On Wednesday, MetaQuotes Software Corp., a Russia-based professional trading platforms developer with over 10 years of experience, added one more app to the market for phones powered by the Android OS - MetaTrader 5 Android. The new mobile trading platform has been designed to run on all smartphones and tablet computers that are powered by an Android OS and is the company's second application for mobile trading. Earlier this year, it released the MetaTrader 5 iPhone, as well as three significant updates to the same.

In a nutshell, the MetaTrader 5 Android is an extremely handy tool for the stock broker on-the-go. The application allows users to trade on financial markets from anywhere in the world, by connecting them to trade servers of brokerage companies and trade in both Forex and stock markets. The MetaTrader 5 Android receives real-time prices of financial instruments and also allows users to view their trade histories. The functionality of the platform is to be further expanded in the forthcoming versions, with the inclusion of charts and tools for detailed technical analysis.

We are counting on the development of mobile trading. We expect a significant growth in the share of mobile trading over the next 2 to 3 years. To spur this process on, we will distribute our mobile platforms free of charge, said Renat Fatkhullin, the Chief Executive Officer (CEO) of MetaQuotes Software Corp., in a statement.

The MetaTrader 5 Android is now available online in the Android Market.