Interbank FX's MultiTrader 4
Recently the NFA issued new regulations prohibiting traders from hedging (having long and short positions open on the same currency pair at the same time). We realize that said regulatory changes will affect the trading style of many customers. As a solution, IBFX's MultiTrader 4 allows users to easily manage multiple accounts at once; via this new trading tool you are able to go short in one account and long in another or vice versa!
Margin
Keep in mind when using this tool, you are now operating in two separate accounts, and thus, margin rules will behave differently. Formally, additional margin was not required when hedging open positions. Going forward, traders utilizing MultiTrader 4 as a hedging tool will be required to post margin on both sides of the trade, thus increasing the risk of a margin call.
Get started today:
- Open an additional account . Opening multiple accounts with Interbank FX is a breeze. Just fill out the additional account form on our website by clicking here
- Download and install the MultiTrader 4 platform. This platform is similar to our MT4 platform, making it easy for first time users to navigate. We have also created a tutorial video that will make using the platform even easier! Watch the tutorial by clicking here. *Please note: Each account entered into the MultiTrader 4 platform needs to be hosted on the same IBFX server. If you have accounts on more than one server, please contact client services for further help.
- Login and start trading! Once the additional account has been approved, simply enter in the account information to the MultiTrader 4 platform, and manage all positions from one convenient place. You will be able to:
- View all closed positions from all accounts.
- Place new orders. You can also set up your trades and distribute them across all of your accounts, or buy and sell (hedge) in individual accounts.
- Place pending orders.
About Interbank FX
Headquartered in Salt Lake City, UT, Interbank FX, LLC (IBFX) is a leading provider of online Forex trading services, offering individual traders, money managers and institutional customers proprietary technology, tools and education to trade spot foreign currency online.
Unlike other off-exchange retail foreign currency brokers, IBFX has distinguished itself as an industry leader with its proprietary tools and services and remarkable focus on customer care. This has led to longer term relationships and to numerous awards and industry accolades, including Best Online FX Provider, Best Foreign Exchange Broker, Best Chairman, Ernst and Young Entrepreneur of the Year, and Inc 500.
IBFX serves more than 30,000 clients from more than 140 countries around the world and has supported a trading volume in excess of US$80 billion in a single month. The company is regulated as a member of the National Futures Association and is also registered with the Commodity Futures Trading Commission as a Futures Commission Merchant. Trading in the off-exchange retail foreign currency market is one of the riskiest forms of investment available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose.