MetaQuotes
Software, the dominant provider of trading platform technology, has implemented
a significant price increase for its flagship MetaTrader products, affecting brokers worldwide.
Industry
sources confirmed to Finance Magnates that the increase ranged between
20% and 25%, translating into additional thousands of dollars in monthly expenditures in the increasingly competitive contracts for
difference (CFD) industry.
MetaQuotes Raises Platform
Fees 25%
The
company’s 20-25% price hike, effective January 1, pushes the monthly cost for a
comprehensive MetaTrader package to approximately more than $50,000 for brokers
using both MT4 and MT5 platforms, Finance
Magnates RU learned. However, it should be noted that this data is based solely on information obtained from a few firms that wish to remain anonymous, and the final cost depends on the individual offer negotiated with MetaQuotes.
It does not change the fact that the move
marks another milestone in the company’s pricing strategy, which has seen
substantial increase over the past decade.
For
brokers, however, this should not come as a surprise. Finance Magnates
reported earlier
in December that MetaQuotes is preparing to increase MetaTrader licensing
fees by “at least 20%,” and all interested parties have most likely
been officially notified.
MetaQuotes
justified the increase in a client memo, citing rising operational costs and
investments in service quality. However, the timing of the announcement, just
before the Christmas holidays, might have caught many brokers off guard.
“We would
like to notify you of an upcoming amendment to the monthly license fees of the
MetaTrader 4 products,” MetaQuotes wrote to its clients two months ago. “Our
commitment to providing you with the highest quality products and services has
led to an increase in operating costs which, ultimately, necessitated this
price update.”
Pricing Structure
The new
pricing structure particularly impacts brokers utilizing the full suite of
services, including mobile and web terminals, white label solutions, and server
infrastructure. A complete MT4 package now costs around $35,000 monthly, while
MT5 services add another $20,000 to the bill. Thus, for an all-inclusive package that includes support and maintenance, a brokerage could pay $55,000.
However, It
is important to remember that brokers rarely can afford both MetaTrader series
platforms. In practice, many firms do not use the full range of solutions
offered; for example, not every broker requires white label solutions or an
additional server.
Based on
rough calculations, brokers providing both MT4 and MT5 platforms to their
clients are estimated to have started paying MetaQuotes approximately $20,000
to $25,000 per month, effective from January 2025.
Finance
Magnates’ sources
also claim that each offer is different and that MetaQuotes has separate deals
with various brokers. Consequently, the final values may differ from those assumed above.
MetaQuotes Monopoly
In the
retail trading sector, the company behind MetaTrader platforms holds an
unrivaled position, with their two flagship products dominating the market. The
firm is actively encouraging brokers to transition to their latest platform
iteration, MetaTrader 5, by discontinuing new license distribution for its
predecessor.
Recent
market analysis conducted by Finance Magnates Intelligence indicates
that trading volumes on the newer platform are expected to eclipse those of its
older counterpart this year.
The tech
provider has further strengthened its market control by implementing stringent
licensing requirements, particularly affecting international operators. This
strategic move was highlighted when the company took decisive action against
unauthorized platform usage targeting U.S. customers through proprietary
trading services.
This article was produced with the assistance of Vadim Svidersky, a contributor at Finance Magnates RU.
MetaQuotes
Software, the dominant provider of trading platform technology, has implemented
a significant price increase for its flagship MetaTrader products, affecting brokers worldwide.
Industry
sources confirmed to Finance Magnates that the increase ranged between
20% and 25%, translating into additional thousands of dollars in monthly expenditures in the increasingly competitive contracts for
difference (CFD) industry.
MetaQuotes Raises Platform
Fees 25%
The
company’s 20-25% price hike, effective January 1, pushes the monthly cost for a
comprehensive MetaTrader package to approximately more than $50,000 for brokers
using both MT4 and MT5 platforms, Finance
Magnates RU learned. However, it should be noted that this data is based solely on information obtained from a few firms that wish to remain anonymous, and the final cost depends on the individual offer negotiated with MetaQuotes.
It does not change the fact that the move
marks another milestone in the company’s pricing strategy, which has seen
substantial increase over the past decade.
For
brokers, however, this should not come as a surprise. Finance Magnates
reported earlier
in December that MetaQuotes is preparing to increase MetaTrader licensing
fees by “at least 20%,” and all interested parties have most likely
been officially notified.
MetaQuotes
justified the increase in a client memo, citing rising operational costs and
investments in service quality. However, the timing of the announcement, just
before the Christmas holidays, might have caught many brokers off guard.
“We would
like to notify you of an upcoming amendment to the monthly license fees of the
MetaTrader 4 products,” MetaQuotes wrote to its clients two months ago. “Our
commitment to providing you with the highest quality products and services has
led to an increase in operating costs which, ultimately, necessitated this
price update.”
Pricing Structure
The new
pricing structure particularly impacts brokers utilizing the full suite of
services, including mobile and web terminals, white label solutions, and server
infrastructure. A complete MT4 package now costs around $35,000 monthly, while
MT5 services add another $20,000 to the bill. Thus, for an all-inclusive package that includes support and maintenance, a brokerage could pay $55,000.
However, It
is important to remember that brokers rarely can afford both MetaTrader series
platforms. In practice, many firms do not use the full range of solutions
offered; for example, not every broker requires white label solutions or an
additional server.
Based on
rough calculations, brokers providing both MT4 and MT5 platforms to their
clients are estimated to have started paying MetaQuotes approximately $20,000
to $25,000 per month, effective from January 2025.
Finance
Magnates’ sources
also claim that each offer is different and that MetaQuotes has separate deals
with various brokers. Consequently, the final values may differ from those assumed above.
MetaQuotes Monopoly
In the
retail trading sector, the company behind MetaTrader platforms holds an
unrivaled position, with their two flagship products dominating the market. The
firm is actively encouraging brokers to transition to their latest platform
iteration, MetaTrader 5, by discontinuing new license distribution for its
predecessor.
Recent
market analysis conducted by Finance Magnates Intelligence indicates
that trading volumes on the newer platform are expected to eclipse those of its
older counterpart this year.
The tech
provider has further strengthened its market control by implementing stringent
licensing requirements, particularly affecting international operators. This
strategic move was highlighted when the company took decisive action against
unauthorized platform usage targeting U.S. customers through proprietary
trading services.
This article was produced with the assistance of Vadim Svidersky, a contributor at Finance Magnates RU.
This post is originally published on FINANCEMAGNATES.
