MT5 definition
Examples of MT5 in a sentence
We may make available to you applications, software packages, tools and features provided by third parties (i.e. MT4, MT5, trading from charts) (‘Third Party Products’).
We will not be providing you any warnings or notifications where you are a client using the MT4 and MT5 terms and comprise the Margin requirements for your Account.
We reserve the right to use floating spreads on any asset at our discretion for MT5 accounts.
A fee of 25% of the new contract spread will be charged for every single trade that will be automatically extended, using the below formulas for WEB and MT5 platform.
MT5 For a Sell position on OILUSD of 0.5 lots the new contract quotes are BID / ASK / Spread 61.40 / 61.48 / 0.08 Rollover Fee = 0.5 x 1000 x 0.08 x 25% = 10 Client fee will be $10.00 for this single future rolling.
WEB: Contract Rolling Fee = #Contracts x New Contract Spread x 25% MT5: Contract Rolling Fee = #Lots x Contract Size x New Contract Spread x 25% Example: WEB For a Buy position on OILUSD of 1000 contracts the new contract quotes are BID / ASK / Spread 61.40 / 61.48 / 0.08 Contract Rolling Fee = 1000 x 0.08 x 25% = 20 Client fee will be $20.00 for this single future rolling.
Paragraphs 6.1, 6.3 and 6.4 are applicable in relation to both MT4 and MT5 accounts.
You should not commence trading or use MT5 or our Portal unless you fully understand and accept the provisions of this Introducing Broker Agreement and the Client Agreement.
If we do not record any activity in your Panda Trading Systems and MT4 and MT5 Trading Account during a continuous period of three (3) months and you have a zero-account balance, your Panda Trading Systems and MT4 and MT5 Trading Account and all its history will be archived on our trade server.
If you wish to keep using your Panda Trading Systems and MT4 and MT5 Trading Account or restore it in the future, please contact us at electronically via email.