LMAX Global announced this Tuesday that it is launching a MetaTrader 5 (MT5) white label solution for brokers. Run in partnership with Tools for Brokers (TFB), a brokerage software provider, the white label solution will grant brokers access to all of LMAX Global’s markets, including FX, cryptocurrency, and commodities.
TFB already has a wealth of experience in making add-ons for MT5 software. Brokers using the software developer’s products can already access money management, client protection and compliance features on the MT5 platform. All of the technical support for the white label solution with LMAX Global will be provided by TFB. Brokers will be able to access LMAX Global’s liquidity and use TFB’s MT5 trading tools and plugins.
An ongoing relationship
Today’s announcement follows on the heels of an ongoing agreement between TFB and LMAX Global surrounding the MetaTrader 4 (MT4) platform. This partnership saw the two firms agreeing to connect LMAX Global to TFB’s MT4 Bridge. MT4 Bridge solutions generally connect users to the interbank FX market. Under this agreement, TFB’s solution connects brokers to LMAX Global’s markets, including the firm’s cryptocurrency markets.
Commenting on her firm’s decision to partner with LMAX Global, Albina Zhdanova, COO of Tools For Brokers, stated: “We are happy to partner with LMAX Global and jointly supporting liquidity and technology needs of both MT5 and MT4 Brokers. I do believe that combination of our expertise and product breadth will enable our broker clients to grow their business and gain access to global liquidity for products including FX, Indices, Commodities, precious metals and crypto currencies.”