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MetaQuotes Software Corp. Redefines Cloud Computing

MetaQuotes Software Corp. Redefines Cloud Computing

DAILYHOSTNEWS, October 17, 2011  – MetaQuotes Software Corp. has officially launched its MQL5 Cloud Network service today. With this new service, they hope to create their own cloud computing available to programmers and researchers.

This is how MQL5 Cloud Network works: if a person has a computer that is not occupied for a certain time, he or she may rent this computing power to those who need it. For instance, such spare resources can be used by developers of automated trading systems (trading robots) or researchers who may need large amounts of computation. The owner of the leased computer receives fees for providing the resources.

“Initially we wanted to provide additional computing resources to developers,” said Renat Fatkhullin, CEO MetaQuotes Software Corp. “However, over time, we realized that we had organized quite a powerful computational tool with virtually unlimited scalability. Especially for this service, we have developed a new site with a billing system, and now anyone can use the vast computing capabilities of our network to solve absolutely any problems.”

All programs for the MQL5 Cloud Network are created in the specialized trading strategy development language MQL5 (MetaQuotes Language 5). However, this language is very similar to C++ in terms of syntax and performance. Therefore, if one has experience in C++ development, writing a program will be easy and quick.

For one to become a member of the MQL5 Cloud Network and receive fees from the rental of his/her computer’s resources, he/she needs to register on To use the computing power of the network, he/she needs to register on the site and deposit money into his/her account.

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“By launching the MQL5 Cloud Network, we want to help developers of trading robots, other software developers and researchers. We hope that the computing power of our network will be of great assistance to them in solving their tasks,” continued Renat Fatkhullin.

About MetaQuotes Software Corp.
MetaQuotes is a professional trading platform developer with over 10 years’ experience. During this time, the company has become the market leader in retail Forex. With the MetaTrader 5 trading platform, the company plans to enter the stock markets.

About MQL5
MetaQuotes Language 5 (MQL5) is a C++ like language for programming trading strategies built into the MetaTrader 5 trading platform. The MQL5 development environment also includes an editor with a debugger, a tester and an execution module.

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