1/3/2023 0 Comments Generic mt4 build 600 portable![]() You would be paid for this execution under our Get Paid for Limit Orders system. If you have only a T/P, the bridge sends a Limit order, which will display to the market in the quote, to the ECN, which awaits execution. If you have only a S/L, the bridge monitors the positions and waits for the price to hit, then sends a market order to our router. We currently employ the following behavior for Stop Loss (S/L) and Take Profit (T/P) items. Due to limitations of the MetaTrader 4 server, CLOSING commissions, whether credit or debit, are added as a Deposit or Withdrawal to your account at the time of the close of the trade via a separate line item in your Trade tab with a comment describing the Deal Number that the deposit or withdrawal came from. The reality of ECN trading is that each transaction (entry and exit) result in a transaction fee or credit. While there is a commission column, it was added after the fact and designed for a single entry. While our commissions are displayed in real-time in the MBT Desktop and Desktop Pro software, the MetaTrader 4 software was not designed to handle commissions in a true ECN environment. Just be aware that most cases where the Desktop and MetaTrader 4 software diverge, those differences are usually corrected with an adjustment in MetaTrader 4 at 5 pm EST rollover. You can also find accurate FIFO statements by logging into the Client Secure Area of our website. When in doubt, your MBT Desktop or MBT Desktop Pro software is correct. You cannot trade from the Desktop or Desktop Pro software with your MetaTrader 4 account, but you will find that the Orderbook, Messages, and Account Balance windows are more accurate and in real-time. MetaTrader 4 is simply an interface that we enable for MetaTrader 4 accounts to allow you to trade. Your account is actually handled at our account level, which is viewed directly in Desktop or Desktop Pro. We highly recommend that you log into MBT Desktop or MBT Desktop Pro at the same time that you are logged into MetaTrader 4. Click here to download a PDF of this page. The following list describes certain functions of MetaTrader (referred to as Generic MetaTrader 4) and how they behave differently when MetaTrader 4 is connected to MB Trading for execution. In order to integrate MetaTrader 4 with MB Trading's ECN/STP execution, some behavior related to deal desks is not available, and this has some impact on the MetaTrader 4 Client. MB Trading has no control over the MetaTrader client software, server updates, or API updates. The software was not designed for ECN/STP execution, which MB Trading provides. MetaTrader 4 with MBT ECN/STP Execution MetaTrader 4 is Third Party software written and maintained by a separate company. ![]()
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