MetaTrader complies with new NFA rules
LONDON & NEW YORK - MetaQuotes Software is upgrading MetaTrader, a white-label retail foreign exchange trading platform, for compliance with new US National Futures Association (NFA) hedging rules, ahead of the July 31 deadline.
MetaTrader is understood to be in use at about 400 brokers globally, including FXCM, FXDD and IBFX. As of the end of this month, FXCM will only have the platform available in the UK, as it is currently not compliant with the rule.
The hedging rule forbids foreign
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