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Thread: Hedge is prohibited

  1. #1
    Senior Member fxtester's Avatar
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    Default Hedge is prohibited

    That means that you are on a FIFO account and that you can't hedge with the same pair.

  2. #2
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    are you know any mt4 expert advisor with hedge system?

  3. #3
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    all US based brokers appliead FIFO rule and no hedging capability, there's no averaging ea would works good with these brokers. since i live outside US i never face this kind of problem, my brokers allow any trading strategies, with full capability without any limitation. personally i use hegding order type EA with my armada markets account, with their decent trading condition it appear give much more decent trading performance.

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    Default Legitimate foreign broker for US traders

    Quote Originally Posted by ebi View Post
    all US based brokers appliead FIFO rule and no hedging capability, there's no averaging ea would works good with these brokers. since i live outside US i never face this kind of problem, my brokers allow any trading strategies, with full capability without any limitation. personally i use hegding order type EA with my armada markets account, with their decent trading condition it appear give much more decent trading performance.
    I researched the forex brokers available to US citizens that allow hedging and do not apply FIFO rules. The only one that appears completely legitimate is FinFx in Finland. I've been trading a demo account with them but have recently opened a live account. Haven't traded live yet but their reputation seems good.

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