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Introduction to Order Execution Types for Exness

The way you set your order may determine the fate of your trade。In this case, Exness has market and pending orders as well as market and immediate execution。

The way you set your order may determine the fate of your trade。in this case,Exness has market and pending orders as well as market and instant execution。

Can accept or complete a buy or sell position in favor of the customer during order execution。However, there are many order execution types with different mechanisms and purposes to enhance one's trading experience。Related to it,Exness accounts offer several order types。

Exness的订单执行类型介绍

In general,ExnessAccountType Two standard order types are available, market orders and pending ordersfor all standard and professional orders。There are two other types of order execution: market execution and instant execution.。

In the case of the market and pending orders, if the buy and sell as the main order has fully become part of it, the earlier order is executed after activation。"Buy" means a buy order, which opens at the asking price and closes at the bid price, while "sell" means a sell order, which opens at the bid price and closes at the asking price.。The latter is intended to set conditions for the automatic execution of orders。

At the same time, pending orders help you set up a position to be executed now。Once you reach a certain price or level, the order will be activated automatically。Pending orders may include, but are not limited to:

Buy limit, i.e., set the buy price at a price below the current asking price。

Sell limit price, i.e., the sell price is set at a rate higher than the current bid price。

Take profit, i.e. close the order as soon as the profit level set by the user is reached。

Buy stop, i.e. set the buy price at a level higher than the current asking price and execute the order when that price is reached。

Stop selling, that is, set the selling price at a level lower than the current bid price and execute the order after reaching that price;

Stop loss, i.e. closing the order after reaching a user-set loss level。

Buy Stop Limit (limited toMT5) - Combination of Buy Stop and Buy Limit。

Sell limit price (limited toMT5) - A combination of sell limit and sell limit。

Exness account type may not offer all order types at the same time。The following table explains theHow Exness divides order execution types in each account:

Order Types in Exness Accounts

ExnessWhat is the order execution type in?

Exness offers two types of order execution, market execution and instant execution。Although slightly different, each execution of the order brings different benefits and features:

The choice of broker is adjusted to the needs of each trader。If you are a trader who only needs the basic platform and trading features with the best attributes, thenExness may be your best choice。

Exness makes up for its functional changes with other advantages, such as only 0.Low difference from 1 o'clock。This is ideal for traders using the Scapper strategy.。Depending on market conditions, spreads for major pairs of certain account types may also be as low as 0.0 point。

Not only that, traders can also enjoy other advantages such as automatic withdrawals。Exness processes most customer withdrawals on the fly without manual inspection; however, depending on the payment provider or method selected, withdrawals may be restricted。

因为Exness is one of the European-based STP / ECN brokersThe safety of traders' funds is also guaranteed.。Exness was able to become an official partner of the Real Madrid football team for a period of 3 years from July 2017, which is also a testament to the firm's solidity.。

Deposits and withdrawals can be made weekly7 days, 24 hours a day。However, it is important to note that if caused by the payment system, the company is not liable when processing deposits and withdrawals。

Traders don't need to worry about transaction fees when making deposits and withdrawals.。Exness does not charge traders any transaction fees, although some fees may be incurred depending on the payment provider selected。Provides traders with a variety of payment methods, including wire transfers, bank cards, Neteller, Skrill and many others。

Financial reports and metrics on the Exness website are audited quarterly by Deloitte, one of the world's top four accounting firms。

In addition,Exness is one of the most transparent brokers in the online trading industry。Traders can find all information about this company on the website, such as trading volume, number of active customers, customer deposits, company funds, etc.。

Exness offers different platforms in MetaTrader 4, MetaTrader 5, web and mobile platforms。This allows traders toTrading on Exness becomes easy because they can also access the Exness platform anytime, anywhere。

Over the years,Exness has developed into a broker that attracts traders。Traders' trust is further enhanced by their compliance with financial regulations such as the Financial Conduct Authority and CySEC。

A measure of customer confidence can be placed on volume。As ofIn December 2018, the monthly turnover of its clients reached $348.4 billion, with more than 50,342 active traders worldwide.。

通过Exness offers a program where traders also have the opportunity to earn extra income by becoming their partner。Through the Introducing Broker (IB) program, partners can receive up to 33% commission from each new customer they register.。

can also be obtained fromExness Partners Earns Additional Revenue。Traders registered through the link can receive up to 25% of the spread commission per trade.。

in connection withCustomers can also use their free VPS hosting service when Exness transacts。VPS (Virtual Private Server) provides traders with greater reliability and stability because they can maintain trading and expert advisors without interruption in the event of unexpected technical problems (such as Internet or power failures)。

It can be concluded from the comments above thatExness is a trader's favorite broker because of its low spreads and flexible account types。This condition is ideal for traders who have limited funds but need more opportunities to maximize profits.。The broker is also known for its maximum support for new and existing partners。

Instant Execution

Instant execution refers to the broker's method of executing orders at the price requested by the trader, or zero orders.。The following terms usually appear in just-in-time execution:

Re-offer

As prices are constantly changing, conflicts between orders and the prices requested by traders may lead to re-quotations。As a result, traders are informed of their requested price, but that price is no longer available。In response, they will be prompted to accept or reject the new price。Their acceptance will activate the new price, while the refusal or failure to answer the re-offer will end in the cancellation of the entire order。

Deviation

Automatic order setup is also possible if traders prefer to automatically execute orders when there is a certain range or deviation in the requested price。If the price changes due to the trader's settings, the order should be executed when the price is adjusted。When the price exceeds the deviation, the trader will be given a re-quote in which he can choose to accept, reject or ignore it, with the same previous result。

Below is an example。Traders can requestPrice for 1 lot GBPUSD.300442, deviation set to 0.5。If the price is changed to 1.80442 or 0.80442, such orders will automatically be 1.80442 or 0.80442 Execution。However, when the higher price is, for example, 1.80443 or lower price is 0.80441, a re-quote will occur。

Market Execution

Market execution refers to the method by which a trader executes an order in a fraction of a second at the current price during order processing.。Such a price may be lower or higher than the price seen by the trader in the terminal window, while the price is constantly changing。

Market execution and immediate execution are separated by a strong line in which re-quotes do not occur with earlier quotes。Be aware, though, that you are more at risk during periods of market volatility, as prices can quickly fluctuate wildly。

The following table compares the two types of order executions:

Order Executions Comparison

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