Saxo shuts retail MT4 offering
Danish bank focuses on newly launched SaxoTraderGO
Saxo Bank has decided to shut down Saxo Capital Markets CT, a Cyprus-based provider of retail MetaTrader 4 solutions.
Licensed and regulated by the Cyprus Securities and Exchange Commission, the subsidiary owned by Saxo Bank has stopped taking on new clients and will cease operation in the coming months.
While the Danish bank recognises MT4 is a significant player in the industry, having achieved market share and success, it has chosen to focus on its core platform offering, which it believes to
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