You will need to close any existing open positions on your existing sub-account to enable this functionality. No actual hedging of exposure results from use of this product. Use the OANDA fxTrade platform as the system of record, and accurate account information, such as the account balance, transaction history, finance charges, and how close the account is to triggering a margin closeout.
Will pending orders, stop losses, take profits, or trailing stops still work with my MT4 Hedging Compatibility enabled account s? What happens if there is a data error that is retroactively corrected on an MT4 Hedging Compatibility account?
For more information refer to our regulatory and financial compliance section. The fxTrade platform, not MT4, will remain the system of record, and that it is recommended that customers reference fxTrade for accurate account information. No actual hedging of exposure results from use of the Product.
Restricting cookies will prevent you benefiting from some of the functionality of our website. Open a demo account to fine tune your trade strategies Try a demo account. Apply for a live account now and you could be trading in minutes Open a live account Losses can exceed investment. Positive interest will show up as a deposit; negative interest will show up as a withdrawal.
When these updates are made, they will be recorded as balance transactions. If you do manage to make a trade through another platform, it could cause significant issues with your account. For instance, MT4 may interpret account closures as new positions, and pending orders, stop losses, take profits, or trailing stops may be lost. MT4 Hedging is not supported on v20 accounts. Although, v20 accounts do not support the MT4 Hedging Compatibility product. You can disable this functionality within the Funds Management System.
Note that you will need to close all open positions first. Yes, pending orders, stop losses, take profits, or trailing stops work with your MT4 Hedging Compatibility enabled account s. In the event of an outage, the information shown on the MT4 trading platform may be adjusted and hedged long and short positions held in a single instrument may no longer be shown on the OANDA MT4 platform. How will taxes be handled on hedged positions? When reporting long-term versus short-term capital gains from your MT4 Hedging Compatibility account, you should reference the holding periods associated with the net positions found in your OANDA trading account fxTrade, which is the system of record transaction history.
What happens if there is a systematic trade error? There are differences in the display of open positions. Any unrealized profit or loss will be realized if an opposing order is placed.
MT4 platform — Opposing orders will display as new, open positions on the MT4 platform. Unlike the OANDA trading account which nets opposing orders and therefore would indicate zero open positions, the unrealized profit or loss will continue to display on the MT4 platform. Which system should be relied upon for accuracy?
The OANDA trading platform will remain the system of record, and should be referenced for accurate account information, such as the account balance, transaction history, interest payments, and how close the account is to triggering a margin closeout.
The OANDA platform supports margin trading, which means you can enter into positions larger than your account balance. Hedging capabilities not available to residents of the U. Losses can exceed investment.More...