Cyprus based trading platform provider MetaQuotes has announced that HonorFX, an offshore Retail FX and CFD broker, has switched to its MetaTrader 5 (MT5) platform, which enables trading in major financial markets. The company offers over 165 trading instruments across five assets classes via three different account types.

Andrew Ishchuk, CEO of HonorFX stated:

“We are confidently growing by utilizing the best trading platform in the market, offered by MetaQuotes. Therefore, we do not consider the addition of any other platforms. MetaTrader 5 meets all of our clients’ needs, thus we can stay focused on further sales and expansion goals.”

HonorFX is a brand name of Honor Capital Markets Limited. Founded in 2018, the company provides services to clients from the Middle East, North Africa and Asia. The company offers region-specific products and services to meet local requirements. For example, it provides swap-free Islamic accounts for traders from the Middle East. Currently, HonorFX said that it is focusing on further business expansion into Asia and Africa. The HonorFX group includes subsidiaries in Mauritius, Malaysia, and St. Vincent & The Grenadines. The company is managed from Dubai.