OANDA kept its promise and introduced its MT4 Hedging Compatibility tool to clients in Japan after promising to introduce it to its European, Canadian and Asia-Pacific clients during the previous month.
This tool makes it possible for client to see positions with this instrument in an easy-hedging way on MT4. Thus the client could see summarized positions on any currency pair in a single net position, while having more of them on his main account. For this heding tool a specific sub-account will be opened on MT4 to provide this possibility for hedging.
Moreover, traders could use expert advisors related to hedging as a strategy and different robots, which could trade in contradictory way (open long and short positions against each other).
In this way, OANDA is trying to strengthen its role on Japan’s FX market related to MT4 trading, mostly afte YJFX and Monex halted their support of this platform.
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