learn-forex

The stop-out level is a safety mechanism used by brokers in margin trading: it’s the margin-level percentage at which the broker’s system…

What a partial fill means A partial fill happens when an order you place is executed only for some of the size you requested, rather than in…

What an order book shows An order book is a live list of buy and sell interest for a particular market. At each price level it records how…

Price improvement describes a simple idea: you get a better execution price than the one you expected when you sent an order. In forex trading…

Execution speed in forex is the time between you pressing the trade button and the market filling that order. In a market that runs 24 hours…

What a requote is (in plain terms) A requote is a message from your broker telling you that the price you tried to trade at is no longer…

Slippage is a simple idea with practical consequences for anyone placing orders in the FX market. At its core, slippage is the difference…

Introduction: why fill rate matters to traders When you place an order in the forex market you expect it to be executed—either immediately or…

What a One‑Cancels‑the‑Other (OCO) Order Is A one‑cancels‑the‑other order, usually shortened to OCO, is a pair of linked orders. You place two…

What is a trailing stop? A trailing stop is a type of stop‑loss order that moves in the direction of a profitable trade, locking in gains…