DislikedNow will that be the case with all MT5 brokers? I understand that US brokers have to follow the new NFA regulations. But will non-US brokers also have to foloow this new tool?Ignored
There are a number of websites that have the same review with slightly greater / lesser detail, but all pretty much say the same thing. That MT5 brokers will only be able to hold 1 position open on a trade per instrument.
There are depth analysis improvements (which could be very good) and chart management improvements, but these have been done at the expense of trading profitability or functionality, especially if you pick the counter-trend trade. If you are based at USA brokerage you're stuffed any way because of the laws, which is why the big brokers there are allowing you to start up 2 accounts, or be registered at their non-USA base.
A summary of how MT5 brokers will affect your trading if you have been an MT4 trader is on the first post.
Trying to keep this first post updated. There is also a list of MT4 brokers from around the world that do not have these restrictions to profitability.