MT5 NDD accounts are designed for a popular Meta Trader 5 trading platform. It incorporates the advantages of its predecessors and suits for intraday scalping and EA automated trading. Moreover it has an inculcated “market depth” instrument which provides traders with online market situation. In MT5 NDD accounts, currency pairs are available, as well as CFDs on metals, cryptocurrencies and U.S. stocks.
You are offered to select between the Netting and Hedging P/L calculation modes when opening a new MT5 NDD account.
Meta Trader 5 platform is the result of the development of Meta Trader product. Meta Trader 5 is a cutting-edge program for successful traders. You can exploit high-end analytical facilities, including “market depth” that allows traders evaluate the current market situation and make accurate forecasts. Market orders are executed at the best market price of the liquidity providers (worlds’ largest bank) once the order reaches the electronic trading system where it will be executed at the NDD (No Dealing Desk) technology.
Moreover Meta Trader 5 provides you with lots of automated trading opportunities.
1 Maximum volume of a transaction expressed in lot.
2 The figures in columns represent the quantity of points charged to a customer’s open position if it is rolled over to the following day. These values are calculated based on differences between short-term interest rates. Since the value date is the second business day after a transaction is entered into, Monday next week is the value date for transactions entered on Wednesday. Accordingly, from Wednesday to Thursday swaps are charged in triple size.
3 Collateral for a lock position is calculated as follows: For example, we have an open buy position of 1.0 EUR/USD and a sell position of 1.0 EUR/USD; for this lock position (with leverage of 1 to 100) for МТ5 collateral will be 500 EUR + 500 EUR = 1000 EUR.
4 In the period from 23:55 till 00:15 EET (bank rollover) liquidity is reducing, spread, minimum distance of customer orders and processing time may be increased, trading switched to "close only" mode, complete prohibition of new trading operations.
1 Maximum volume of a transaction expressed in lot.
2 The swap value is given in pct. p.a of position value. Swap is deducted in triple when the position is transfered from Friday to Monday.