Thursday, May 17, 2007

Whatamp;#39;s a quot;Request a Quotequot; order on the Forex Market? -

On the Forex broker GFT s Dealbook 360 platform there s an option called : Request a Quotequot;. What does it mean ? I ve just passed a stop buy order at 1.0205 but then, when it arrived at that price, it buyed at 1.0208. Why? How to can I avoid slippage ? thanks ! That is the problem with GFT. They are the master of requoting when the market gets volatile. You may want to look at a different broker if you trade in fast moving markets.

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