You can compare both platforms in our MetaTrader4 VS MetaTrader5 page.

We offer the MT4 and MT5 on various desktop and mobile devices as well as on WebTrader.

You can find more information on our Trading Platforms page.

0.0001 or 0.01 x notional value (depends on the currency – 4th decimal for 5 decimal currencies and 2nd for 3 decimal currencies)

Example: 1 lot of EUR/USD

0.0001 x 100,000 (1 lot= 100,000) = 10 USD.

Alternatively, you can find the value of a pip using our Pip Calculator.

Pip value is always denominated in the quote currency. You can find all information on our Contract Specifications page.

Swaps = Pip value x Number of lots x Swap rate x Number of nights

Example:

$10 (pip value for 1 lot of GBP/USD) x 4 (number of lots) x 0.35 (short GBP/USD) x 4 (number of nights) = $56 swaps

Pip values can be found in our Contact Specifications page.

More information on swap charges can be found here.

Margin Level = Equity/Margin Used x 100

You can also calculate your margin level using our Margin Calculator.

0.25% = 400:1

0.50% = 200:1

1% = 100:1

2% = 50:1

3% = 33:1

5% = 20:1

The margin requirements for indices and commodities are fixed as per the contract specifications.

Free Margin = Equity – Used Margin

Margin = Notional value / Leverage

Example: 1 lot EUR/USD at 1:1000 Leverage:

100,000 EUR / 1000 = 100 EUR

For metals = Volume * Contract Size * Open Price / Leverage

Example: 1 lot XAUUSD: 1 * 100 * 1,263.14 / 500 = $252.63

For shares = Volume * Contract Size * Open Price * Margin %

Example: 1 lot AAPL: 1 * 100 * 42.96 * 0.04 = $171.84

Equity = Balance + Credit + Profit/loss + Swap + Commission

Commission is applied only on our Advantage MT4 account and the Advantage MT5.

Advantage MT4: Commission is charged at 4 units of the Base currency and the conversion rate to the trading account’s currency (if applicable).

Example:

If your account is in USD.

If you trade 1 lot USD/JPY. Commission will be $4.00

If you trade 1 lot EUR/USD. Commission will be 4.00 EUR * (exchange rate) 1.10873 = $4.43

If your account is in EUR:

You trade 1 lot EUR/USD. Commission will be EUR 4.00

If you trade 1 lot USD/JPY. Commission will be $4.00 / (exchange rate) 1.10873 = 3.60 EUR

Advantage MT5: Commission is fixed at $4, which is $2 when you open a position and $2 when you close it.

You can find more information on our Swap & Commissions page.