MH Markets supports a range of trading approaches and MetaTrader tools. However, the fact that a trading platform can technically place a certain type of order or run an automated tool does not automatically mean that every trading strategy is permitted.
The applicability of a strategy should be determined by the client agreement and the rules applicable to your account.
Expert Advisors (EAs)
Expert Advisors can be used to automate trading on MetaTrader. However, automated trading activity remains subject to the applicable account rules.
Restrictions may apply to unauthorised automated use or other activities identified in the applicable client agreement.
For information about installing an EA, see Installing Expert Advisor (EA) on Meta Trader.
Scalping
Scalping involves opening and closing positions over short periods to capture small price movements.
Scalping may be permitted, but excessive or abusive scalping practices may be restricted under the applicable account rules. Do not assume that every high-frequency scalping approach is permitted.
For an introduction to scalping, see What is Scalping in Trading?
Arbitrage
Arbitrage strategies may be subject to restrictions depending on the strategy and the applicable account terms.
The Mauritius client agreement published by MH Markets addresses restrictions relating to activities such as latency arbitrage and the use of erroneous quotes.
Do not assume that a strategy is permitted simply because it can be implemented technically through MetaTrader.
Hedging
Hedging refers to holding positions intended to manage or offset exposure. Whether a particular hedging activity is permitted should be determined according to the client agreement and applicable account rules.
The availability of hedging functionality on the trading platform does not by itself confirm that every hedging strategy complies with the applicable terms.
Before Using an EA or Trading Strategy
Before using an automated or high-frequency strategy, consider providing the following information when asking MH Markets for clarification:
- Trading frequency
- Typical holding period
- Whether multiple accounts are involved
- Whether automated tools are used
- The specific strategy or trading approach
If you are unsure whether a strategy is permitted, request written clarification based on the terms applicable to your account.
For the specific restrictions applicable under the Mauritius client agreement, see Clause 23 of the client agreement.