Forex4you announces New PRO STP feature called "Slippage Control"
This STP feature is designed for you to avoid negative slippage and receive positive price improvements. Avoiding negative slippage can improve your forex trading results!
- (1888PressRelease) April 03, 2012 - We are happy to announce that we have created a new feature, "Slippage Control", for your convenience, which you can use as part of the STP service with your Expert Adviser or with manual trading. We have an agreement with technology provider Integral and LP's for the capability to control slippage, and we are glad to offer these next level trading conditions to you. The STP slippage control feature is built using the latest STP technology - Market Orders with Slippage Control. This STP feature is designed for you to avoid negative slippage and receive positive price improvements.
The STP slippage control feature has been built using the latest STP technology of Market Orders with Slippage Control. The MT4 platform Order window still says "Instant execution"; however this order has nothing to do with instant execution. It is a pure market order with the unique feature of slippage control. MT4 platform does not allow the name to be changed. We have negotiated with technology provider Integral and LPs for the capability to control slippage. We are glad to offer these next level trading conditions to our clients.
If you want to trade and be sure your order will not be rejected, then set maximum deviation to a larger number. By default, we have set clients' max slippage to 0. That means by default you are protected from negative slippage, but you can also change this any time in your MT4.
For existing clients, the only change is the new feature, "Slippage control". We have set up the new technology so that clients' positions will not be affected. EA's with the new slippage control feature will work the same way as before.
Want to know how you can use Slippage Control? More information can be found at our website.
Please note that "Slippage Control" will be in force from 2nd April!
For Any Further Information, Contact Us
Foex4you India, 2nd floor, Dheeraj Plaza,
Hill Road, Bandra West, Mumbai - 400050
Tel: +91 22 265 130 61
info (@) forex4you (dot) in