Brokers and Closing Order Too Close to Market
ECN style broker will not restrict placement of orders.
You pay commission for the privilege, instead of enforced spread.
That's really good to know. Do you know of any ECNs that will do this? Or do they all generally do this? I'm just asking because I haven't seen this with any of the ECNs that I work with and I'm curious to know what the standard commissions are and if it's worth it.
So yeah, do you know which ECNs do this? Also, have you heard of non ECNs doing this as well?
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
I was wondering if anyone knew a broker in which you can place a pending market order fractional pips away from the current market value. For instance, if the current price for EURUSD was 1.28086, I would like to place modified pending orders at 1.28088 or 1.28084 (which are .2 pips away).
The broker that I've been using require it to be at least 3.0 pips away to place an order. Can anyone recommend a broker that will allow an EA to place such close pending orders?
Thanks