Pepperstone's Smart Trader Tools for MT4

Pepperstone Offers Smart Trader Tools for MT4

Pepperstone
Online BrokerMarketsScalping & EAsRegulatorsPlatforms
95+
Markets
Scalping & EAs
FCA, ASIC
Regulation
MT4, MT5, cTrader
Platforms

Pepperstone Offers a Suite of Tools for MT4

FCA and ASIC regulated broker Pepperstone is offering a suite of trader tools for MT4 which aim to help with trading and decision making. The tools may support various kinds of trading on MT4, including scalping, trading on liquidity and other events and trading on the tick chart. It also provides support for technical indicator use.

What is Smart Trader Tools ?

This is a suite of apps designed to help the trader get more out of MT4. It contains:

  • An Alarm Manager for alerts and notifications
  • A Correlation Matrix which aims to give insight into market exposure and risk, by showing assets with correlations between them and other markets; this can help avoid trade duplication, as it can show which assets are behaving in a similar way
  • A Correlation Trader which lets traders compare different markets, by showing differences and similarities in market correlations
  • An Excel RTD which displays account and pricing data, this also lets the trader use Visual Basic for Applications, which enables market orders to be executed based on models
  • A Market Manager that allows account management, giving a snapshot of account activity without accessing the full MT4 terminal
  • Connect which provides a suite of tools such as an RSS News Feed and access to Pepperstone's other tools, such as its trading guides
  • A Trade Terminal for fast order execution and analysis
  • A Mini Terminal which provides the functionality of the full Terminal but for one market
  • A Sentiment Trader that gives a guide to market sentiment
  • A Trade Simulator to test strategies on past prices
  • A Session Map which shows real time market sessions for Sydney, Tokyo, London and New York and includes news events related to sessions; this can help with trading on liquidity events, for example when markets open, close or overlap
  • Stealth Orders which lets the trader hide their pending orders from other market participants
  • A Tick Chart Trader which lets the trader place trades at peaks or drops in the tick chart, for scalpers and those needed precise entry points
  • A set of Indicators and tools, to help with indicators

What is in the Indicator Tool ?

  • Candle Countdown, which shows the time left in a given candle
  • Chart Group which allows charts of one currency pair to be grouped, to help workflow
  • Freehand Drawing which enables drawing directly on the chart
  • High-Low which shows the high and low of a particular period
  • Order History which displays past trades with profit and losses
  • Pivot which shows market pivot points
  • Renko which overlays Renko bars onto the chart, to focus on market movement and changes in prices

How does the trader get the Smart Trader Tools ?

The trader needs to open an account with Pepperstone, if they do not already have one, which requires a minimum deposit of £100 or AU$/$200. They then need to contact their account manager. To get the tools a minimum account balance of AU$500 or equivalent is required. Visit: Pepperstone and find out more.

What platforms to trade does Pepperstone provide ?

As well as MT4, Pepperstone also offers MT5 and cTrader, which is designed for ECN trading and provides Level II pricing, among other features. These platform are available for desktop, tablet and mobile. It also provides a webtrader based on MT4.

What kind of trading does Pepperstone offer ?

Pepperstone is an ECN broker with a focus on Forex, which connects MT4 with Interbank liquidity using EDGE technology, utilising optical fiber connections. So it aims to deliver very rapid order processing with low prices and no dealing desk intervention. Thus EAs and scalping are allowed.

What markets does Pepperstone offer ?

Forex, Metals, Energy, Soft Commodities, Cryptocurrencies and Indices, for a total of 95+ instruments.

What account currencies are available at Pepperstone ?

Accounts are available in: AUD, USD, GBP, EUR, CAD, JPY, NZD, CHF, SGD and HKD.

What kinds of Forex spreads are available at Pepperstone ?

Pepperstone offers variable spreads. For Forex these can be either very low spreads (from 0.0 for EUR/USD, with an average of 0.2) with a commission charge added or they can be commission free Forex spreads with a mark up. This means that the commission free spread for EUR/USD is 1, with an average of 1.2.

Pepperstone charges a commission of $3.76 or AU$3.5 or €2.61 per lot per side on the Razor account, depending on the account currency. cTrader commissions are 7 units per lot round trip of the first quoted currency in the traded currency.

Is Pepperstone regulated ?

Pepperstone is regulated in both the United Kingdom by the FCA and in Australia by the ASIC.

Pepperstone Limited is authorised and regulated by the Financial Conduct Authority (FCA) in the UK with registration number 684312 and is registered in England and Wales, with company number: 08965105

Pepperstone Group Limited is authorised and regulated by the Australian Securities and Investments Commission (ASIC) with AFSL 414530 and is registered in Australia under ACN 147 055 703.

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