How does one protect oneself from rouge server 'CLOSE' prices, even from a so-called regulated brokerage.

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 Example hit me on 22/02/2023

How does one protect oneself from rouge server 'CLOSE' prices, even from a so-called regulated and high-customer brokerage.

I was trading the AUDUSD pair with  a 0.03lot Buy, close ~0.68xxx when I received a SELL-OUT close of 0.0326.

Knocked me from AU$9300 to AU$-621,xxx (yes negative)


Here is a log of my Mobile Notifications;


CS 0 03:07:46.378 Trades '61116654': market buy 0.03 AUDUSD tp: 0.68665

CS 0 03:07:46.658 Trades '61116654': accepted market buy 0.03 AUDUSD tp: 0.68665

CS 0 03:07:46.659 Trades '61116654': deal #55394288 buy 0.03 AUDUSD at 0.68582 done (based on order #70755364)

CS 0 03:07:46.662 Trades '61116654': order #70755364 buy 0.03 / 0.03 AUDUSD at 0.68582 done in 283.918 ms

CS 0 03:07:48.094 Notifications notification 'added order #70755364 buy 0.03 AUDUSD at market tp: 0.68665, EKY_RANGE' sent to '47FA9DE5'

CS 0 03:07:48.441 Notifications notification 'deal #55394288 buy 0.03 AUDUSD at 0.68582 done, based on order #70755364 buy 0.03 AUDUSD at market' sent to '47FA9DE5'

CS 0 03:12:29.494 Notifications notification 'R:EKY_RANGE AUDUSD >  87[27.7%] (2)' sent to '47FA9DE5'

CS 0 03:28:29.714 Notifications notification 'R:EKY_RANGE AUDUSD >  87[27.7%] (2)' sent to '47FA9DE5'

CS 0 03:28:46.551 Trades '61116654': deal #55395595 sell 0.03 AUDUSD at 0.00326 done (based on order #70758952)

CS 0 03:28:46.577 Trades '61116654': deal #55395605 sell 0.5 EURUSD.a at 1.06818 done (based on order #70758966)

CS 0 03:28:47.779 Notifications notification 'stop out reached ml -23104.94%, equity: -618 447.62 AUD, margin: 2 676.69 AUD, profit: -628 208.30 AUD' sent to '47FA9DE5'

CS 0 03:28:48.142 Notifications notification 'added order #70758952 sell 0.03 AUDUSD at 0.00326, [so at -23104.93% ], due stop out' sent to '47FA9DE5'

CS 0 03:28:48.488 Notifications notification 'deal #55395595 sell 0.03 AUDUSD at 0.00326 done, profit: -628 122.70 AUD, based on order #70758952 sell 0.03 AUDUSD at 0.00326' sent to '47FA9DE5'

CS 0 03:28:48.850 Notifications notification 'added order #70758966 sell 0.5 EURUSD.a at 1.06818, [so at -24001.80% ], due stop out' sent to '47FA9DE5'

CS 0 03:28:49.212 Notifications notification 'deal #55395605 sell 0.5 EURUSD.a at 1.06818 done, profit: -79.50 AUD, based on order #70758966 sell 0.5 EURUSD.a at 1.06818' sent to '47FA9DE5'

CS 2 03:43:01.333 Trades '61116654': failed market sell 0.5 EURUSD.a tp: -0.00042 [Invalid stops]

 

Danm thats bad ! so you did not close the trade :sorry im just trying to figure out what was the events leading up to the close  did the spread spike ?

 
Christopher Hubert Gainsford #:

Danm thats bad ! so you did not close the trade :sorry im just trying to figure out what was the events leading up to the close  did the spread spike ?

Spike,did it ever, I not sure it had any to do with the spread, bid and ask, movements, As only a tick close price can operate the trading closure. The EA automatically would never be able to react on last reasonable close  in enough time.
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