Metatrader vs. Saxo-account ?? | Forex Factory

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Metatrader vs. Saxo-account ??

  • #1
  • First Post: May 8, 2007 4:16am May 8, 2007 4:16am
Hello,

I have an account at the Saxobank, How could i trade or how should i configure the Metatrader to use my Saxo-account in Metrader !

Thank for you answear !
  • #2
  • Oct 7, 2008 6:13am Oct 7, 2008 6:13am
After finding a trading system which uses indicators only found in Metatrader and my broker Saxobank have their own solution without the nessary functionality I'm also very interrested and I will try and contact Saxobank for this problem solution.
  • #3
  • Nov 17, 2008 11:19am Nov 17, 2008 11:19am
Hey as promised I have found out that Saxobank isn't able to support Metatrader. Their system interface is fully custom designed to the Saxotrader platform.. Unfortunatly.

Best regards
  • #4
  • Nov 17, 2008 11:49am Nov 17, 2008 11:49am
Does Saxo have scripts?
Can they be started with hotkeys?
  • #5
  • Nov 18, 2008 5:37am Nov 18, 2008 5:37am
Hello Kenz,

No Saxobank don't have any API for scripting.
I started using the normal indicators but found it to be not good enough for my strategy which I found in here.
So I'm using Saxobank strictly for the orders only and general market insight in futures and stocks, and the "techincal analysis" on Metatrader 4 with a demo account. Reason is that saxobank's system is one of the best order platforms (what you see you get)

Kindly regards
  • #6
  • Jan 31, 2009 5:27pm Jan 31, 2009 5:27pm
Saxo has a set of dlls in there demo. Any way we can use them and make an MT4 interface?

I am not a programmer so I don't know but it sounds like an interesting experiment.

Is there any problem in trying?
  • #7
  • Jan 31, 2009 6:25pm Jan 31, 2009 6:25pm
Quoting StooperTwada
Saxo has a set of dlls in there demo. Any way we can use them and make an MT4 interface?

I am not a programmer so I don't know but it sounds like an interesting experiment.

Is there any problem in trying?
It would possibly be quite time consuming figuring out how to poke around using routines from their DLLs. i.e. What command order? What nuances? What alarm bells would go off at Saxo while you experimented? Etc.

It would take finding someone who was very keen to have that functionality and wanted to 'play'.

Buckleys chance I'd say.
Bundy's status today: "Waiting..."
  • #8
  • Jan 11, 2012 1:40pm Jan 11, 2012 1:40pm
I know this is a late reply so i may find a more recent thread. Anyway my query is do you consider a broker and platform simply because you like the usability or is it b. you like the people there c. the spreads d. the broker is on mt4 and has their own platform so you have more options?

I have hit a wall recently... i am trading with Alpari. leverage is an issue for me as i in layman terms double up, so i make back my losses (but its not that simple) anyway. The key for me is immediate fills and low spreads, also leverage as the trade sizes increase to make back the previous loss or losses

With alpari the spreads are great with pro accounts, but the leverage is set to 100:1 once your acc balance increases the leverage is lowered (cheats... i know!!!)

with mt4 there is no limit, however spread costs can be a bi** ie usdcad on pro its 1.5 non pro it can be 3.5

where to next? saxo bank on mt4 as a pro account ??
also anyone heard of PAMM accounts with alpari... the bees knees if your trading alot, you get rebate and not like those panzy companies like zulutrader with delays and non trades... adios
  • #9
  • Jan 16, 2012 9:41am Jan 16, 2012 9:41am
Hi Forum people,

Coming back to the MT4 conversation, let me introduce myself as a product envoy to this forum and announce the availability of the MT4 offering at Saxo Bank.

To benefit from the offer, you have to open an account at Saxo Bank. In case you have already got an account, you need to open a separate one by filling the Multi-account form.

Once done (i.e. opened, funded etc), your account will be supported by the MT4 team.

