Virtual Diligence Plugin
This solution protects brokers from traders who abuse trading platform. This plug-in has different ways of configuration (by groups, symbols) and automatically performs contra-measures against scalping methods. As a result, it reduces broker's risks.
- Prevents arbitrage trading on delayed quotes
- Separate settings for groups and accounts
- Processing of pending orders
- Instant / Market execution supported
Unlike the standard MT4 Stop Out option in, the plug-in supports filtering by accounts,not only groups. When the certain level of equity is reached, all orders on the client account are automatically closed and he is not able to open new ones. Critical level of equity can be defined as an exact value or as a percentage of equity loss on the day.