MT4 Bridge / MetaTrader Bridge

MT4 bridge or MetaTrader bridge connects MetaTrader 4 trading platform and liquidity sources, ensuring trade execution and real-time pricing. 

Forex brokers and liquidity providers who don’t use a dealing desk solutions to execute trades themself utilise MT4 bridge software.

What exactly MT4 bridge does:

• Delivers liquidity by providing real-time price feeds from liquidity providers to the MT4 trading platform.
• Executes trades by routing orders from the MT4 platform to liquidity providers for processing.
• Allows slippage, delay, and markup management.
  
  

Why MT4 API Bridge?

Better connectivity

The FIX API or Financial Information eXchange Application Programming Interface plays a crucial role in optimizing connectivity for MT4 brokers. It provides standardized, reliable, and fast communication channel between the MT4 trading platform and liquidity providers.

Unlike traditional MT4 bridges, the MT4 FIX API bridge enables direct trade execution, reducing latency and enhancing order flow efficiency.

Flexibility

Another key advantage of using an MT4 FIX API bridge is its flexibility and scalability. FIX API technology allows brokers to customize order routing, manage risk dynamically, and access multiple liquidity pools without being limited by the constraints of MT4’s internal trade processing.

Additionally, it supports advanced trade management functions, such as partial fills, hedging, and multi-asset execution, ensuring greater control over order execution. For brokers looking to optimize performance, increase execution transparency, and improve overall trading conditions, an MT4 API bridge is an indispensable solution.

MetaTrader bridge vs MT5 gateway

While MetaTrader bridges may appear to be more efficient and comprehensive due to their complexity, this perception can be misleading. The right approach is not to default to complexity, but to prioritize the specific business goals of each brokerage and select the solution that aligns best with those needs. To help brokers determine which technology is more suitable, it’s important to consider the key differences between liquidity bridges and gateways.

Symbol configuration

One example is the initial symbol configuration, which can be particularly time-consuming. A bridge works with three separate symbol lists: one from the liquidity provider, one from the trading platform, and an intermediate list within the bridge itself. To enable trading, these lists must be accurately mapped to each other, often requiring considerable effort from the broker. However, this complexity comes with a clear advantage — the ability to fine-tune a wide range of parameters at every stage of the symbol configuration process.

Routing

When using a gateway, trades are routed directly from the trading platform to the liquidity provider. On the platform side, a routing rule determines how the trade is processed — it is then passed through the gateway and sent to the provider without any additional aggregation or intermediate steps.

MetaTrader bridges, on the other hand, function differently. They act as an additional layer between the trading platform and the liquidity provider. Once a trade is created, it typically passes through a gateway or an MT4 plugin, exits the trading platform, and enters the bridge. From there, the trade request is forwarded via a FIX session to the liquidity provider for execution. This extra stage in the transaction flow can impact performance, particularly when processing pending orders.

MetaTrader Bridge from Takeprofit Tech

MT4 bridge connects several liquidity providers to the MetaTrader trading platform, ensuring aggregation of receiving data. This way, you may achieve the best trading conditions for your clients, providing them with the tightest spreads and enticing prices.

• Takeprofit MT4 bridge software supports 35 liquidity providers, including 5 most popular crypto exchanges: Binance, Bitfinex, Okcoin, Kraken, Alpaca. We will add any new liquidity provider per your request.
• Takeprofit MT4 API bridge offers A-book, B-book, and hybrid trade execution. It enables the creation of multiple groups of traders to execute high-performing traders on your liquidity provider while processing the other groups in-house.
• The bridge is WL-friendly. Each white-label broker can have their own liquidity bridge with independent liquidity provider and symbol configuration.
• The bridge provides an Excel-style configuration tool for setting up execution and routing rules, allowing you to apply slippage, delays, and markups as needed. As a result, when clients view prices in the market watch, they see rates that already include your markups:
  
  
  
• With the Takeprofit MT4 Bridge, you are not limited to just one trading server. Instead, you can connect all your trading servers and liquidity providers to a single liquidity aggregation platform and manage all parameters from one place.