OANDA's new MT4 Hedging Compatibility product


Hedging, MT4, MT4 Hedging Compatibility, new product launch, OandaThe award-wining broker in multiple countries, OANDA Corporation is a technology driven firm which has made their reputation true by launching time over time innovative products for its clients. In today’s announcement on their website, OANDA has officially stated that it has launched a new product for the popular Metatrader 4 platform. In focus, the new product entails the Metatrader 4 Hedging Compatibility.

OANDA has made the newly hedging compatibility available for various regions of its portfolio of present countries. Their clients will now be able to create accounts in the MT4 of OANDA to display positions of long and short simultaneously for the same instrument. Hence the traders can stimulate multiple CFD and forex positions. The roll out of the MT4 Hedging Compatibility is worldwide, enabling clients of OANDA in their respective markets of Europe, Canada and Asia Pacific to firstly enjoy the new feature. Plans for the near future is to incorporate the recent product for the Japanese and Australian markets of OANDA.

With this new functionality, clients of OANDA can simply register a new MT4 subaccount that will provide display of various positions, in order to make hedging more convenient. Other methods to access the new function is to enable the MT4 Hedging Compatibility on an existing account, on the condition that it has no open positions through the Funds Management System. For traders who are relying on automated trading strategies, will be able to utilise the extensive EAs made available via OANDA’s MT4 platform.

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However, beware that no actual hedging will be executed on these compatible accounts. As mentioned earlier OANDA’s new product will display the positions for an instrument, but its system of record, fxTrade, will solely hold one position per instrument. Hence the traders of OANDA are given the advice to refer to its fxTrade, for any detailed information upon their account.

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