ForexTime (FXTM), a CySEC-regulated Forex broker, has launched the expected MetaTrader5 trading platform with the hedging possibility, becoming one of the first brokers to do so. This system will provide traders the opportunity to open deals, which are oppositely-directed, and just on a single symbol on real accounts in the fifth generation platform.
Through hedging, the FXTM’s clients will be able to open multiple positions per symbol, with those oppositely-directed ones. Together with the possibility of opening ‘locked’ positions, more sophisticated trading strategies could be now used by FXTM customers. Thus they can address both negative and positive price movements. Moreover, there will be a ‘close-by’ option for closing open positions in hedging accounts, allowing them to save on spreads.
An that§s not everything. Furthermore, the fresh new version of the MT5 platform provides to possibility to evaluate robots and indicators as close to the real conditions as possible, providing traders’ additional insight to enhance their trading strategies.
There are also other features like updated Market Depth where the traders could see the entire buy/sell prices spectrum, which is now available, or some user-friendly options in terms of language availability and an a new live chat system.
Jameel Ahmad, Vice President of Corporate Development and Market Research in FXTM stated on the upgrade to MT5 with the new hedging feature:
“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.”
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