During news trading errors are subjective from one broker to another. Some do very weird thing, freeze the cahrt, trigger order on whatever prices they want, prices that never appear on ther chart, I tested many brokers with this strategy on live accounts. I contacted them: anyone says it's a market (including STP brokers).
On interbank market once liquidity provider takes an order it decides by its own discretion on what price to execute them, because it makes a market of its own.
So whatever happens, what is the error? even when order gets executed at prices where no other market participants are trading, what is the error? When order gets executed 10, 20, 30 or more pips away, where is the error?
Guess what? it's completely subjective depending on broker. It always happens. Armada executed orders the same way in the past. When I complained that GBPUSD order triggered about 10 pips above HOD, they refunded, naming it a LP error and asked to contact them if I notice something irregular. They never provided execution reports thay had to provide (I just recently read that it's their normal practice) so that I could have an idea. What will Armada always say is clear. But these kinds of errors (filling orders at unavaiable prices and so on) were unsuitable for my strategy and the reason I continued trading with them was their promise to refund.
Thank you everyone
On interbank market once liquidity provider takes an order it decides by its own discretion on what price to execute them, because it makes a market of its own.
So whatever happens, what is the error? even when order gets executed at prices where no other market participants are trading, what is the error? When order gets executed 10, 20, 30 or more pips away, where is the error?
Guess what? it's completely subjective depending on broker. It always happens. Armada executed orders the same way in the past. When I complained that GBPUSD order triggered about 10 pips above HOD, they refunded, naming it a LP error and asked to contact them if I notice something irregular. They never provided execution reports thay had to provide (I just recently read that it's their normal practice) so that I could have an idea. What will Armada always say is clear. But these kinds of errors (filling orders at unavaiable prices and so on) were unsuitable for my strategy and the reason I continued trading with them was their promise to refund.
Thank you everyone