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Order Types

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…

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…

A Close Range order functions exactly like an Close Market order with the added benefit of allowing traders to set an “acceptable” range at which they would like to be filled. Close range orders are ideal for limiting negative slippage.…

Your strategy may require you to cut losses at a certain point. Stop orders execute similarly to Stop entry orders, but get you out of the market, rather than in. Stop Orders guarantee execution, but not a particular price. To…

Your strategy may require you to take profits at a certain point. Limit orders execute similarly to Limit entry orders, but get you out of the market, rather than in. Limit Orders guarantee the specified price (or better), but not…

When trading with a Trading Station account, you have many order options available to you:  Market Orders: Enter the market immediatelyMarket Range: When your strategy is sensitive to price execution. With Market Range, you determine a comfortable range of prices in pips where…

Order Execution Only

Order Execution Only

Regulatory Documents:
IIROC Brochure: How Can I Get My Money Back, How IIROC Protects Investors, IIROC Complaints Brochure, CIPF Brochure, CIPF Coverage Policy, IIROC Order Execution Only Bulletin, Conflict Disclosure Statement, Covid-19 and Cyber Security - Tips for Investors

The relationship between Friedberg Direct and FXCM was formed with the purpose to allow Canadian residents access to FXCM's suite of products, while maintaining their accounts with a regulated Canadian firm. All accounts are opened by and held with Friedberg Direct, a division of Friedberg Mercantile Group Ltd., a member of the Investment Industry Regulatory Organization of Canada (IIROC). Friedberg customer accounts are protected by the Canadian Investor Protection Fund within specified limits. A brochure describing the nature and limits of coverage is available upon request or at www.cipf.ca.

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