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Frequently Asked Questions

Netting Plug-in

Below you will find some of our customer's most frequently asked questions.

 

  • Answer Close 1

    What is the Netting "plug-in"?

    The purpose of the Netting "plug-in" is to aggregate open positions into one position. The plug-in was designed to give traders additional functionality, including partially closing positions through pending orders.

  • Answer Close 2

    Will this netting solution be implemented to all accounts automatically?

    The Netting "plug-in" is optional. Therefore, a request must be submitted to Alpari (US) in order for it to be enabled on an account.

    The Netting "Plug-in" is available for Standard MT4 accounts only.

  • Answer Close 3

    How will it affect existing positions?

    Existing positions will not be affected when the Netting "plug-in" becomes available. The plug-in will not be able to be activated if there are existing open positions on an account.

  • Answer Close 4

    How will it affect the current platform display?

    The only visual changes to the platform will be how trades are represented within the Terminal window.

  • Answer Close 5

    Will a netted position have the option to partially close manually?

    Yes, a netted position can be partially closed manually by bringing up the order window for that trade, entering the volume and selecting close.

  • Answer Close 6

    Can trailing stops be used on netted positions?

    Trailing stops will be available for netted positions. Your trading platform must be open and you must be logged in, in order to activate a trailing stop.

  • Answer Close 7

    How will the implementation of the Netting "plug-in" affect EA's?

    The provider for each EA will be able to determine compatibility. You can test the functionality of the plug-in by creating a Demo account and testing it with your EA. If your EA is not compatible you can continue to trade without the plug-in.

  • Answer Close 8

    Is there a way to view the individual trades that were netted into one position?

    Individual trades can be viewed through the account history tab in the terminal. You may also choose to view your trades through "My Alpari" to eliminate the complexities of the MetaTrader 4 terminal.

  • Answer Close 9

    Will one deal number be provided for the netted position?

    Yes, trades netted together will share a singular deal number. Specifics of each trade netted will be available through "My Alpari".

  • Answer Close 10

    Will Account History display the netted deal number on a partial close or will it produce an entirely new order number?

    The partially closed position will acquire the existing deal number with a comment regarding the remaining active position. The remaining position will have a new deal number which will correspond with the comment on the partially closed position.

  • Answer Close 11

    What happens to differing S/L's and T/P's on open pending orders netted with open positions?

    Trades will adopt the S/L and T/P of the most recently activated pending order or trade. You can place additional pending orders if you would like your netted position to be closed at different levels.

  • Answer Close 12

    If the margin level falls below 100% is the entire netted position closed out?

    The entire net position will be closed out if the account falls below 100% margin because the netted position is considered one open position. This is a standard practice in most markets.

 

 

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