easyMarkets Freeze Rate Introduction
Freeze Rate is a trading tool that can suspend price movements so that you can execute orders at the price you want, this article will tell you more about it。
Freeze Rate is a trading tool that can suspend price movements so that you can execute orders at the price you want, this article will tell you more about it。
In addition to trading strategies, there are many factors that affect trading results, so most traders use additional trading tools to help them improve their performance and make better decisions。Regardless of trading style and level of expertise, every trader needs to know how to use the right tools。
Each tool is designed to serve a specific purpose or achieve a specific trading goal. This article will introduce you to an excellent tool provided by easyMarkets Ease, which can help traders execute orders at the desired price。Before we learn more about the tool, let's meet easyMarkets。
Introduction to easyMarkets
easyMarkets (formerly easyForex) is a multi-asset brokerage solution economist launched since 2001 and is one of the forex industry's pioneers with a mission to provide traders with the most innovative trading conditions, tools and services.。The award-winning broker is known for providing international services and is currently regulated by ASIC and CySEC.。
easyMarkets offers over 200 trading tools including Forex, Stocks, Cryptocurrencies, Commodities, Metals and Indices。Customers can also choose between multiple trading platforms, including MetaTrader 4 and MetaTrader 5 platforms, Tradingview, mobile apps, and proprietary web-based platforms。In addition, the broker offers excellent 24 / 7 customer service and free learning resources such as video tutorials and quizzes。
As an award-winning broker, easyMarkets has won more than 40 awards over the years through its innovative products.。The latest awards include the UAE Best Cryptocurrency Innovation Award 2022 from Financial Derivatives Magazine and the Best Forex Trading Innovation Award 2021 from FxScouts。
What is Freezing Rate?
Freeze rate is one of the unique features provided by easyMarkets, it allows you to "freeze" the price for about three seconds, providing a buffer time to execute orders at the price you want。Although it sounds short, these few seconds can actually make a huge difference in online trading, especially in volatile markets such as Forex or cryptocurrencies.。The tool is available on the broker's proprietary platform and can be activated by clicking the "Freeze Rate" button before opening a position。
The main advantage of the freeze rate is that it provides additional time to execute transactions。You can use it at any time, and it is most practical during periods of high volatility, such as before major market events such as major news announcements or central bank announcements.。Therefore, the freeze rate is ideal for day traders or those who tend to trade in high frequency throughout the day。
How to use freeze rate in easyMarkets
1.Log in to your trading account and open the trading platform, click on the right side of the screen to select Trading Tools。
2.Click Freeze Price between the Buy and Sell buttons to pause the price。
3.You will get three seconds of buffer time to execute your trade and there will be a bar chart showing the duration of the freeze。
You can freeze the price multiple times, note that, but there may be a small freeze before the price update, pleasebe sureCheck carefully before opening。
Conclusion
Even just a few seconds, freezing prices is very valuable for online trading。This is undoubtedly an attractive option for all customers, especially day traders and those who trade volatile markets such as cryptocurrencies and forex, which allows you to execute orders at a price of your choice, helping you to earn higher returns.。
In addition to freezing rates, easyMarkets offers other innovative features to help traders manage positions, such as easyTrade and dealCancellation.。You can visit the official website to understand the purpose of each tool to ensure that you choose the tool that suits your trading style and can help you achieve your trading goals.。
easyMarkets was founded in 2001, when the only way to trade was through physical trading rooms, and has been committed to helping all traders enter the market, with the basic concept and business model of "simple, sincere and transparent," fundamentally transforming the online trading industry in many ways.。
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