DIF FX MetaTrader Features:
Set SL/TP Pre-Execution - Set Stop Loss and Take Profit orders while opening a new trade
0.01 (Micro) Lots - Trade more precise lot sizes for tighter risk management.
Partially Close Positions - Control when and how much of a position you want to close
Zero trading restrictions - place pending orders even inside the spread
DIF FX MT4 is a Metatrader platform and the orders are executed through FXCM.
DIF Broker has established a relationship with FXCM through which we will offer DIF FX. The reason we have chosen FXCM is because:
The average notional trading volume that FXCM generates has allowed them to obtain close relationships with some of the most aggressive price providers. As a result, FXCM can provide FX quotes from these liquidity providers with a small markup.
Having multiple liquidity providers is particularly important in volatile markets, allowing FXCM to provide competitive spreads even during breaking news.
DIF FX MT4 provides you the tools to help you trade like a professional.
Metatrader 4 is one of the most popular trading platforms in the world because of its ability to handle automated trading. If you want to try forex trading at no risk and build the necessary confidence to trade a live forex account, download the demo platform.
- Minimum of 2000 euros to open an account
- No cost for executing orders
- Leverage 1 to 200
- Lots trading starting from 1000, corresponding to 0.01
- Trading online 24 hours
Margin Call
The margin call policy for DIF FX MetaTrader accounts is different. When a margin call occurs, trades will be closed one by one until "Free Margin" is greater than zero.
Normally, trades close in order of the size of their loss, from the largest loss to the smallest loss, as recorded in the "Profit" column at the time of margin call. However, trades cannot be closed out of FIFO (first in first out) order. These accounting rules will override the primary logic - largest losing trade closed first.
Max Deviation
DIF FX MetaTrader was designed so that all orders execute using instant execution. This MetaTrader execution type enables the maximum deviation ("max deviation") feature.
The maximum deviation feature was designed to control slippage - both negative and positive - in the following way. When creating an order, a number is specified in tenths of a pip (=0) in the max deviation field. This number is the maximum amount of slippage the order can receive. If the market price moves beyond this amount while the order is executing, the order will cancel automatically. This is how the maximum deviation feature was designed to function.
DIF FX trading policy allows for unlimited positive slippage on all order types. Therefore, DIF FX has developed a way to override the restriction that the maximum deviation feature places on positive slippage. All orders placed on the DIF FX MetaTrader platform fill with the greatest amount of positive slippage possible.
In the event that an order fills with positive slippage beyond the maximum deviation, the platform logs a message in the "Journal" tab. The message has the following format: ${Amount} - Positive Slippage - {Order Number}. ${Amount} is the positive slippage the order received beyond the maximum deviation.
If the market price moves negatively beyond the maximum deviation, the order cancels automatically. When this occurs, an "Off Quotes" message is displayed. This is a standard MetaTrader message notifying the user that an order canceled because the market price deviated beyond the order setting.
Please note: dependent upon market conditions, a lower maximum deviation amount can increase the likelihood that an order will be rejected due to the market price moving outside of the maximum deviation.
Cross-Platform Compatibility
DIF FX MetaTrader login credentials grant a user with access to the DIF FX Trading Station platforms. Therefore, DIF FX MetaTrader account holders can place and manage trades and orders through the DIF FX Trading Station platforms. Account details for clients (e.g. orders, trades, P/L, margin, equity) will match on all of these platforms and their statement of records. However, please note that some functionality available on the DIF FX Trading Station platforms may not be available on the DIF FX MetaTrader platform.