login
Open Free Account

Resources

Mark to Market is a thing of the past! Onward!

/
Piru Harington
Mark-to-market-removal

You wanted us to remove the Mark To Market (M2M/MTM) process that ran every night, and we did exactly that.

For those of you that aren’t too familiar with the M2M process, this is what we are talking about:

A Mark To Market (MTM/M2M) is a measure of the fair value of accounts to reflect the current market value of a group of assets at a specific time. So, to put that into perspective, all open positions on a trading account would be revalued at the prevailing market price (in most cases, the last traded price on Exchange) every night. Any subsequent profit or loss would then be released to your account.

With the introduction of our MetaTrader 5 platform, the M2M caused a couple of incompatibility issues with many Expert Advisor’s and Signals. It also rendered the graphical representation of a position’s entry price useless as your “entry price” changed every day to the previous day’s close, which confused and frustrated a lot of traders. It just didn’t work well with many of the built in features of MT5.

With the removal of the M2M process, positions run continuously until the trader decides to close/realise the profit and loss (with the exception of instruments that have expiry dates, like Futures, e.g. ALSI Future). EA’s and Signals work like they should and everybody is happy.

SEARCH ALL RESEARCH