Finance Feeds logo

FXTM updates to latest MetaTrader 5 platform to offer new hedging feature

Andrew Saks-McLeod, Head of Research and Analysis, ETX Capital

Retail FX brokerage FXTM now added the MT5 trading platform with the option of hedging. The position accounting system will enable traders to perform oppositely-directed deals on a single symbol on real accounts in the fifth generation platform. Hedging allows FXTM’s clients to open multiple positions per symbol, including oppositely-directed ones. With the ability to […]

MetaTrader 5 advances its hedging functionality

Retail FX brokerage FXTM now added the MT5 trading platform with the option of hedging. The position accounting system will enable traders to perform oppositely-directed deals on a single symbol on real accounts in the fifth generation platform.

Hedging allows FXTM’s clients to open multiple positions per symbol, including oppositely-directed ones. With the ability to open ‘locked’ positions, traders can now implement more sophisticated trading strategies which can respond to both negative and positive price movements. Traders can also use the new ‘close-by’ feature for closing open positions in hedging accounts, allowing them to save on spreads.

The latest version of the MT5 platform additionally offers the ability to evaluate robots and indicators as close to the real conditions as possible, giving traders’ extra insight to enhance their trading strategies. Other features include updated Market Depth giving users a view of all buy/sell prices available in real market time, and more user-friendly options in terms of language availability and an all-new live chat system.

Commenting on the MT5 update, Jameel Ahmad, Vice President of Corporate Development and Market Research said, “In line with FXTM’s commitment to provide traders the most innovative solutions in the industry, we are immensely proud to be one of the first brokers to offer the latest and most highly-anticipated version of the MT5 trading platform.

With the option of hedging, clients can take their trading to a whole new level. The latest version of the platform will empower traders to take more advantage of the changing market conditions and provide further precision over their trades – enabling them to implement, and maximize, on bidirectional trading strategies.”

This powerful platform – with its versatile technical and fundamental analysis features, and algorithmic and social trading options – has been attracting traders and brokers from the very beginning. Now, with the inclusion of hedging, MetaTrader 5 is an even more efficient, multi-asset trading system, providing users with a complete set of tools for trading in all financial markets.

Subscribe

Read this next

Fintech

Sterling to provide risk and margin support for fixed income

“Firms must have the tools to effectively manage their risk across all asset classes. As yields rise, we see more exposure from clients in the fixed income space. We understand their need to measure and mitigate risk in a highly regulated environment.”

Retail FX

FXOpen launches HK share CFDs: Tencent, Alibaba, Xiaomi, Baidu

Hong Kong share CFDs will be commission-free for a limited period of time.

Retail FX

IronFX Celebrates an Award-Winning Start to 2024 with a Series of Industry Recognitions

IronFX, a global leader in online trading, has embarked on 2024 with a spectacular display of accolades that highlight its commitment to excellence and innovation in the competitive financial services sector.

Industry News

FIA urges CFTC to regulate use cases rather than AI itself

“We urge the CFTC to refrain from crafting new regulations that generally regulate AI because this approach presents certain well-known pitfalls. By approaching the issue from the perspective of AI as a technology, rather than the use case for the technology, corresponding regulations would likely necessitate a definition of AI. We anticipate that any attempt to properly define AI would be very challenging and require considerable resources.”

Education, Inside View

The Power of Public Relations in Finance: Shaping Perceptions & Building Reputation

It’s safe to say that the finance industry has faced its share of reputation crises over the years, from the 2008 financial collapse to the many scandals around irresponsible lending, political corruption, and even Ponzi schemes. 

Journalists interviewing a man with blue and red microphone
Digital Assets

Crossover’s crypto ECN executed over $3 billion in Q1 2024

“Our growth is also driving continued increases in the percentages of trades that are ‘Order Crossing Order’ (OXO). Currently, roughly 10% of all trades executed on CROSSx are OXO, another differentiator in our platform’s capacity. This capacity and our unique execution model provide value to both the market maker and taker, as evidenced by our commercial model.”

blockdag

BlockDAG’s Explosive Presale Hits $20.3M In April Swaying Investors From XRP’s Price Trends Upward, & Polygon’s NFT Market

Learn about BlockDAG’s impressive $20.3M presale results, XRP’s price increase prospects, and the booming NFT market on Polygon among the top 10 cryptocurrencies.

Trading graph of top crypto presale of 2024
Retail FX

Financial Commission warns of Eplanet Brokers

The Financial Commission, a self-regulatory compliance specialist for the financial services industry, is ramping up its scrutiny of unregulated brokerage firms. Today, the independent association warned against a company called Eplanet Brokers.

The Financial Commission
Retail FX

Dubai crypto exchange steps into prop trading

Dubai-based cryptocurrency trading platform, CoinW Exchange, marked its sixth anniversary by announcing a rebranding initiative and launching a proprietary trading product.

<
✖