MetaQuotes has announced that it has updated the MT5 Android trading platform.
Hedging is available
One of the main features added this time is support for hedging.
Now, you can open oppositely directed positions on a single currency pair in the MT5 Android.
The hedging is just a common trading method among traders but MT5 hadn’t had the option before, but only MT4.
Hedging was not available in MetaTrader?
Yes, it was available but only in MT4.
MT5 used to offer, so called “Netting” account where you cannot hedge your positions but you can only have one position per one financial instrument.
But MT5 is finally available as “Hedging” account, and you can even select “Netting” or “Hedging” to set the trading environment as you want.
Hedging option offered by brokers
Although MetaQuotes itself has already updated the system, the brokers’ MT5 is not yet.
So the hedging option is available only with the MetaQuotes Server.
And MetaQuotes does not offer real/live accounts, but only Demo accounts.
That means that the hedging option in MT5 is available only in the MetaQutoes Demo accounts.
You can still not utilize the new system with brokers.
The latest version of the MetaTrader 5 Android is already available for download on Google Play.
Other updates
Apart from hedging, the updated MetaTrader 5 Android platform features the portrait mode.
Now, you can browse conveniently through long lists of trading operations, as well as read your mail and financial news.
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