MetaTrader 5 Hedging Account VS Netting Account
For many MetaTrader 5 users, they do not realize that MetaTrader 5 have two different mode of running. One is hedging account and the other mode is netting mode. In fact, the orders and positions in MetaTrader 5 hedging account is identical to those in the MetaTrader 4. For example, in MetaTrader 5 hedging account, you can open buy and sell order for the same currency pairs. In MetaTrader 4 netting account, you can not open buy and sell order for the same currency pairs at the same time. You can only open buy or sell at one time. For example, if you open 1.0 lot of EURUSD buy position and if you send sell order for EURUSD 1.0 lot, then the your broker will close 1.0 buy position to account for your 1.0 sell position in your account. In hedging account, you can keep both buy and sell order for EURUSD. Also in netting mode you can not open several buy or sell positions because you will just have one floating position per currency pairs. I know it can be little confusing. However, the simplest way to think is that MetaTrader 5 hedging account is just same as MetaTrader 4 in terms of your order management. In MetaTrader 5 demo account, you can choose which one to use by tick on the box between hedging and netting account. See the attached screenshot.
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