In MT5 do I have to pay an extra spread relative to MT4? - page 11
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sanyooooook:
In other words buy limit and sell limit orders should be executed in Bid and Ask respectively,i got the same situation with limit orders in MT5 on forex (not forex pairs) as in MT4
I don't get it. Buy limit on bid and sell limit on ask?
How can that be? That should only make the spread increase. I can not imagine.
Where this is the case, a commission is probably withheld.
I don't get it. Buy limit on bid and sell limit on ask?
How can that be? That should only make the spread increase. I can't imagine.
the commission is much smaller than the spread.
for example in Forts eurdollar futures, one pip is enough to cover the commission and there is no deduction of spread when you open the position.
That is, if the spread is wide enough, I can enter and exit frequently.
That's a bit of a load of bullshit, isn't it?)
and what is it per 1 lot traded?
I take the eurodollar forts futures as an example.
commission for opening 1 rouble, commission for closing 1 rouble, price of a pip is 3 roubles. at 1 pip difference in the price we receive a profit of 1 rouble.
it is less than the usual 2 pips via MT4
That is, if the spread is wide enough, I can enter and exit frequently.
That's a bit of a load of rubbish, isn't it?)
Depends on liquidity.
Hmmm... That seems about right.
Somebody's selling at a bid. I'm buying from them. Somebody else is buying from me. I sell to him. Seems about right.
The question is, why is the ask higher than the bid?
I'm confused.
Hmmm... That seems about right.
Somebody's selling at bid. I'm buying from them. Somebody else is buying from me. I sell to him. Seems about right.
The question is, why is the ask higher than the bid?
I'm confused.
I think it's a limit order to buy if I buy with limit orders and if I buy with the market to buy with the ask, then sell with the bid.
You have to use the market depth as an example, open a demo account at Otkritie and watch it, it's easier to understand.