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Market range with slippage
I have Active trader acc with You and would like to use my soft via fix API connection.
I have question. ON Your level 2 platform when I do Market orders with slippage are they converted later to Limit orders before execution?
I would like to have same order type with slippage my FIX api in my soft as on Your Level 2 GUI platform market with slippage . So what orders should I use in Fix soft , Limit orders to imitate market with slippage or market orders with some function for slippage ?
If You can please help.
I wait for reply
If you want to do market orders with slippage on our Active Trader platform, you have to send stoplimit orders with the stop and limit set to prices which reflect the maximum slippage you are willing to tolerate.
Originally Posted by molech2323
FXCM Programming Services
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