Hello Friends,
My current broker Liteforex has a some problem with price gaps after the weekend and there Stop Loss idea is POINTLESS in my opinion:
"5.12. In case the first tic, which satisfies to opening order conditions, appears on the distance less than 4 spreads from the previous tic, it is executed at the price specified by the Client without any slipping.
In case the first tic, which satisfies to opening order conditions, appears on the distance more than 4 spreads from the previous tic, the Company has the right to process the order at a live market price."
In today's monday night I had 50 pips StopLoss on USDCHF buy position and I got 125 pips loss....
So I'm looking for new broker without such limitations and with similiar other conditions like Liteforex: mini accounts (10dollars), high leverage 500:1. I will appreciate for any suggestions.
Regards
Steeleq
My current broker Liteforex has a some problem with price gaps after the weekend and there Stop Loss idea is POINTLESS in my opinion:
"5.12. In case the first tic, which satisfies to opening order conditions, appears on the distance less than 4 spreads from the previous tic, it is executed at the price specified by the Client without any slipping.
In case the first tic, which satisfies to opening order conditions, appears on the distance more than 4 spreads from the previous tic, the Company has the right to process the order at a live market price."
In today's monday night I had 50 pips StopLoss on USDCHF buy position and I got 125 pips loss....
So I'm looking for new broker without such limitations and with similiar other conditions like Liteforex: mini accounts (10dollars), high leverage 500:1. I will appreciate for any suggestions.
Regards
Steeleq