Service

We specialise in the MetaTrader 4 (MT4) trading platform.

The MetaTrader platform enables real-time display of rates and graphs, along with technical analyses and real-time display of profits and losses, makes it possible for orders to be placed by a few clicks and offers other useful functions that simplify trading. Each strategy should include diversification for the purpose of minimising risk. Therefore, the MetaTrader platform enables trading with currency pairs, commodities and shares. Thanks to the quick execution of orders in the MetaTrader platform, you will mostly benefit from the short waiting period, which can be decisive during trading.

Ideally, you should have a computer with Windows XP or higher. You can install the MetaTrader platform on the local computer or use it in your web browser. Even without a PC, you can use the MT4 mobile app on your tablet or smartphone. The range of functions is slightly limited as far as analysis of graphs is concerned, but the basic functions are available. The order functions are fully available. You can, of course, use the mobile app together with the installation on your computer.

Bernstein bank will provide the MT4 platform to you free of charge.

The MetaTrader platform has been designed as software for trading contracts for difference (CFDs) and foreign exchange rates. The CFDs were developed a few dozen years ago in England to help users avoid the obligation to pay the duty stamp tax. The trading is conduced directly with the contract seller, and therefore these types of financial transactions fall under what is known as trading off the counter, abbreviated as OTC trading. The CFD trading does not concern the underlying asset – only the changes to its rate are traded. The special feature of CFDs is that you can speculate with these instruments both when rates rise and when they fall, which creates entirely new trading opportunities for private investors.

Positions that speculate regarding rate increases are referred to as long positions, and positions that speculate regarding rate declines are referred to as short positions. Over time, the CFD contracts have been implemented for countless underlying assets (“Underlyings”). European and American shares are common, for example, as well as their main indices. Another important factor during trading in the MetaTrader platform is Forex trading. During Forex trading, also known as currency trading, currency pairs are traded. The most important currency pairs include EUR/USD, USD/JPY and GBP/USD. The currency market can be considered the financial market with the highest turnover volume in the world.

Due to its high liquidity, this market is appropriate for intra-day trading strategy, during which multiple transactions can be completed within a single day. In this case, like with CFD contracts, long or short positions can be entered. Another advantage of this market is that trading can be done almost non-stop from Monday morning to Friday evening.

Simply visit our website and click on “Open Demo Account” or “Open Real Account”. You will then receive a download link. You will receive the log-in details from us by e-mail. Installation will be done automatically.

If your computer is protected by a special firewall and the MT4 application does not launch, ensure that port 440 is opened.

Risk management is generally considered the most important element of successful trading. Many successful traders clam that trading is basically nothing more than management of the risks posed by open positions. Risk management tools include determination of position size, the “stop loss” order or the target for profit withdrawal (target profit, also known as the target rate) and/or the “stop for ensuring profit” (a trailing stop) order.

An important tool for ensuring successful trading from a long-term point of view is also diversification, i.e. distribution of your investment to various instruments.

First of all, it needs to be pointed out that the expression “stop” refers to a type of order. Using the “stop rate” order you can set the signal value at which the market order will be issued and your position will be closed or opened for the closest tradable rate. The additional word “loss” means nothing more than that limitation of your loss is involved. When the order is executed, your position will be closed with a loss.

The “stop loss” order serves for protection of your business investments. The position will be closed via the “stop loss” order after a certain loss amount is reached. That amount will likely range between 2% and 4% of invested capital. For example, if your investment amounts to 100,000 euros, then the risk of losses will likely range between 2,000 euros and 4,000 euros. You can, of course, set the “stop loss” order in the MetaTrader platform.

With the help of a profit target, you can set the moment when you will withdraw from the position. You can calculate the profit target via technical analysis tools (such as the level of support and resistance, Fibonacci projection or the Fibonacci level of reverse movements) and enter it into the trading platform. The profit target can also be set using other methods, of course, such as if your achieved profit amounts to 5% of the entered value.

First of all, it needs to be pointed out that the expression “stop” refers to a type of order. Using the “stop rate” order you can set the signal value at which the market order will be issued and your position will be closed or open for the closest tradable rate. The added phrase “for ensuring profit” does not mean anything other than that it involves ensuring achieved profit. During the execution of the order, your position will be closed with the available remaining profit.

Generally, diversification involves distribution of assets to multiple financial instruments. The aim is to prevent concentration of risk and “bet on more than one horse”. The probability of a high loss is therefore much lower with many different financial instruments than with a portfolio comprised of one or more small financial instruments. Even with a low investment, it is very easy to trade with multiple instruments and use diversification to achieve reduction of risk, thanks to trading on a margin account and the need to make only an insignificant capital investment.

In the case of a margin account, it is enough to have available only a fraction of capital from the traded volume. It is necessary to have only an insignificant guarantee amount in the account (margin). This, for example, will enable you to trade a currency pair in a volume of 10,000 euros while having only a needed guarantee amount of 100 euros in the account.

You will receive account statements daily, if any transactions occur in your account (trade, investment, payout). Account statements will be sent by e-mail. Of course, you can log into your account at any time and in real time get an overview of your account balance, open positions, transaction history, etc.