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.…
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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…
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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…
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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…
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In the "Dealing Rates" window of the Trading Station, follow these easy steps: Click on "Buy" or "Sell" for the currency pair you would like to trade.The "Create a Market Order" window will appear. Update all fields related to your…
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If you need to download your app files at any time in the future, please refer to your original order confirmation email. This confirmation email was sent to you shortly after you submitted your order.
No, Friedberg Direct maintains a no re-quote policy for forex orders, indices, metals, and oil. Circumstances may exist based on order size, trading pattern, and/or market conditions when individuals may not receive execution at the requested rate. In such cases, orders…
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At the top of your trading platform click on the Report button to view your Combined Account Statement. On the statement the “Condition" column indicates the order type that closed the trade. The “Created By” column indicates where the order…
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Trading on Margin (Trading with Leverage*) is a common attraction of the forex market. It allows you to open trades that are larger than the capital in your account. Trading on margin can both positively and negatively affect your trading…
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The usable margin column in the accounts window of the Trading Station shows the amount of funds you have remaining in your account to open new positions or guard against losses. There are two things that can decrease your usable…
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Yes. In addition to our policy of transparency in reporting rollover, due to the average notional trading volume that Friedberg Direct generates to the liquidity providers1 it deals with, Friedberg Direct is able to pass to its clients' attractive rollover…
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The times on your Friedberg Direct statement are in UTC. You can change the time zone on your charts to UTC by clicking on System, Options, and General Trading. Edit the “Time Zone” drop down to “UTC” and click on…
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