Order Execution Policy

1Market Orders

• Instant Execution:

  This order is executed or rejected at the requested Bid or ask price for the full amount of the trade. For stock indices only, the order will be executed at market best conditions.

• Market Execution:

  This order is executed at the best available price or rejected if no price is available, the order is filled for the full amount but can be filled better or worse than the requested price.

2Limit Orders

• Buy Limit:

  This order will be activated when the ask price touches the buy limit order. The activated order will be executed at the best available price or rejected if no price is available, the order is filled for the full amount but can be filled better or worse than the requested price. Same policy applies for take profit orders.

• Sell Limit:

  This order will be activated when the Bid price touches the sell limit order. The activated order will be executed at the best available price or rejected if no price is available, the order is filled for the full amount but can be filled better or worse than the requested price. Same policy applies for take profit orders.

3Stop Orders

• Buy Stop:

  This order will be activated when the ask price touches the buy stop order. The activated order will be executed at the best available price or rejected if no price is available, the order is filled for the full amount but can be filled better or worse than the requested price. Same policy applies for trailing Stop orders.

• Sell Stop:

  This order will be activated when the bid price touches the sell stop order. The activated order will be executed at the best available price or rejected if no price is available, the order is filled for the full amount but can be filled better or worse than the requested price. Same policy applies for trailing stop orders.

Leverage Risk

On the one hand, by using leverage, even from a relatively small initial investment you can make considerable profit. On the other hand, your losses can also become drastic if you fail to apply proper risk management.This is why we provides a leverage range that helps you choose your preferred risk level.

Stop Out

The stop-out level refers to the equity level at which your open positions get automatically closed. As the stop out levels vary depending on the technology you are using, please read carefully before making any transactions on your account.

Rollover Policy

Rollover is also called Swap. It is the interest paid or for holding a position overnight. Each world currency has an interest rate connected to it. Since forex is traded in pairs, every trade involves not only two different currencies, but also two different interest rates.

If the interest rate on the currency you bought is higher than the interest rate of the currency you sold, then you will earn rollover (positive roll). If the interest rate on the currency you bought is lower than the interest rate on the currency you sold, then you will pay rollover (negative roll).

Rollover can add a significant extra cost or profit to your trade depending.