Foreign exchange trading provider FXCM has introduced a new, improved, and faster version of its MetaTrader 4 (MT4) platform offering.
FXCM’s newest MT4 offering features new trading capabilities including trading in micro lots at 0.01 trade sizes, max deviation, and enables traders to use the company’s mobile products to trade anytime and anywhere.
FXCM said the integration of the MT4 platform with its No Dealing Desk forex execution will offer traders with a faster trading experience, with no trading restrictions.
FXCM eliminated third party bridge software, which eliminated auto syncs and sped up order submission and execution.
The new MT4 platform creates stop-loss and takes profit orders while creating market and entry orders as well as allows choosing to close a trade entirely, or scale out by closing a portion of it.
Trading new currency pairs, such as USD/ZAR, USD/SGD, USD/HKD, SGD/JPY, USD/TRY, EUR/TRY, USD/RUB, EUR/HUF, USD/HUF is possible through the new platform.