Big changes for MT4, in a few weeks - page 271

Juan Fernandez
927
Juan Fernandez  
techmac:

I still do not understand. Aren't you praising all the good things that mt5 can do?

Anyway, does not matter. It is not us deciding

I'm sorry. My English is far to be good. I love MT5 features because are better than MT4 for complex projects but I would like MQ choose one platform. That will be better for everybody

Mladen Rakic
181944
Mladen Rakic  
braintheboss:
Then if is not real hedge, I don't see reason for go to MT5

That is exactly the point (as far as US NFA is concerned)

Please read my post again

Juan Fernandez
927
Juan Fernandez  
mladen:

That is exactly the point (as far as US NFA is concerned)

Please read my post again

Ok. Sometimes I have problem for understand fine. I think you say at this moment MT5 is only software support FIFO and hedge rules covering all markets, dont you?

Mladen Rakic
181944
Mladen Rakic  
braintheboss:
Ok. Sometimes I have problem for understand fine. I think you say at this moment MT5 is only software support FIFO and hedge rules covering all markets, dont you?

By NFA Compliance Rule 2-43 (details here : http://www.nfa.futures.org/nfa-faqs/compliance-faqs/compliance-rule-2-43-QA.HTML ) US residents (and US regulated brokers) can not use and can not allow hedging. The only trading platform that enables something as close as possible to hedging in cases like that is, to my knowledge, per moment, the new MT5

Juan Fernandez
927
Juan Fernandez  
mladen:
By NFA Compliance Rule 2-43 (details here : http://www.nfa.futures.org/nfa-faqs/compliance-faqs/compliance-rule-2-43-QA.HTML ) US residents (and US regulated brokers) can not use and can not allow hedging. The only trading platform that enables something as close as possible to hedging in cases like that is, to my knowledge, per moment, the new MT5

But I understand hedge will be for outside US. For that they split accounts types. In my case if hedge is same than MT4 and in a future brokers support it I will jump to MT5. Im live in Europe and I dont suffer US regulation

Mladen Rakic
181944
Mladen Rakic  
braintheboss:
But I understand hedge will be for outside US. For that they split accounts types. In my case if hedge is same than MT4 and in a future brokers support it I will jump to MT5. Im live in Europe and I dont suffer US regulation

We are not talking about outside the US

We are talking about US and its forex market share (judge from this https://en.wikipedia.org/wiki/Foreign_exchange_market what percentage of forex market are we talking about :

Markets outside US were never forced to do what NFA enforced, that is true, but the percentage that US forex market takes is anything but neglectable and it is rather strange that such a state of the matter is intact - makes me wonder what are the real interests of US regulated brokers when it comes to their customers (traders)

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Juan Fernandez
927
Juan Fernandez  
mladen:

We are not talking about outside the US

We are talking about US and its forex market share (judge from this https://en.wikipedia.org/wiki/Foreign_exchange_market what percentage of forex market are we talking about :

Markets outside US were never forced to do what NFA enforced, that is true, but the percentage that US forex market takes is anything but neglectable and it is rather strange that such a state of the matter is intact - makes me wonder what are the real interests of US regulated brokers when it comes to their customers (traders)

I think they want make money faster possible. I think FIFO rules only benefit to big boys/brokers, never benefit to small clients. Its like banks. Not big difference

techmac
2973
techmac  
braintheboss:
I'm sorry. My English is far to be good. I love MT5 features because are better than MT4 for complex projects but I would like MQ choose one platform. That will be better for everybody

Probably - but I kind of like the choice possibility

Juan Fernandez
927
Juan Fernandez  
techmac:
Probably - but I kind of like the choice possibility

But current situation do happen things like MT4 have offline charts and MT5 have multicurrency tester. And you can't use both is same platform doing you have code bridge for can use it. And that complicate easy things if they only have one platform

techmac
2973
techmac  
braintheboss:
But current situation do happen things like MT4 have offline charts and MT5 have multicurrency tester. And you can't use both is same platform doing you have code bridge for can use it. And that complicate easy things if they only have one platform

Frankly that tells that they did their job

Otherwise they would just extend mt4. This way they made two completely different trading platforms and they can target whatever market they want