COSS, one of the oldest cryptocurrency trading platforms, has introduced an MT5 terminal for all its users.
The MT5 terminal is a platform used by professional traders all over the world to trade multiple markets. COSS users will now be able to trade forex, indices, CFDs, commodities along with the most popular cryptocurrencies through their COSS accounts.
Trading on the COSS MT5 terminalwill be available across web, Windows, iOS and Android applications.
Traders on the platform will be offered advanced order types, instant order execution with minimum re-quotes, integrated deep liquidity, tight spreads, ultra-low latency, and therefore the ability to deploy advanced trading algorithms across all markets.
Other features include copy (or social) trading with expert traders, advanced tools for market analysis, trading signals, demo accounts to test trading strategies, and trading compatible across multiple devices.
Leverage trading on crypto assets will be available at 1:3 maximum initially, in addition to trade spot contracts.
COS, the native exchange token of COSS which allows holders to receive 50% of trading fees generated by the exchange, will also be available on MT5 for trading on spot contracts.
COSS is currently revamping its offerings following a recent acquisition by a group of investors in February, this year. The exchange is already in the process of migrating old users to the new platform.
The current team is leveraging partnerships with other platforms to launch more trading options for new and existing users, retail and professional traders alike. This includes a decentralised exchange to be launched in the near future which will allow users to be in complete control of their funds at all times.
“We have broadly categorised our current and potential user base to identify their trading preferences. The idea is to have something for everyone, so we can not only achieve the original vision of COSS to be a Crypto One Stop Solution but go beyond to offer a complete suite of trading options.
We offer low fee fiat deposits with major credit and debit cards along with an instant swap engine on our website to existing users – for those who prefer to get physical delivery of assets, hold and exchange to other assets once in a while.
The COSS MT5 terminal caters to intermediate and advanced traders who prefer to trade forex, crypto and other traditional markets on a more feature-rich platform. MT5 terminals are battle tested and trusted by professionals all over the world, and we are pleased to add it to our product suite,” commented Satyarth Mishra, marketing and community operations lead at COSS.