Contract Specifications — Knowledgebase

Trade calculations in MT4

As most readers will know MetaTrader4 is the by far the most popular retail trading application period. It is ultimately user-friendly and feature-rich but those familiar with other trading platforms might notice the MT4 new order window is basic and missing some key information that is often present in other platforms. Before you open a trade some other platforms will show you how much margin you need to open the position and how much profit you will make per pip/point, which is critical information. This is especially important if you are working to a profit target in currency (opposed to a point target) or if you need to know how much loss in pips/points you can sustain before your account is stopped out. Traders might also want to know details of other information that isn’t typically present in the new order window of any platform, such as any swaps that apply to their trades on a daily basis, what night the typical 3 night swap will be charged (to compensate for the weekend) or how margin is calculated when a position is hedged.

Building a Winning Position

ABF Trade is a brokerage firm offering OTC derivatives for self-directed retail and professional traders while also offering a portfolio management service. The firm is run by a team passionate in electronic trading that has decades of experience in the FX and Futures markets.

We know it's incredibly important to encourage and support our clients to meet their trading goals. For that reason our aim is to provide a safe, fair and transparent platform along with personal support. To ensure our goals are in alignment with our clients we maintain a strategy of sending trades to external liquidity providers in real-time.

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