MetaTrader 4 is a popular platform used for trading Forex, analysing financial markets and using Expert Advisors. As the name suggests, this lists enables a trader to keep an eye on specific markets. This post is for educational purposes and should not be considered as investment advice. With multiple ones, traders get real-time data that they can use for decision making. We proactively keep our information up to date, and ensure that our comparisons are easy to use.
However, traders should take into account that regular stop losses are not guaranteed, meaning that in extremely volatile conditions such stop losses could be cancelled. Separate premium guaranteed stops are available, however; there is a charge involved, but this sort of stop loss will not be cancelled in volatile market conditions. Take care to avoid rash decisions based on emotional reactions. Trading immediately after receiving bad news about a trade can result in traders taking larger risks recklessly in attempt to regain lost funds.
If you discover that your trade has taken a turn for the worse, a short break from the trading platform may be beneficial, so that you can later return to your trade with a clearer mind. Many traders impulsively close their winning positions before they reach their profit targets.
This happens because traders fear that the market will turn against them and are nervous of losing profits already gained. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument.
As a market maker ETX Capital may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements.
Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades. As with most brokers, margin requirements do vary depending on the trader, accounts and instruments. You can see the latest margin requirements on their website. To start the process of opening an account with ETX Capital you can visit their website here. MT4 is one of the leading online trading platforms and is a popular choice of forex traders. With the ETX Capital MT4 platform, you can trade a wide variety financial markets including indices, commodities, equities, currency markets and cryptocurrencies.
For traders who prefer automated trading, this is the platform for it. Traders using EAs can set parameters for their trades and then wait for the automated responses. The advantage that traders get with this option is that one does not have to be in front of a computer to open or close trades.
The one-click trading feature is what makes this possible. Information is very crucial when trading and that is what charts provide. With multiple ones, traders get real-time data that they can use for decision making. The environment in different markets keeps changing, and it is essential to monitor them when trading.
Real-time data shows all the fluctuations that may be taking place. As the name suggests, this lists enables a trader to keep an eye on specific markets. With the drop and drag function on the platform, traders can add particular markets to the list. Trading on the MT4 platform offers traders favourable leverage rates of up to Such margins increase the potential returns that a trader can get.
Traders can also use micro lots, meaning that it is possible to trade smaller. Even with automated trading, traders still appreciate mobile apps. Mobile apps are available in multiple languages. CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Past performance does not guarantee future results. This post is for educational purposes and should not be considered as investment advice.
All information collected from https: Major currency pairs have a considerably competitive fixed spread. Index spreads are moderately lower at around 1 pip. In order to meet the needs of a demanding market, ETX currently offers variable spreads for six of the more commonly traded currency pairs.
In most cases, traders should always pay close attention to variable spreads. ETX Capital frequently monitors prices in order to provide the tightest spreads. ETX understands the significance of a reliable and well-organized trading platform. ETX Capital offers two different trading platforms to clients. This platform completes trades in less than a second. This feature helps clients lock in a desirable prices quickly.
Additionally, the one-click trade feature reduces trading time significantly. A few other strengths of the platform include guaranteed stops and watch-lists. This platform is the more popular of the two platforms. The popularity is not only at ETX, this is within financial trading. The primary reason for the popularity is the applicable customization of the MT4 platform.
Additionally, this platform incorporates complex tools that are perfect for charting and technical analysis. There are several methods for making a deposit. These methods include using a credit card, completing a wire transfer, calling by phone, and using a debit card. ETX Capital offers excellent customer service and support.
The primary customer support language is English. The system is available through the UK website. In order to contact the support team, clients must use telephone, fax, or email. Trading is open 24 hours. To reassure clients, ETX depends on a strict governance to guide business operation. ETX Capital uses segregated accounts for clients.
The company also implements Financial Resource calculations on a daily basis to help guarantee the company is in compliance with mandated FCA requirements. ETX is a regulated company that allows clients to join in a sanctioned compensation scheme known as Financial Services Compensation Scheme.