The MetaTrader 4 platform supports the following execution modes in line with FOREX.com's. Market orders Market orders are executed at the best available price at the time the order is received. Gapping/Volatility When economic data releases or major news events are announced, prices may “gap” as the market reacts and adjusts to the news–i.e. Prices may move dramatically in one direction.
MetaTrader 4 for Mac OS X is an extremely popular version of MT4 that contains all the best program’s features, including financial analytics, trade robots, charts, notifications and much more! How to Download MetaTrader 4 Trading Platform Free for Mac and Windows Close As you probably guessed by now, we are heavy users of the popular MetaTrader 4 trading platform on our MacBook Pro as well as on our home desktop which runs on Windows. The Metatrader 4 Mac trading platform is specifically built for those with the Mac OS operating system. If you are a Mac user and enjoy forex trading, then you will feel at home with our custom solution. MetaTrader 4 for Mac. Vantage FX has developed a unique solution for Apple users, allowing them to fully exploit the powerful capabilities of the MT4 platform on their iOS based devices.
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We always aim to provide liquidity, but in extreme market conditions there may be no available liquidity for a very short period. Gap market conditions are also common when trading resumes after a weekend or holiday. Toshiba wireless card drivers. You should be aware of the following risks associated with volatile markets: Stop and limit orders may be executed at a different price from the requested price, or the last quoted trade price at the time of order entry. Orders may be partially executed or may be executed in several stages at different prices.
Opening prices may differ significantly from the previous day’s close. Slippage Our quoted prices are executable the majority of the time. In fast moving markets, orders may be executed at a price which has ceased to be the best market price. Limit order will always be filled at the price asked or better. Execution Sources Our foreign exchange, gold, and silver price quotes are generally derived from prices provided to us by selected top-tier global banks in the wholesale foreign exchange, gold and silver markets which we believe will provide the best available prices to you on a consistent basis. What order types are available on MetaTrader 4? Market Order Market orders are executed at the best available price at the time the order is received.
Limit Orders Limit orders are executed at the order rate or better. Sell limit orders are filled when the bid reaches the requested rate; limit orders to buy are filled on the offer. Stop Orders A stop order is an order to buy or sell once a pre-defined price is reached. When the price is reached, the stop order becomes a market order and is executed at the best available price. Stop Entry Order - this is an order placed to buy above the current price, or to sell below the current price. These orders are useful if you believe the market is heading in one direction and you have a target entry price.
Stop Loss Order - this is an order placed to sell below the current price (to close a long position), or to buy above the current price (to close a short position). Stop loss orders are an important risk management tool. By setting stop loss orders against open positions you can limit your potential downside should the market move against you. Remember that stop orders do not guarantee your execution price – a stop order is triggered once the stop level is reached, and will be executed at the next available price.
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Time and sales reports for a specific period can be requested by contacting customer service. All of the above orders may be entered as Day Orders, entered today and good until end of New York business day (5pm New York time). Or, customers may choose to enter a Good 'til Cancelled Order (GTC), which is valid for 90 days from the date the order is entered or until the order is executed or cancelled. Orders remain open until they are triggered or cancelled. If a position is closed manually, any order(s) relating to that position must also be cancelled.
Placing contingent orders may not necessarily limit your losses. Minimum Placement Distance Limits and stops must be set at least 1 pip away from the prevailing market price. Order Expiry End of Day (EOD) orders automatically expire at 5pm New York time on the same day the order was entered. Good ‘til Cancelled (GTC) orders automatically expire on the Saturday following the 90th calendar day from the date the order was entered. Orders Left Over the Weekend or Holidays FOREX.com’s trading hours are from Sunday at 5pm New York time through Friday at 5pm New York time.