Filling Policy

[Mirza Baig]

Hi !

From MT5 Help, I obtained the following info regarding Filling Policy:

Fill Policy

Fill or Kill
This policy means that a deal can be executed only with the specified volume. If the necessary amount of a financial instrument is currently unavailable in the market, the order will not be executed. The required volume can be filled using several offers available on the market at the moment.

 

 Now does this mean that if the required volume (lets assume I am using an EA, which is about to open 0.2 lot trade) is not available, then the broker will choose the volume of the lot ?

Thanks 

[Simon Gniadkowski]

Shunmas:

Hi !

From MT5 Help, I obtained the following info regarding Filling Policy:

Fill Policy

 

 Now does this mean that if the required volume (lets assume I am using an EA, which is about to open 0.2 lot trade) is not available, then the broker will choose the volume of the lot ?

Thanks 

It means if the trade can't be filled it is killed,  cancelled,  deleted -   "the order will not be executed."

[Alain Verleyen]

Shunmas:

Hi !

From MT5 Help, I obtained the following info regarding Filling Policy:

Fill Policy

 

 Now does this mean that if the required volume (lets assume I am using an EA, which is about to open 0.2 lot trade) is not available, then the broker will choose the volume of the lot ?

Thanks 

Hi,

You have a lot of question this evening

Fill or Kill (also called FOK) mean that if the requested volume isn't available your request (trade) will be rejected.

There is no such problem on Forex market, where liquidity is always high.

[Mirza Baig]

Hi !

Yes Alain, lots of questions, because now I have decided to switch to MT5. Thanks for your help guys.