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 [...]

What are the different order types?

A ‘Market order’ is the simplest order type. It is an order to buy or sell at the prevailing market price. A “Pending Order” is an order to buy or sell at a pre-defined price in the future. The following types of pending orders are available: Buy Limit Buy Stop Sell Limit Sell Stop You can attach a Stop Loss and/or Take Profit to any order. *You can modify a Stop [...]

What is the spread?

The spread is the difference between the BID and ASK prices. The lowest spread you can get is close or equal to zero, in this case BID=ASK. We do not quote a negative spread. We offer some of the most competitive spreads in the industry. The best way to evaluate our spreads is to open a Demo account. *Important. Since we are a variable spread broker, the spread will greatly depend on the [...]

What is a quote?

For all tradable instruments, we quote two prices: the higher price (ASK) at which the client can buy (go long) that instrument and the lower price (BID) at which the client can sell (go short) that [...]

When do holidays affect trading hours?

Holidays are announced through our website, by email or by internal mail of the MT4/MT5 trading [...]