andre777
Recruit
- Messages
- 6
Hello,
the following is on the MT5 platform. The broker consistently executes my trades at a price that is worse than the market price at the moment if it's a market order and will not execute a Limit Order until the price has traded though not just to the limit price. For example, if it's a Sell Order at 1.09056 and the bid/ ask is 1.09056/1.09058 (0.2 pip spread), the limit order in the price box will go yellow (not green or red as it does when approaching tp or sl) when the bid reaches 1.09056 but the trade will not get executed by the broker until the price reaches 1.09058 or higher, effectively making the spread bigger. The same thing happens upon closing the trade.
With a market order, as the pictures show, it is the same behavior. One picture shows the ticks downloaded from this same broker at the time - highlighted in blue. The lowest tick at the time of my entry shows 1.08963 but my sell order was executed at 1.08959 as seen in the other picture, so a difference of 0.4 pips and the exit was the same. I have countless examples of this. What's going on here? Am I missing something?
the following is on the MT5 platform. The broker consistently executes my trades at a price that is worse than the market price at the moment if it's a market order and will not execute a Limit Order until the price has traded though not just to the limit price. For example, if it's a Sell Order at 1.09056 and the bid/ ask is 1.09056/1.09058 (0.2 pip spread), the limit order in the price box will go yellow (not green or red as it does when approaching tp or sl) when the bid reaches 1.09056 but the trade will not get executed by the broker until the price reaches 1.09058 or higher, effectively making the spread bigger. The same thing happens upon closing the trade.
With a market order, as the pictures show, it is the same behavior. One picture shows the ticks downloaded from this same broker at the time - highlighted in blue. The lowest tick at the time of my entry shows 1.08963 but my sell order was executed at 1.08959 as seen in the other picture, so a difference of 0.4 pips and the exit was the same. I have countless examples of this. What's going on here? Am I missing something?
