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

CFD orders are executed according to market execution technology. The detailed description of execution for each type of order is available below.

Market order
The market order will be executed at the best market price available at the moment of execution. Thus, there might be slippage between the price at the terminal and the price of execution. The slippage may be profitable for you.

Stop order
The stop order will be executed at the best market price at the moment when the price reaches the stop order level in MT4. Thus, there might be slippage between the price at the terminal and the price of execution. The slippage may be profitable for you.

Limit order
Once the price reaches the limit order level in MT4, a request for the order execution is transmitted to the system. Please note that if you use a limit order, you will never get a price worse than the one that was stated in your order i.e., you will either get your order executed at the requested price or at a better price.

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.

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.

Closing expired contracts

Those positions that were not closed by the client himself before the expiration of the contract for difference will be closed by the dealers at the latest available quote not later than the beginning of the week following after the expiration of the contract.

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.