Thread: Axitrader - Limit order filled at worse price

Hi,

now I discovered that my limit order was triggered in worser price at XAUUSD. As I understand its worser fill in limit orders. This broker is FCA regulated whether its okay from the regulation, and I wonder? I contacted with the broker and I was told by them they perform slippage on both positive and negative ways on both the limit and stop orders. I worked before and in market it is impossible to find worser on limit orders. Would you men think it works if a complaint is made by me to FCA?

And here is the screenshot

I've axi account also,occasionally my trailing stop does not work.so we should increase where we think we have motives.

I trade with them for quite a while too. I also know their back system. It activates the pending order right after the cause price from where it could find. That is acceptable for stop orders but limit orders should be different. In most nations limit order characterized by exactly the same. From the screenshot SEC state what I say. The reason of the reason they cant fill my order in the price or better, is due to they dont Abook my orders. I think its Bbook and they fill in MT4's background.

Originally Posted by ;

I trade with them for quite a while too. I know their system that is back. It just activates the pending order directly following the trigger price from where it can find. That is acceptable for halt orders but limit orders ought to be different. In most nations limit order defined by exactly the exact same. From the screenshot SEC say what I say. The reason of why they cant fulfill my order in the price or better, is due to they dont Abook my orders. I think its Bbook and they fill in the backdrop of MT4. picture

Ok you arent trading on an exchange so those rules dont apply.

But here's how the system operates.
Your limit order is triggered on price check first via the bridge in case you're using MT4
It then goes straight back and implements so when the market has transferred then you'll be slipped negative or positive or at the rate.
You might get a better load on B-book as the order doesnt go to through to the LP .
However, if youre a B-book client the broker has determined you as a loser ( no derogatory feedback planned) and will bet against your own trading.