How are orders processed?
A Buy Limit, Buy Stop, Stop Loss and Take Profit for an opened short position are executed at the ASK price.
A Sell Limit, Sell Stop, Stop Loss and Take Profit for an opened long position are executed at the BID price.
*Stop Loss, Take Profit, Buy Limit, Buy Stop, Sell Limit and Sell Stop are executed at the requested price; however, under certain trading conditions, it may be impossible to execute the above at the requested price, and FXChoice has the right to execute them at the next best price. In market execution mode, this situation is commonly referred to as slippage, and it can be both positive and negative for all order types.