The automated forex broker RoboForex has launched the hedging option of the MetaTrader 5 (MT5) platform. In an announcement to its clients, the broker informs that those who wish to open multiple oppositely directed positions in the same instrument and use the locking feature, must register for a new MT5 account and select the “Hedging system” option.
The users must also check if they have the MT5 terminal Build 1325 or later, which were released recently and feature the hedging option. It also has more or less the same features of the more popular MetaTrader 4 platform, but is faster and more reliable.
The MT5 platform was finally updated with the hedging option in the end of this March with a beta testing version. In April was released the Build 1325, which also allows the migration of accounts from the MT4 trading platform. Shortly after that the developer of the platform MetaQuotes also updated the MT5 mobile applications and is obviously making efforts to increase the popularity of the platform, which is currently overshadowed by the earlier MT4, also by MetaQuotes.
RoboForex is an automated forex broker regulated in Cyprus and Belize. The group consists of the holding company RoboForex Financial Group, and its units CRoboForex, RoboTrade Ltd. and RoboForex LP. It offers trade in currencies and Contracts for Difference (CFDs) on stocks, indices and spot oil. The leverage is up to 1:1000 and no minimum deposit is required.