Registered: May 2010
08-14-12 12:00 AM
for 10% the price of MT4, why it is not so popular among brokers?
From their website
"Solutions for Brokerages Large and Small - Stocks, Futures, Forex and Everything Else
As a brokerage you are probably paying exorbitant fees for a trading platform that you don't technically own, or you are concerned that your competitors are releasing so many updates and revisions that you can't keep up with them.
Or perhaps you have spent tens, if not hundreds of thousands of dollars to build your own platform that is just not living up to your expectations or your clients' expectations, yet is costing an arm and a leg to develop and maintain?
You're not alone. Brokerages all around the world have been searching for a better trading platform solution.
What You Should Know Before You Buy, Lease or Build a Trading Platform...
1. Buying and re-branding an off-the-shelf trading platform is very expensive and too restrictive.
2. Building a trading platform from scratch can be very time-consuming, frustrating and risky.
3. Leasing a trading platform and paying royalties is never sensible! Your clients can be held hostage.
4. Not having your trading platform source code means you're at the mercy of the technology provider.
I can not find any logical reason for not brokers using it