Our prices will be our objective view of the bids and offers available to arm's length market participants in respect of transactions of a normal market size and is the main way we will ensure that the client obtains the…
Contingent Order Information What is a Contingent Order type? Users are also allowed to place their own contingency order type. This is an order that is in some way linked and ‘contingent’ on the triggering of another order. The options…
If a better price [than initially offered] becomes available before your trade executes, Friedberg Direct will always give you the best available price. When an order fills at a better or more favorable price than the price you request, it…
There may be a heavy increase in market movement after a news release or even between the close and re-opening of the market, which could have a significant impact on the execution of a pending order. Clients should be educated…
A trailing stop is a stop that adjusts to a more favorable rate as the trade moves in a trader's favor. The amount the stop moves depends on the type of trailing stop and what the trader sets it at.…
Rollover is the interest paid or earned for holding a position overnight. Each currency has an overnight interest rate associated with it, and because Forex is traded in pairs, every trade involves not only two different currencies, but their two…
5 PM in New York is considered the beginning and end of the Forex trading day. Any positions that are open at 5 PM EST sharp are considered to be held overnight, and are subject to rollover.A position opened at…
Friedberg Direct closely tracks and clearly displays rollover rates. Please be advised, interest rates are provided to Friedberg Direct by multiple liquidity providers. Every effort is made to display rollover rates one day before they are posted to your account.…
By receiving prices from multiple liquidity providers, Friedberg Direct is able to provide clients with the best available prices and the lowest spreads.
This order functions exactly like an open market order with the added benefit of allowing traders to set an “acceptable” range at which they would like to be filled. Open range orders are ideal for limiting negative slippage. To place…
Friedberg Direct takes the required steps to ensure that trades are executed at the quoted price with the best possible result for our clients. Due to fast moving markets, transaction executions may occasionally be at a price that is no…
Friedberg Direct takes the required steps to ensure that the execution of our quoted prices provide clients with the best possible result. On some occasions, due to fast moving markets, executions may be at a price which is no longer…
