Question: Are scalping and hedging trade allowed on MT4 platforms?
Yes, hedging trade is available for all account types, and Scalping is available on ECN accounts.
The ECN account type’s trading condition is as follows:
Trading Platform | MetaTrader 4 (MT4) |
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Tradable Instruments | CFDs, Commodities, Energies, Forex, Indices, Precious Metals, Stocks/Shares |
Business Model | ECN |
Execution Type | Market execution |
Minimum Deposit | $ 500 |
Base Currency Options | EUR, GBP, NGN, USD |
Leverage | 500:1 |
Spread Type | Floating |
Minimum Spread | Trade from 0.1 pips |
Negative Balance Protection | Available |
Trading Commission | $4 per 1 lot traded |
Minimum transaction size | 0.01 lots |
Maximum transaction size | 100 Lots |
Decimal Pricing | 5 digits |
Margin Call % | 80% |
Stop Out % | 50% |
You can view statistics on positive and negative slippage on FXTM’s Performance Statistics page.