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XiroLink vs MetaQuotes Ultency
Ultency is MetaQuotes’ own aggregation and order matching engine for MetaTrader 5. XiroLink is a liquidity bridge that prices every platform you run. They solve different problems, so here is what each does, what each costs and when each fits.
- Flat monthly pricing from $799 with no volume fees, so costs do not grow with your flow
- LPs over FIX 4.4 or TCP, platforms over FIX, TCP or WebSocket, plus MT4 and MT5 datafeeds
- Best price or priority with failover, chosen per symbol
Ultency
What Ultency is
From MetaQuotes’ own announcements and industry coverage.
- MetaQuotes’ native solution for liquidity aggregation and order matching, designed specifically for MetaTrader 5.
- Priced on traded volume: $1 per $1 million traded, with progressive discounts for higher volumes. Fixed monthly fees and the minimum monthly fee were removed in December 2025.
- A growing list of liquidity providers offer their liquidity through it, including GMG Prime, Scope Prime and Luramic.
Side by side
XiroLink and Ultency
Where a detail is not public, it says “Ask MetaQuotes”: put those questions to them directly.
| XiroLink | MetaQuotes Ultency | |
|---|---|---|
| What it does | Distributes prices: aggregates your LPs, maps symbols, applies your markups and streams prices to your platforms. Orders stay with your platform’s execution setup. | Aggregates liquidity and matches orders inside MetaTrader 5. |
| Platforms | MetaTrader 5 and 4 through datafeeds, web terminals and apps over WebSocket, and FIX and TCP clients | MetaTrader 5 |
| Pricing model | Flat monthly: $799, $1,499 or $2,499. No volume fees. | On traded volume: $1 per $1 million, discounts at higher volumes (reported) |
| Liquidity providers | Any LP over FIX 4.4 or TCP, a market data feed, or XiroLink data packs | LPs that connect to Ultency |
| Works with Centroid | Yes, both ways | Ask MetaQuotes |
| Spreads per platform or client group | Markup profiles per taker, fixed spreads, symbol variants and one-click news multipliers | Ask MetaQuotes |
| Synthetic instruments | Formula crosses and baskets, and eleven families of generated indices | Ask MetaQuotes |
| Risk books and dealing desk | Coverage and house book accounts with live P&L and exposure, and a dealing desk | Ask MetaQuotes |
| Market depth for web terminals | Generated depth and sentiment per asset class, in every plan | Ask MetaQuotes |
| Hosting | Hosted for you on your own server with a fixed IP; 99.9% SLA on Enterprise | Ask MetaQuotes |
Cost example
Volume fee or flat fee
At the reported $1 per $1 million traded, before Ultency’s volume discounts, which are not published. XiroLink’s plan depends on your LPs and platforms, not on your volume.
| Monthly traded volume | Ultency, reported rate | XiroLink Standard | XiroLink Professional |
|---|---|---|---|
| $100 million | $100 | $799 | $1,499 |
| $250 million | $250 | $799 | $1,499 |
| $500 million | $500 | $799 | $1,499 |
| $1 billion | $1,000 | $799 | $1,499 |
| $2.5 billion | $2,500 | $799 | $1,499 |
| $5 billion | $5,000 | $799 | $1,499 |
A monthly fee only. Your LPs, hosting and other services cost extra either way, and the two products do different jobs, so compare total cost for your own setup. Confirm current pricing with MetaQuotes before you decide.
Ultency may suit you if
- You run MetaTrader 5 only and want MetaQuotes to aggregate and match orders inside it
- Your monthly volume is low, so a volume-based fee stays small
- Your liquidity providers already offer their liquidity through Ultency
XiroLink suits you if
- You price more than MetaTrader 5: MT4, a web terminal, an app or FIX clients
- You want your costs flat as your volume grows
- You want your own pricing layer: markups per platform, fixed spreads, variants, synthetic instruments
- You keep risk books and want a dealing desk and exposure in the same dashboard
- You work with Centroid or want your own server and fixed IP for your LPs
MetaQuotes Ultency is a product of MetaQuotes. XiroLink is not affiliated with MetaQuotes.
Checklist
Questions to ask MetaQuotes Ultency and XiroLink
Vendors change their terms, so we only answer for XiroLink. Ask MetaQuotes Ultency the same questions and compare the answers side by side.
Pricing
- How is it priced, and is there a volume fee?XiroLink:Flat monthly plans: Standard $799, Professional $1,499, Enterprise $2,499. No volume fees.
- What does growing cost?XiroLink:Extra LPs and modules are $200 a month each. Enterprise is unlimited.
Connectivity
- How do liquidity providers connect?XiroLink:FIX 4.4, TCP or a market data feed (forex, metals and crypto), each with its own session, reconnect and silent-feed watchdog.
- Does it work with Centroid?XiroLink:Yes, both ways, following Centroid's FIX 4.4 specifications.
- Can several bridges share one LP connection?XiroLink:Yes. Xiro Connect shares prices between your bridges with a share key and fixed IPs.
- Does it route orders, or distribute prices?XiroLink:XiroLink distributes prices. Orders stay with your platform and the execution setup you already have.
- How do my platforms connect?XiroLink:FIX, TCP or WebSocket, and MetaTrader 4 and 5 datafeed plugins.
Pricing engine
- How are prices from several LPs combined?XiroLink:Per symbol: one maker, best bid and ask, or priority with automatic failover.
- Can each platform get its own spreads?XiroLink:Yes. Markup profiles per taker with default points, three one-click multipliers, spread minimum and maximum, and a guard that never sends a crossed quote.
- Can I create synthetic instruments?XiroLink:Formula symbols and eleven families of generated indices, included from Professional.
Risk
- Can I keep books for coverage and house accounts?XiroLink:Yes. Ledger, live P&L, growth, drawdown and exposure, included from Professional.
Operations
- Can I change configuration without a restart?XiroLink:Yes. Changes apply live, and single connections restart on their own.
- How will I know when something breaks?XiroLink:A dashboard of what needs attention, stale price alerts per symbol, and alerts by email, Telegram, Slack or Teams and webhooks.
Security
- How is access secured and audited?XiroLink:Two-factor sign-in, admin and viewer roles, IP blocking and an audit log of every change.
Service
- Who hosts it, and is there an SLA?XiroLink:We host it, each broker on its own server with a fixed IP. Enterprise adds the region of your choice, its own subdomain and a 99.9% uptime SLA.
Comparing XiroLink with MetaQuotes Ultency?
We connect a demo bridge to your LPs and platforms and show you the cost for your own volume and setup, so you can decide on facts.