Hey all. I currently trade FX using Thinkorswim with TD Ameritrade. TD Ameritrade's FX uses Gain Capital (Forex.com) as their provider, so it is really Gain capital in a TD wrapper. That being said, I am a US trader looking to possibly move to an offshore broker to get more leverage and escape the CFTC restrictions that we US traders have currently. I find that I am limited to 2 positions max at a time using my timeframe due to maxing out at 50:1 leverage.
Now I am aware that most brokers use MT4 and I am only vaguely familiar with the platform from messing around with some demo accounts. I know I won't be able to use Thinkorswim once I make the jump, so I am wondering how I can make MT4 as much like Thinkorswim as possible. More specifically right now Thinkorswim has a feature that tells you the pip value of each pair in your local currency, which would be $USD for me. It's complicated to calculate pip values for each pair, so I would like to know if there is a plugin of some sort that can tell you. Does anyone know?
Now I am aware that most brokers use MT4 and I am only vaguely familiar with the platform from messing around with some demo accounts. I know I won't be able to use Thinkorswim once I make the jump, so I am wondering how I can make MT4 as much like Thinkorswim as possible. More specifically right now Thinkorswim has a feature that tells you the pip value of each pair in your local currency, which would be $USD for me. It's complicated to calculate pip values for each pair, so I would like to know if there is a plugin of some sort that can tell you. Does anyone know?
