ECN accounts

In ECN accounts, you can configure how your orders will be executed. This can be done in your personal account, in the settings menu of the trading account.

Entering the sizes of slippage in the comments to orders

With the option enabled, the slippage size is entered in the comments to an order.

Market orders: slippage is the difference between the price when an order is received in the server and the price when the order is actually executed.

Pending orders: slippage is the difference between the price set in the order and the actual execution price.

It is not recommended to use this option if you are using expert advisors because some expert advisors make use of comments to orders.

Symbol Price S / L T / P Price Commision Swap Profit Comment
eurusd 1.12179 0.00000 0.00000 1.12176 -0.07 0.00 -0.03 [0]
eurusd 1.12172 0.00000 0.00000 1.12186 -0.07 0.00 -0.14 [+5]
Partial execution of limit orders

With this option enabled, limit orders will be executed using the Good-Till-Canceled (GTC) algorithm.

An order will be executed at the price specified in it and in the volume available on the market at that moment (that is, in part or in full).

For partial order execution, a GTC-order will remain on the market until it is fully executed at the set price (until liquidity at the set price appears in the market) or until the trader cancels it.

With the option disabled, limit orders will be executed using the Fill-Or-Kill (FOK). algorithm. An order can be executed only in full. Therefore, if there is insufficient liquidity in the market, the order will wait for re-activation.

The setting is applied for Take Profit, Sell Limit and Buy Limit orders.

Market execution of limit orders

With the option enabled, limit orders will be executed as market orders.

If an order is activated, it will be executed in full at current market prices.

Cancellation of related orders in the case of a gap

With the option enabled, a pending order will be cancelled in the event that its activation and closing prices for Stop Loss / Take Profit have fallen into a gap (activated on one tick).

Cancellation of stop orders at a gap of more than N points

With the option enabled, a stop order will be cancelled if the difference between the price set in the order and the first quote activating the order after the gap is greater than or equal to the value set by the trader (N points).

This option applies to Buy Stop and Sell Stop orders. It doesn't apply to Stop Loss orders.

Execution of market and stop orders as limit orders with a slippage restriction of at most N points

With the option enabled, market and stop orders will be executed as limit orders, with a price adjusted to the amount of allowable slippage (N points) set by the trader.

  • For a stop order, adjustment will be made for the worse (relative to the declared order price);
  • For a market order, adjustment will be made for the worse (compared to the price that was existing at the time instruction was received in the server to open a market order).

This configuration is relevant for Market Order, Sell Stop and Buy Stop orders. It is not relevant for Stop Loss, Take Profit, Sell Limit, Buy Limit and Stop Out.

Activation of stop orders at opposite price

With the option enabled, stop orders will be executed according to the following algorithm:

  • Buy Stop is sent for execution when the Bid price crosses the order price;
  • Sell Stop is sent for execution when the Ask price crosses the order price;
  • Stop Loss is activated when the Ask (for Buy) / Bid (for Sell) price crosses the Stop Loss level.

This configuration is relevant for Market Order, Sell Stop and Buy Stop orders. It is not relevant for Stop Loss, Take Profit, Sell Limit, Buy Limit and Stop Out

Note!
  • During bank rollover – from 23:50 to 00:05 (EET time) – liquidity reduces, and the spread and processing time of client orders may increase.
  • When transferring orders across all groups of instruments from Wednesday to Thursday, swap is charged at a triple rate.