MT5 gateway module

Market Depth Gateway (MT5)

A Depth of Market for your MT5 symbols without a liquidity provider: the gateway builds a multi-level order book from a plain top-of-book feed, publishes it to the server and confirms client orders at the volume-weighted average price of the book it published. Book shape per symbol from a rule table, an empty book whenever the feed goes stale, and a telemetry record of every fill for disputes.

brokertex.app / depth

Key features

How it works

  1. 1

    Add the gateway as a module in MT5 Administrator and point the chosen symbols' quote source to it, with a book depth of at least your level count.

  2. 2

    Add a Process to dealers routing rule for those groups and symbols, with the gateway as the dealer.

  3. 3

    Connect your price feed and fill the symbol map and depth rules; the shipped tables are empty, so nothing is published until you add rows.

  4. 4

    Check the status page and the DOM in a terminal, then open the symbols to clients.

Frequently asked questions

Does it work with MT4?

No. MT4 has no Gateway API, so Market Depth Gateway is MT5 only.

Is the depth real liquidity?

No. The book is synthetic and orders are B-book, filled at the VWAP of the book that was published. For A-book routing to liquidity providers, see Liquidity Hub.

What happens when the feed stops?

After a configurable number of seconds an empty book is published; new client requests are rejected by default while server-triggered requests are still filled at the last price.

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