Normally you can not open the “Market Depth” board in MetaTrader4 though, FBS offers the option through its Web Trader.

In this case, please go to its official website and login to your account through the MT4 WebTrader. (only FBS MT4 is able to login to it)

FBS Official Website

Then in the market watch , you will see the list of the prices and the liquidity in lots under each financial symbol.

The available liquidity you are looking would be the whole market depth provided by FBS.

The Market depth showing 10 lots available doesn’t mean that your orders less than 10 lots can be executed without slippage.

It’s safe to say that you will find more liquidity available with popular symbols such as EUR/USD, USD/JPY and EUR/JPY.

It is because they are traded more by investors.

More market liquidity available, means the following conditions for online traders.

  • Faster order execution
  • Less amount of slippage
  • Lower possibility of re-quotes and order rejection

On the other hand, less market liquidity can lead to the following conditions.

  • Slower order execution
  • Higher slippage rate
  • Higher possibility of re-quotes and order rejection
  • Higher volatility in market prices

Minor and Exotic currency pairs have less market liquidity comparing to these major currency pairs.

You can find the available financial instruments and their contract specifications in FBS Official Website.

1

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1

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