Source: MetaQuotes | Author: DeltaStock
We have the pleasure of informing all our clients that since December 1, 2021, Deltastock has started offering the new electronic trading platform Deltastock MetaTrader 5.
This means that all clients of Deltastock, who have trading accounts in the electronic platform Deltastock MetaTrader 4 (MT4), can open trading accounts in MT5 with a simplified procedure that includes an automatic transfer of funds and financial instruments from their MT4 to their MT5 account.
We have made a considerable effort to make this whole process very simple and quick so that you can benefit from MT5’s features as soon as possible. We offer you three options for opening an account in MT5 and the choice of which one to pick is entirely up to you.
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1. If you wish to open an MT5 account with a simplified procedure and for your funds and open positions in financial instruments in MT4 to be transferred to MT5 automatically by Deltastock, you must go through the following steps:
– Log in with your unique username and password in the MT4 “My Account” section on Deltastock’s website.
– Fill in and submit a request for opening a trading account in MT5 by January 13, 2022. The request has been simplified as much as possible and the data we have from your MT4 trading agreement will be filled in automatically. Due to Deltastock’s regulatory obligations and due to your opening a new account and signing a new agreement, we would have to perform a new feasibility assessment and you will be required to submit all necessary declarations, as well as provide certain documents and, if necessary, go through a video identification process.
– In the MT5 account opening request, you are required to select that you wish for your funds and open positions in financial instruments in MT4 to be automatically transferred to MT5 by Deltastock.
– After finalising the MT5 trading agreement, in the first of the following weekends – December 11-12, 2021; December 18-19, 2021; January 8-9, 2022; January 15-16, 2022 – Deltastock will open your MT5 trading account and will automatically transfer your funds from MT4 to MT5. During the weekend in which the transfer will be performed, you will not have access to your trading accounts on both platforms – MT4 and MT5.
– Once your MT5 trading account is opened and your funds are automatically transferred, you will receive a confirmation email notifying you that you can now access your account and start trading.
– Your account number, username and password in MT5 will remain the same as the ones in MT4 and you will be able to change your password at any time.
– In addition to your funds and open positions in financial instruments, your trading history, account operations and all pending orders will also be transferred automatically.
– After the signing of your MT5 trading agreement, the opening of your MT5 account and the automatic transfer of your funds, your access to the MT4 platform and your MT4 trading agreement will be terminated.
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2. If you wish to open an MT5 account with a simplified procedure, but do not wish for your funds and open positions in financial instruments in MT4 to be automatically transferred to MT5 by Deltastock, you must go through the following steps:
– Log in with your unique username and password in the MT4 “My Account” section on Deltastock’s website.
– Fill in and submit a request for the opening of an MT5 trading account by January 13, 2022, at the conditions listed above.
– In the request for opening an MT5 account, you are required to select that you do NOT wish for your funds and your open positions in financial instruments in MT4 to be transferred automatically to MT5 by Deltastock.
– Please be advised that when selecting this option, you will be able to trade simultaneously on both platforms – MT4 and MT5.
– Please also be advised that when selecting this option, you must close your open positions in financial instruments in MT4 and dispose of your funds by January 20, 2022, yourself. You can request a withdrawal of your funds or transfer them from your MT4 account to your MT5 account, but only until January 20, 2022.
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3. If you do not wish to open an MT5 trading account following the simplified procedure, but wish to trade on MT5, you must go through the following steps:
– Open an MT5 trading account with the standard procedure through the “Open account” section of Deltastock’s website.
– Please be advised that when selecting this option, you must close your open positions in financial instruments in MT4 and dispose of your funds by January 20, 2022. You can request a withdrawal of your funds or transfer them from your MT4 account to your MT5 account until January 20, 2022.
If you do not wish to trade on the electronic trading platform MT5 as a client of Deltastock, you must close your open positions in financial instruments and dispose of your funds in your MT4 trading account. As of January 21, 2022, the electronic trading platform Deltastock MetaTrader 4 will be shut down, your trading agreement will be terminated and your open positions will be automatically closed at the closing prices of January 20, 2022. Upon termination of the agreement, we would then need further instructions on how you would prefer us to dispose of your finds.
Please take the above information into consideration when planning your trading strategies.
