RoboForex, an automated forex broker regulated in Cyprus and Belize has opened the registration for MetaTrader 5 (MT5) hedging accounts. They allow the broker’s clients to open multiple oppositely directed positions in the same instrument and use the locking option.
The broker informs that its clients who had an MT5 trading account before the latest release of the platform, will continue to use the old terms (netting system). Those who wish to use hedging, must open a new MT5 trading account and select the “Hedging system” option. Clients must also check if they have a release of the MT5 terminal that supports hedging – Build 1325 or later. Normally, the terminal updates automatically to its latest version when it is restarted.
According to the RoboForex statement, the MT5 hedging and locking options are much similar to those of the MetaTrader 4, but the newer platform is more powerful and faster. The broker notes, that the introduction of the new features paves the way for the mass transition to the more advanced MT5.
The latest version of MT features:
– Order execution in several transactions.
– Testing trading robots according to the real tick history.
– Multithread testing using MQL5 Cloud Network agents.
– Using robots (advisors) for several trading instruments simultaneously.
– Online chat for communicating with other traders.
– Updated User manual with graphics and videos.
– New trade operation type – closing a position by an opposite one (Close By).
– Combined pending orders (Buy Stop Limit and Sell Stop Limit).
– 21 timeframes.
– Economic calendar.
– MQL-programs execution speed much faster than MT4.
– 64 bit support.
MetaQuotes rolled out the hedging option for MT5 with a beta testing version in the end of March and a month later released the aforementioned Build 1325, which also features account migration from MT4.
RoboForex is an automated forex broker regulated in Cyprus and Belize. It offers trade in currencies and CFDs on stocks, indices and spot oil. The leverage is up to 1:1000 and no minimum deposit is required. The trading platforms that can be used for trading via RoboForex are MT4, MT5 and cTrader.
The RoboForex group consists of the holding company RoboForex Financial Group and its units RoboForex, regulated by Cyprus’ Securities and Exchange Commission (CySEC), RoboTrade Ltd. regulated by the International Financial Services Commission (IFSC) of Belize and RoboForex LP, based in New Zealand.