Skip to main content Skip to footer

Slippage

This will set a slippage – tolerance range at which trade on the subscriber's account will still be executed if the price on the subscriber's account is different than on the provider's account.


Close trade on subscriber's account when it’s closed on provider's account

When trade is closed on the provider's account, it will close trade on the subscriber's account. It will override everything on the subscriber's account, it will just close the trade.
 

Open Trade After Time (in Ms)

It will delay the trade opening process by the amount of milliseconds the user enters.


Open Trade After Points

It will open trade on a subscriber's account only after a certain amount of points.


Adjust Pending Orders for Subscriber's Account Level Limit

In case a broker has limitations as to how far away from the current market place can users place pending orders, this function will fix this problem. It will simply wait until price is further away or in case the pending order price is hit first on subscriber's account, it will execute market order.


Add Points to Subscriber's Account Pending Orders

User enters an amount of points by which the pending order will be adjusted on the subscriber's account account. This means pending orders on the subscriber's account account will be opened on the original provider's account pending price  + X points that user specifies which is simply added to provider's account price.


Deduct Points from Subscriber's Account Pending Orders

User enters an amount of points by which the pending order will be adjusted on the subscriber's account account. This means pending orders on the subscriber's account account will be opened on the original provider's account pending price - X points that user specifies which is simply deducted from provider's account price.


Open Pending As Market on Subscriber's Account

This will simply wait until pending is executed on the provider's account account and only then it will open market order on the subscriber's account account.


Split Orders on Subscriber's Account into Smaller

We will enter a number of orders that the original order from the provider's account account should be split into. This is fairly simple. We know the volume or risk that we are taking on the provider's account so if we need smaller orders on a subscriber's account we simply divide that risk by the amount of orders. So if we have 1 order on the provider's account of 1 lot, if we enter 2 into the input field, it will open 0.5 lot and 0.5 lot positions.


Go for Better Market Order Price

This is something like positive slippage. User will select time units in selectbox which has 3 options – Ms, Sec, Min. Then in the input field we enter value of period f.e. 50 milliseconds, 30 second or 2 minutes. It will simply wait for a specified time and until the points target is reached. Point target we enter in the third input field. So we wait for 10 seconds and our target is 20 points. If we reach 20 points anytime during those 10 seconds, we then only place market order.


Go for Better Pending Order Price

This is something like positive slippage. User will select time units in selectbox – will be small selectbox, it will have 3 options – Ms, Sec, Min. Then in input field we will enter value of period f.e. 50 milliseconds, 30 second or 2 minutes. It will simply wait for a specified time and until the points target is reached. Point target we enter in the third input field. So we wait for 10 seconds and our target is 20 points. If we reach 20 points anytime during those 10 seconds, we only then place the pending order.

Cookies Notice

We use cookies to improve your experience, personalize content, and analyze our traffic. By clicking "Accept All Cookies," you agree to the storing of cookies on your device. You can manage your cookie preferences at any time by visiting our Cookie Settings.