Does anyone know of a broker which allows portfolio hedging?
I know of a few who allow for example long & short EURUSD with the same volume to have no margin requirements. But I've yet to find one which allows full hedging.For example 1 lot long EURUSD, 1 lot long USDJPY, 1 lot short EURJPY to have nearly no margin requirements.
Can someone help me there?
I don't think any broker using MT platform will consider your example of a full hedge because each transaction is a trade on its own (different ticket numbers). margin is paid per currency pair, and not per base or quoted currency.
unlike banks accounting methods that separate each currency in a single book, (debit for short & credit for long), if your trading with a bank you wont have any position as the short eurjpy will close your positions in eurusd and usdjpy.