTrader trading platforms are currently offered by more than 750 brokerage companies and banks all over the world.
About Rico Corretora
Rico Corretora is the second largest independent retail broker in Brazil. This is a private trader oriented company offering a broad range of financial products and services. More than 90,000 Rico's customers trade in financial markets using the knowledge base and technology provided by the company.
SOURCE MetaQuotes Software Corp.