I think that MT5 is going to have release something for the non-USA market that allows trading with individual positions.

This one position system is an increase trade management at the same time as reduction in trade functionality and potential profitability. Personally I am staying well clear of any MT5 Broker and sticking with MT4.

One thing I think will be decent is market depth, although not genuinely possible in FOREX, because people make money by buying and selling money, so there is no chance that top 10 FX traders who make up 79.61% of the market are ever going to do this at the time of trading. What I believe is likely to happen in market depth for forex, is every single trade done through MT5 broker based platforms. Hence number of trades instead of volume of trades will be the measure of market depth. Still significantly more accurate than present, but with volume likely to be out of reach of the average trader, it will be best we will get as individual traders.

I was trying to make two different points in one brief comment. To answer your point I’ll expand my first one a bit. Futures traders have been running multiple strategies on multiple instruments with a single account for decades, without the “benefit” of “hedging”. You don’t need to expose yourself to more risk by opening more accounts. Instead you need more intelligent EAs, or maybe a bigger piece of paper and/or spreadsheet plus a few extra mouse clicks if you trade manually.

Jim

Other than this the MT5 brokers would probably be the same as any other non MT5 broker.

For example:
“Recently the NFA issued new regulations prohibiting traders from hedging (having long and short positions open on the same currency pair at the same time). We realize that said regulatory changes will affect the trading style of many customers. As a solution, IBFX’s MultiTrader 4 allows users to easily manage multiple accounts at once; via this new trading tool you are able to go short in one account and long in another or vice versa!”
The message went further to explain margin implications by reminding IBFX clients, “Keep in mind when using this tool, you are now operating in two separate accounts, and thus, margin rules will behave differently. Formally, additional margin was not required when hedging open positions. Going forward, traders utilizing MultiTrader 4 as a hedging tool will be required to post margin on both sides of the trade, thus increasing the risk of a margin call.”

These rules were supposably to protect the newbie, but instead as shown by these brokers, it probably exposes the newbie to greater risk. I thought people in this thread might be interested in this.

So, in addition to FX Solutions, FXDD, GAIN, FXCM, and Tradeview; Interbank FX has joined the ranks of brokers offering solutions to the hedging regulation.

If you’d ever traded futures you would have got used to that “limitation” a very long time ago, and found other ways of running multiple strategies on one account.

Sounds like you currently use MT4. If MetaTrader brokers are so bad why not try trading currency futures instead of OTC forex?

Jim

metaquotes is only for advancing brokers and stealing money from traders