Another Turkish broker GCM Forex launches MetaTrader 5

The MetaTrader 5 trading platform has further expanded its presence in Turkey. This time, one of the leading Turkish forex broker GCM Forex started offering the multi-asset platform to their traders.

"As GCM, we are glad to announce that we have launched MetaTrader 5 in a trading environment with changing trends and different customer needs", says Alper Nergiz, CEO of GCM Forex. "The introduction of this new trading platform will make a significant contribution to GCM’s product range. MetaTrader 5, providing user friendly trading and technical analysis tools, is expected to have positive impact on the trading activity of our clients".

Alper Nergiz, GCM Forex

"After the new regulatory amendments, the leverage decreased from 1:100 to 1:10 in Turkey. Now, our existing and new potential clients are even more interested to use the multi-asset platform", comments Emre Peser, Deputy Chairman of MetaTürk Software. "They can provide better services to their clients with the power of the MetaTrader 5 platform. Nowadays, brokers are mainly focused on futures trading via this platform, and after the completion of stock exchange integration with Borsa Istanbul the number of MetaTrader 5 brokers is expected to further increase".