CFD Trading Rules
In the MetaTrader 4 trading system, in construction of price charts, both the maximum price (High) and the minimum price (Low) are taken at Bid price.
Rules for running and executing deferred orders
Acceptance of and changes to deferred Stop orders may be terminated 3 minutes before the release of significant macroeconomic figures and important political or economic news.
The minimum distance for which it is possible to place pending orders or place T/P and S/L orders is equal to two spreads per the instrument. The minimum distance for S/L orders may be increased up to 10 spreads 10 minutes before the closure of trades and 10 minutes before the release of significant macroeconomic statistics and important political or economic news. This rule applies also to the opening of market orders with a
If the market price comes close near to the values of T/P or S/L orders, or the opening price of a deferred order within a distance of 2 spreads, the program will automatically prohibit any modification or deletion of such orders.
Execution of orders if the market opens with a gap or if a gap occurs during the day
If the market opens with a gap or a gap occurs during the day (it generally happens after weekends or holidays, upon release of significant macroeconomic data, economic or political news, and in the event of ‘
- Take Profit (T/P) orders are executed at stated prices;
- Limit orders are executed at stated prices;
- Stop Loss (S/L) orders are executed at first market prices;
- Buy Stop and Sell Stop orders for the opening position are executed at first market prices.
Margin requirements
If at any time Equity (current balance including open positions) is equal to or less than 20% of the margin (collateral) occupied by open positions, a dealer is entitled at their discretion to close one or all open positions to meet margin requirements.