Rakuten Securities plans updates to MT4 demo accounts

Maria Nikolova

The changes will be implemented from Monday, February 25th.

Japanese online trading company Rakuten Securities, a subsidiary of Rakuten Inc (TYO:4755), is set to update its MT4 demo accounts on February 25th (Monday). The planned changes will allow traders to experience dealings in an environment similar to the one for live accounts.

Previously, the demo account trading did not reflect any swap charges. After the update, the demo accounts will reflect the same swap amount as the live accounts.

Another change will affect the market orders. Previously, they did not benefit from any positive slippage. After the change, the demo trades may incur negative or positive slippage.

The maximum total of open positions and orders will be limited to 3 billion yen.

The brokerage has recently released an updated version of its MARKETSPEED II platform.

The latest update offers a raft of enhancements, including the display of more information about stock prices. Another noteworthy improvement concerns order cancellation, as the platform now offers a new functionality in this respect – multiple order cancellation. Traders can make use of this functionality from the main window. All they have to do is click on the “Order” menu and then select “Cancel all”.

MARKETSPEED II is downloadable and, for the time being, is available only for PCs. It works with Windows OS only. The platform offers trading in domestic stock but the broker plans to expand the lineup in the future to include options, futures and US stock.

Regarding the enhancements the new platform presents to its users, the list includes higher speed of order execution, as well as faster speed of delivery of investment information.

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