Order Policy

Swissquote is dedicated in providing efficient order execution to our clients. This section explains our policies on trade execution on the Advanced Trader and Metatrader trading technologies. Each platform offers various types of execution methods, so we recommend all clients read this section carefully and choose the technology which suits you best.

Market Orders:



Advanced Trader:
  • Spot: This order is filled or rejected at the requested Bid or Ask price for the full amount of the trade.
  • Market Best: This order is filled at the next available price or rejected; the order is filled for the full amount but can be filled better or worse than the requested price.
Metatrader:
  • Instant Execution: This order is filled or rejected at the requested Bid or Ask price for the full amount of the trade. For Stock Indices only, the order will be executed at Market Best conditions. This applies to clients on Swissquote Metatrader servers. If you do not know which server you are on, please consult your Swissquote representative.
  • Market Execution: This order is filled at the next available price or rejected; the order is filled for the full amount but can be filled better or worse than the requested price. This applied to clients on MIG Metatrader servers. If you do not know which server you are on, please consult your Swissquote representative.

Limit Orders:



Advanced Trader and Metatrader:
  • Buy Limit: This order will be activated when the Ask price touches the buy limit order. The activated order will be executed at Market Best conditions for Advanced Trader users and Market Execution conditions for Metatrader users.
  • Sell Limit: This order will be activated when the Bid price touches the sell limit order. The activated order will be executed at Market Best conditions for Advanced Trader users and Market Execution conditions for Metatrader users.

Stop Orders:



Advanced Trader and Metatrader:
  • Buy Stop: This order will be activated when the Ask price touches the buy stop order. The order will be executed at Market Best conditions for Advanced Trader users and Market Execution conditions for Metatrader users. Same policy applies for Trailing Stop orders.
  • Sell Stop: This order will be activated when the Bid price touches the sell stop order. The order will be executed at Market Best conditions for Advanced Trader users and Market Execution conditions for Metatrader users. Same policy applies for Trailing Stop orders.
 
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Swissquote Important Legal Information
Copyright © 2014 Swissquote. All rights reserved.
Trading foreign exchange, spot precious metals and any other product on the Forex platform involves significant risk of loss and may not be suitable for all investors. Prior to opening an account with Swissquote, consider your level of experience, investment objectives, assets, income and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not speculate, invest or hedge with capital you cannot afford to lose, that is borrowed or urgently needed or necessary for personal or family subsistence. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.