What is TMS MT4?

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TMS MT4 is the highly popular MetaTrader4 platform. TMS MT4 is based on the Straight-Through Processing - No Dealing Desk (STP NDD) model. TMS Brokers – the first licensed Polish brokerage firm operating in the FX market – enables trading on two different platforms: TMS Direct and TMS MT4.

TMS MT4 provides MT4 access to ECN (Electronic Communication Network) liquidity, known for tight spreads and market depth.

TMS MT4 features include:

  • No Dealing Desk (NDD) order execution
  • Straight-Through Processing (STP)
  • Electronic Communication Network (ECN) liquidity
  • 36 currency pairs, gold and silver
  • Tight variable spreads from 0 pips (averaging .5 pips in EUR USD)
  • Low initial deposit of PLN 3,000, €1,000, or $1,000
  • Low commission of .004% on traded volume (i.e., $40 for each $1M traded)
  • Micro lots of $10,000
  • Low initial margins (regardless of account balance) from 1% to 3%
  • Stop-loss levels at 0 pips distance from current market price
  • Expert Advisors (EA)
  • Stop-Loss and Take-Profit execution at market price (or at the nearest available level should a price gap occur)
  • Effective exchange rate is set using trade-weighted model, according to the ECN standard.

For example:

A client buys 10M EURUSD. Available offers from TMS liquidity providers are:

  • 5M EUR at 1.41000
  • 3M EUR at 1.41020
  • 2M EUR at 1.41030

The effective exchange rate for EUR 10M is set at 1.41012