Plugger some fair points above but if when time permits can u tell me how your firm treats stop orders please, being that u guys don't offer DMA ?
I tried showing x a while ago some differences but it fell on death deaf ears .lol
Lets say I use a fut's platform trading on 1 minute bars . I've written the scenario on the chart below and the reason I ask is when using a cfd platform my stop orders are often completed at the high of the entry bar and the stop usually at the low of the stop bar . So if u guys aren't DMA like most electronic futures where my orders are held at the exchange then how do u determine what price to give me on either posi ?
Obviously with electronic fut's it is first in best dressed but how is it so with u guys ?
Hopefully u can see what I'm suggesting as many cfd providers are slow to activate orders , some deliberately , some use the virtual dealer plug in on metatrader etc etc some are just plain skunks . Believe it or not one of my providers actually changed my order after I had been filled , the condescending pig of a bloke on the trading desk he was .
Obviously the below scenarios rely on there being depth at both stop levels .
cheers g
