Well, we really can help you with that! MT4 trading accounts are provided with a default leverage of 1: We may obtain information about you by accessing cookies, sent by our website. To download the MT4 platform click here.
Released in , the MetaTrader 4 online trading platform was just the kind of software that made it possible for a great number of retail forex traders to speculate and invest in currency exchange and other financial instruments from virtually every spot of the world. Currently, over half a million retail traders are using the MT4 platform in their daily trading practices, benefitting from its wide range of features that facilitate their investment decisions such as automated trading, mobile trading, one-click trading, news feed streaming, built-in custom indicators, the ability to handle a vast number of orders, an impressive number of indicators and charting tools.
Automated trading is well known to online investors as a helpful tool to automatically process trade orders with extremely fast reaction time and according to a series of pre-determined trading rules such as entries and exits set up by traders by using the MQL programming language of MetaTrader4.
Also known by the name of system trading, automated trading has another great advantage: The cutting-edge technology of the MT4 platform provides automated trading as its fully integrated feature, executing repetitive trading orders at a speed otherwise impossible with manual trading.
For many investors this saves up a considerable amount of time from the routine of market watch as well as trade execution.
On applying proper backtesting, traders can easily evaluate and fine-tune trading ideas, which they can later apply in their own trading practices for better results. Effective as it is, automated trading is also a sophisticated method to trade the markets and as such it, mainly for beginner traders, it is advisable to start with small sizes during the learning process. Additionally, potential mechanical failures can also affect the outcome of trades carried out by the automated system, and many traders with poor internet connection are compelled to also manually monitor trades being handled by automated trading.
In order to exclude any negative factors such as slow internet connectivity, computer failures, or unexpected power cuts, the optical fibre connectivity based free MT4 VPS Virtual Private Server service of XM ensures smooth operations of automated trading and expert advisors at all times by allowing clients to connect to the MT4 VPS and enjoy seamless trading.
Automated trading is undoubtedly one of the most popular features of MetaTrader 4. The fact that today automated trading on the MT4 software is also available for retail traders and investors is a huge plus, allowing trading not only on stocks but also on foreign exchange forex , futures and options.
The MT4 platform uses MQL4, a proprietary scripting language for implementing trading strategies, which helps traders to develop their own expert advisors i. MQL4 encompasses a great number of functions that enable traders to analyse previously received and current quotes, follow price changes by means of built-in technical indicators and not just manage but continuously control their trading orders.
The trading programs written in the MQL4 programming language serve different purposes and present traders with various features. Expert advisors, which are linked to specific charts, provide valuable information to online investors about possible trades and can also perform trades on their behalf, sending the orders directly to the trading server.
Along with this, by using MQL4, investors can write their own custom indicators and use them in addition to those already available on the MT4 client terminal.
MetaTrader4 was designed by taking into account all the requirements of the 21st century technology and thus it ensures flexibility at its very best, the core of this being mobility. This is exactly why the MT4 mobile trading option allows investors to also access the trading platform, apart from their Windows and Mac operating system based PCs, directly from their smartphones and tablets. The MT4 mobile trading makes it extremely easy for online investors to follow the global markets at any time and from anywhere, place and execute orders instantly and of course manage their accounts even when away from their home PCs.
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MT4 trading accounts are provided with a default leverage of 1: The initial margin is calculated at trade initiation, and the amount of Free and Used Margin is updated in real time on the MT4 platform. Maximum net exposure of each currency pair on one MT4 trading account is limited to 3 million units of primary currency or 30 MT4 lots.
Stop Loss or Take Profit orders are rejected and pending oders are not resubmitted by the system if the execution of these orders leads to the breach of the maximum net exposure limits. Dukascopy Bank reserves the right to amend margin requirements and exposure limits at its entire discretion, without prior notice. Margin Level is an indicator showing the amount of available margin to maintain open positions on the trading account.
It is displayed in percentage in real-time and calculated as follows:. The swap amount is calculated automatically at the end of every trading day. However, the exact calculation may be different depending on currency settlement holidays. Please beware that on certain calendar days, multiple swaps must be applied and that consequently, your own calculation of applicable swap points may differ from swap points charged or credited to your account.
If in doubt, please contact the Trading Support Desk. We recommend consulting online reports periodically for historical or the most up-to-date account statements. Please also note that the two balances do not match unless all open positions are closed on the platform. Partial execution may occur on both opening and closing orders due to low liquidity or when the maximum net exposure on the instrument is reached. When an order is closed partially, a new order ticket is created automatically with the remaining amount of the order and the same levels of Stop Loss and Take Profit, if any.
Please note that the comment field is overridden on both the original and child order. There is no automatic over-the-weekend leverage reduction applied before the weekend like on standard FX accounts.
Clients willing to reduce the exposure before the weekend, should close and adjust trades manually. To reset the master password, you should use Online Reports. To reset the investor read-only password, please contact Support Team.
This time also corresponds to the time when swaps are applied to open positions. Trading on margin carries a high level of risk, and may not be suitable for all investors. It is highly recommended to maintain the Use of Leverage at normal levels. The client must always keep in mind that leverage increases potential loss, as well as potential profit, and invested funds can quickly suffer losses in situations where the market prices exhibit strong volatility, potentially creating an adverse environment for the highly leveraged participant.
The client shall be solely responsible for maintaining sufficient margin in relation to the existing positions. Log in Demo platform Demo reports Live platform Live reports. Cryptocurrency services Range of markets Overnight Policy. Trading Fees Margin requirements.