Can not make Instant Execution trade on demo account
MIG Bank is ECN Broker, so their server can not accept instant order, MetaQuotes has "conventional broker" in their server, so they can accept instant order.
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Hello,
I am new to Metatrader5 and to forex trading so I want to get a lot of practice on the demo account.
When I choose New Order the only options I get are Market Execution and Pending Order. I can't add a stop-loss at this stage, and am finding that by the time I navigate through to get a stop-loss, the price has already changed and it's getting confusing.
My friend, who is also using Metatrader5, CAN make Instant Execution orders, adding a stop-loss at the time of placing the order.
The only difference we can see between the 2 setups is that I am on the MIGBank-demo server and he is on the Metaquotes server (Tools/Options/Server). I do not have the option to choose this server, but I don't know if this is a significant factor.
The only other difference is I am on Vista with 32 bit and he is on Windows 7 with 64 bit. But surely the software should be the same for both platforms, and surely all execution options should be available.
Can anyone please explain to me - very simply please! - what I am doing wrong, or what I need to do in order to access Instant Execution orders in the demo account.
I did try sending an email to an Administrator, but not sure if this actually went...
Thank you