PCM'S NEW AND IMPROVED METATRADER 4 PLATFORM
PCM has upgraded its MT4 platform to integrate seamlessly with our No Dealing Desk forex execution. This means no 3rd party bridges and no auto account syncs. We now offer more features to enhance your MetaTrader 4 trading experience
NEW PCM METATRADER 4 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
More instruments - Exotic Currency pairs such as:
USD/ZAR, USD/SGD, USD/HKD, SGD/JPY, USD/TRY, EUR/TRY, USD/RUB, EUR/HUF, USD/HUF
PLUS CONTINUED BENEFITS OF PCM NO DEALING DESK FOREX EXECUTION:
No Re-quotes* and No Dealer Intervention
Anonymous forex trading since price providers do not see your SL, TP or Pending orders
No Conflict of interest between broker and client
Zero trading restrictions - place pending orders even inside the spread
Learn more about the PCM MetaTrader 4 platform's execution policies, settings, and features.
* Re-quotes occur when a trader makes an order at a specific price, but the order is rejected by a trading desk, and the trader is given a new price to accept or reject. Re-quotes can slow down your trading. PCM cannot re-quote forex orders because those orders operate on straight through processing. PCM also maintains a no re-quote policy for indices, metals, and oil, although those orders do not operate on straight through processing. Orders are executed at the best price available within the trader's parameters, subject to market liquidity at the time.
Maintain a $5,000 balance on your MT4 account, and the VPS is yours at no cost. If you do not meet this requirement, a fee of $30 may be debited from any of your PCM account(s) to cover the VPS cost.
** PCM MetaTrader 4 allows for order sizes up to 50 million per trade. Traders have the ability to trade incremental sizes (multiple orders of 50 million for the same pair).
PCM does not permit the practice of arbitrage when trading Contracts for Difference (CFDs). Transactions that rely on price latency arbitrage opportunities may be revoked and PCM reserves the right to make necessary corrections or adjustments on the account, without prior notice. In accordance with PCM's Terms of Business, accounts that rely on arbitrage strategies may be subjected to intervention, which may include widening the spreads on your account.
For clients trading with PCM's previous version of the MetaTrader 4 platform, which uses the Boston Technologies software bridge, please read:
Execution Risks
A 0.1 pip mark-up is added to spread for the use of MT4. The 0.1 pip is in addition to the regular mark-up PCM adds to the spreads it receives from liquidity providers.
Forex Capital Markets, Limited ("PCM LTD") is an independent legal entity and is not affiliated with MetaQuotes Software Corp. ("MT4"). MT4 is not owned, controlled, or operated by PCM LTD. Therefore, PCM LTD does not make any warranties regarding any product or service and has not reviewed or verified any performance results that may be presented and/or described on this website.