ECOMMPAY starts providing built-in payments in MetaTrader 5


20 October 2023

ECOMMPAY payment service provider has entered into an agreement with MetaQuotes and joined the MetaTrader 5 Payments service. Now brokers working with this PSP can receive deposits and process withdrawals directly on the platform, while traders can perform the relevant operations without logging into their personal account on the broker’s website. The new feature shortens the chain of actions during deposit operations, which boosts conversion, as well as increases the number and volume of deposits. All transactions are securely encrypted and are completely safe.

ECOMMPAY starts providing built-in payments in MetaTrader 5

"Traders are able to see for themselves that the MetaQuotes solution is faster, more convenient and safer than those currently available on the market," says MetaQuotes CEO Renat Fatkhullin. "ECOMMPAY has become the first to join MetaTrader 5 Payments. For our company, this cooperation opens up new prospects, and we are open to working with other providers".

The award-winning company ECOMMPAY offers its customers over 100 different payment methods with more than 100 different currencies and handles payments in over 150 countries around the world. Among other industries, the company works with a variety of brokers and is regulated by the UK Financial Conduct Authority (FCA). It has more than 10 years of history and the company has proven itself as a reliable provider.

MetaTrader 5 Payments service is a free solution which simplifies client onboarding, increases deposit transaction conversions and reduces broker costs. This is an excellent solution for experienced companies and especially startup brokers, who will find it easier to launch their own business without the extra costs of developing and implementing their own payment system. To start accepting payments via the platform, a brokerage company needs to enter into an agreement with a supported PSP and specify authorization data in the platform. From now on, all of its clients will have the opportunity to top up funds via the MetaTrader 5 Desktop terminal. In the near future, the feature will be available on mobile terminals for iOS and Android, as well as on web terminals.