It's a new one and therefore you are offered a unique opportunity to become a beta-tester. We are keen to receive a feedback if you are a professional MT4 user.

Please contact me via the email and provide Saxo ID (if any) so that a rep. from the MT4 team can contact you to discuss details.

Best,
Ulrik
  • #10
  • Jan 16, 2012 10:01am Jan 16, 2012 10:01am
Quoting JamesP
I know this is a late reply so i may find a more recent thread. Anyway my query is do you consider a broker and platform simply because you like the usability or is it b. you like the people there c. the spreads d. the broker is on mt4 and has their own platform so you have more options?

I have hit a wall recently... i am trading with Alpari. leverage is an issue for me as i in layman terms double up, so i make back my losses (but its not that simple) anyway. The key for me is immediate fills and low spreads, also leverage as the trade sizes increase...
Hi James,

Referring to Saxo Bank FX trading conditions.
You can trade USDCAD on pricing bands:
Retail (non-pro)
6,000,000 - 0.0004
12,000,000, - 0.0005
25,000,000, - 0.0007

Institutional (Pro)
6,000,000 - 0.0003
12,000,000, - 0.0004
25,000,000, - 0.0006

This method matches the best possible target spread to the amount traded and removes unnecessary delays and manual intervention. Details on the bands are available in the client’s trading platforms.

As for margin requirements, clients can normally open trades using as little as 1% of the actual or notional size of the trade. Normal margin requirements by pair are listed under the FX Trading Conditions tab in the trading platforms.
Clients may, however, take advantage of halved margin requirements on their first EUR 50,000 (currently) of collateral, or equivalent.
Note, that with reduced margin requirements, clients have an increased exposure to risk.

Do not hesitate to ask me questions if any.
Best,
Ulrik
  • #11
  • Jan 17, 2012 3:11am Jan 17, 2012 3:11am
Quoting kollaps
Hello,

I have an account at the Saxobank, How could i trade or how should i configure the Metatrader to use my Saxo-account in Metrader !

Thank for you answear !
Hi Kollaps,

This reply took quite a long wait. Here it goes:
Saxo Bank is in process of creating an offering around MT4 solution integrated to a Saxo Bank account. Currently the offering is in beta testing mode where clients have to open a separate account opened in Saxo Bank A/S, funded separately or transfer funds from their existing account to the new SaxoMetatrderAccount. Note that this is a very limited offering, with limited number of instruments (14 in total) for limited number of clients (only for 5 clients) using 1 only pricing model (Saxo - Retail). Client need to accept to be a beta testing client… (attached some agreements). Account size min 2000 max 10000.
Let me know if you need more info.
Best,
Ulrik
  • #12
  • Jan 17, 2012 3:14am Jan 17, 2012 3:14am
Quoting Irix
Hey as promised I have found out that Saxobank isn't able to support Metatrader. Their system interface is fully custom designed to the Saxotrader platform.. Unfortunatly.

Best regards
Hey there,
We will soon have Saxo Bank account integrated to an MT4 trading platform where SaxoBank is a counterpart to the client accounts and trades /EAT for full solution and launch you can check with Chris …– perhaps September/

Alternately clients can open accounts from March-April and trade via MT4 trading platform (+ 2 more paltfroms web and iphone) integrated into the same account in a shared wallet under a revamped Forextrading.com brand where clients will be able to sign agreement with FTWorld a 100% subsidiary owned by SaxoBank A/S registered and regulated by CySEC.

Best,
Ulrik
  • #13
  • Jan 17, 2012 3:18am Jan 17, 2012 3:18am
Quoting Kenz987
Does Saxo have scripts?
Can they be started with hotkeys?
Saxo Bank does not have scripts. Can double check reg. hot keys if that is still a question of interest.

Best
Ulrik
  • #14
  • Last Post: Jun 23, 2015 5:18am Jun 23, 2015 5:18am
saxo, this is it:

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