FAQs
What is the maximum number of open trades/volume I can trade?
The maximum lot size per trade for most pairs is 50 lots* – the equivalent of 5,000,000 units of the base currency. The max lot size for Crude Oil (XTI/USD), Brent (XBR/USD) and Natural Gas (XNG/USD) is 20 lots. There are no limitations on the number of open trades, regardless the lot size traded. * … Continued
Posted on July 19, 2018
by Admin
Can slippage occur on my account?
Our Market Execution guarantees that your order will be executed at the market price available, with no re-quotes. This means however that the price at which your order is filled may be different from the one you specified (i.e. slippage may occur), as the entry rate depends entirely on the current market movement. Both MT4 and JForex … Continued
Posted on July 19, 2018
by Admin
Do you guarantee a Stop Loss?
As an STP broker, Tier1FX offers Market Execution. This guarantees that your orders are always* filled at a fair and transparent market price, with no dealer intervention, re-quotes and delays. As all orders, including Stop Loss, are filled at the current market price, it is possible for your trade to be closed at a level … Continued
Posted on July 19, 2018
by Admin
Can I place SL and TP at the same time I place a new trade?
Our Market Execution guarantees that your order will be executed at the best market price available, with no requotes. As the entry price may vary depending on market, it is not possible to set Stop Loss and Take Profit at the time you are placing a new order. You can set your Stop Loss and Take Profit as soon … Continued
Posted on July 19, 2018
by Admin