Does FXPro guarantees my Forex orders and execution? What are platform and execution model?
No guarantee to orders
No broker is able to fully guarantee orders as certain trading conditions including, but not limited to, high market volatility or illiquidity make it impossible for them to execute pending orders at the declared price.
Under such conditions, FxPro reserves the right to modify opening and/or closing prices and to fill your order at the next best price.
Placing a stop-loss order may serve as an additional risk-mitigation strategy.
However, a stop-loss order is never guaranteed.
This is because the price at which the stop-loss order is placed serves as a “trigger point”.
In the event that the price of the financial instrument being traded reaches the trigger price, your stop-loss order will be treated as a market order and executed at a Volume Weighted Average Price (‘VWAP’) as per the Order Execution Policy.
During abnormal conditions and high volatility, a stop-loss order may be executed at a worse price.
NDD execution is guaranteed
FXPro is a broker who has quite being a Market Maker to place counter-orders against its traders.
Meaning that all your orders are directly sent to FXPro’s Liquidity Providers.
No brokers can guarantees the orders though, FXPro can guarantees that the no one will interfere nor manipulate your orders in any cases.
For the comparison of FXPro’s all account types, visit the page here.
Choose the Execution Types as you want
Unlike other typical FX brokers, FXPro provides investors with various options of trading environment.
With FXPro, you can choose from MT4, MT5, cTrader and FXPro Edge trading platforms.
For FXPro MT4 platform, you can choose from Market Execution, Instant Execution, Floating (variable) spread and Fixed spread.
Depending on your trading strategy, you may choose the most suited account type and platform.
For the comparison of FXPro’s all trading platforms, visit the page here.