software founded 2000 2000 headquarters limassol cyprus key people renat fatkhullin ceo products trading systems ; metatrader 4 metatrader 5 metatrader 4 mobile metatrader 5 mobile teamwox number of employees 50 website www.metaquotes.net metaquotes software corp. is a russian software company that specializes in the development of software for financial markets . metaquotes main focus is on forex trading software such as the metatrader family of online trading platforms metatrader 4 and metatrader 5 also known as mt4 and mt5 . metaquotes metatrader trading platforms are currently used by the majority of fx brokerage companies and banks around the world . 1 the company is registered in cyprus where it can better serve many of the worlds leading fx brokerage houses . 2 contents 1 history 2 automated trading championship 3 operations 4 references history edit metaquotes software corporation was established in 2000 in russia with the launch of fx charts an online charting package used for margin fx trading . it became popular with traders as it could be run on a windows pc and did not require dedicated and expensive equipment . in 2001 it released its second major version of the application and renamed it metaquotes which expanded the range of instruments that could be traded . in addition to currencies it also included support for the newly emerging cfds contracts for difference . the application also allowed users to write their own trading programs and strategies using its own metaquotes language mql . this substantially increased the flexibility and utility of the client trading platform . a chart from the mt4 trading screen in early 2002 it released its third version of metatrader . this again expanded the number of financial products with the addition of futures contracts but more importantly it expanded programming language for trading strategies with mql ii . a number of users and third parties started to develop functions and libraries using the new version of the built in programming language and apis . on july 1 2005 it released metatrader 4 or mt4 . this was a major overhaul of the platform . this version allowed the client trading platform to connect via an optional data center which dramatically increased the server side stability reduced server load and made it more resilient to security threats such as denial of service attacks . the client software was also upgraded with a new version of the c like language for trading strategies programming called metaquotes language 4 mql 4 . later that year metaquotes also released its first version of the trading platform for mobile devices . the mt4 communication protocol was not backward compatible with previous versions and metaquotes software refused to open the client api meaning all of the previous client developed code no longer worked . the client api did however significantly extend the functionality of the programming language for trading strategies with mql4 including support for a dll interface . this version of the software became popular with a large number of users and became the main product of metaquotes software for the next 5 years . in 2005 development of the teamwox a crm system started for the company internal use . in 2009 the first public commercial version of teamwox was released and went on to win various industry awards . 3 4 on june 1 2010 metaquotes software officially released metatrader 5 or mt5 the next version of its trading platform . 5 it expanded the number of products that could be traded from just forex to include stocks and commodities . 6 mt5 also includes a new version of the programming language called mql5 . the new mt5 client trading terminal differs in a number of ways from mt4 and was not backward compatible . 7 uptake of the new version was slow and by april 2011 metatrader had only 50 companies featuring the new version with over 400 companies remaining on mt4 mainly due to the lack of backward compatibility . additionally there has been an overall reluctance to adopt the new mql5 programming language . 8 on april 2011 metaquotes launched a service called mql5 cloud network which allowed users to sell their idle time for distributed computing tasks . 9 in 2011 metaquotes software corp. entered into a partnership with international business times to deliver integrated trading platform and newswire service . 10 in 2012 metatrader 5 trading platform has been certified for the singapore mercantile exchange . 11 metaquotes software has been granted isv status by the stock exchange . 12 automated trading championship edit between 2006 and 2012 the company conducted annual automated trading championship for software developers in mql4 with the aim of demonstrating the possibilities of automated trading . during this event specially written robotic computer programs face off against each other by analyzing the prices of various financial instruments and trading them in real time . under the terms of the championship all of the programs would run simultaneously for three months under identical conditions . the competition has been sponsored by mig bank fxcm dow jones & company and other companies in previous years . there was no championship in 2009 and the series has been cancelled after 2012 event . 13 operations edit the company is registered in the offshore zone of cyprus from where it makes sales and provides marketing and technical support to many of the worlds biggest forex brokers . 14 15 software development is primarily done in russia and the company has representative offices in turkey china singapore australia brazil united arab emirates south africa pakistan and thailand . 16 17 citation needed references edit finance magnates what is the 2nd biggest fx trading platform cysec investment firms best soft 2010 in russian . pc magazine re . 2010 11 21 . retrieved 2012 02 06 . best soft 2011 in russian . pc magazine re . 2011 11 21 . retrieved 2012 02 06 . retail e fx provider mt5 evolution or revolution . e forex magazine . 2010 10 01 . retrieved 2012 02 07 . exclusive interview with alexander saidullin director of trading platform development at metaquotes . fx trader magazine . 2010 07 01 . retrieved 2012 02 06 . retail e fx client mt5 widening the horizon for all forex traders . e forex magazine . 2010 04 01 . retrieved 2012 02 07 . interview with metaquotes lenar fatkhullin . forex magnates . 2011 04 29 . retrieved 2012 02 07 . statistics of the distributed cloud network . retrieved 2012 02 08 . ibtimes and metaquotes partner to deliver integrated trading platform and newswire service . forex magnates . 2011 02 01 . retrieved 2012 02 07 . smx certifies metaquotes trading platform . automated trader . 2012 01 19 . retrieved 2012 02 07 . vendors with smx . singapore mercantile exchange . retrieved 2012 02 07 . automated trading championship . metaquotes . retrieved 9 april 2015 . investing forex brokers based in cyprus the fx view why are there so many forex brokers in cyprus metaquates software contact . metaquates software contact . retrieved 7 may 2015 . saks mcleod andrew 3 june 2015 . metaquotes opens office in thailand . leaprate . retrieved 4 june 2015 . retrieved from https en.wikipedia.org w index.php title metaquotes software & oldid 740542996 categories software companies of russiafinancial software companiesrussian brandscompanies established in 2000hidden categories cs1 russian language sources ru all articles with unsourced statementsarticles with unsourced statements from april 2015 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print 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