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A dynamic trailing stop is an order whose trigger price is not a fixed value, but a gap (in percentage or dollar amount) relative to the security’s current price. This is the…
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Negative balance protection on a CFD account guarantees that a retail trader’s total loss can never exceed the funds held in that account. The European Securities and Markets Authority (ESMA) announced on…
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Trailing EOD drawdown is the mechanism by which the maximum allowed loss on a WeGetFunded account is recalculated every night from the previous day’s closing equity, taken at 00:00 GMT. According to…
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An immediate or cancel order and a fill or kill (FOK) order are two order validities that handle unexecuted volume differently: the immediate or cancel order accepts partial execution and cancels the…
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Overnight financing fees CFD are calculated using a simple formula: position size multiplied by the applicable financing rate, multiplied by the number of days held, then converted into the account currency. At…
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The margin close out rule is the margin level below which a CFD broker must close a retail client’s open positions. Since August 1, 2018, this threshold has been set at 50%…
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Required margin on a CFD is the percentage of the total position value that a trader must deposit to open it, and this percentage depends directly on the category of the underlying…
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An OCO order (One Cancels the Other) links two orders, typically two limit orders, so that the execution of one automatically cancels the other, according to the definition given by the CFTC,…
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A stop-loss trigger order becomes, as soon as the threshold set by the investor is reached, a market order: it is activated and executed with no price condition at all, as the…
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Forex slippage CFD refers to the gap between the price you were aiming for when you placed an order and the price you actually received at execution. This gap is not a…
