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Market Execution Forex Brokers

 

There are two generally used execution types offered by Forex Brokers. There is Instant Execution or Market Execution and both of them have their advantages as well as their disadvantages.

Instant execution refers to the required price quoted by the trader. In other words, if the trader wishes to buy 1 lot EUR/USD at 1.3827 then he expects his order to be executed on that rate instantly. If the price has changed, then the trader will receive a re-quote on his request with the new rate. In such case, the order will not be executed unless the trader confirms that he/she accepts the new rate quoted by the Forex Broker. Instant execution offers more control to the trader as he/she will be able to confirm the rate that he/she wishes to trade without any sort of slippage. The bad news is that sometimes there is a delay to execute such a trade and thus this may not be suitable for traders that use scalping strategies or when there are news releases because of the delay.


Forex Broker Name Hedging Expert Advisors Trading platform's
Time zone
News Trading Mirror/Social Trading Scalping
YES YES GMT +2 YES YES YES
YES YES GMT +2 YES YES YES
YES NOT APPLICABLE GMT +2 YES YES YES
--- YES YES --- YES
YES NOT APPLICABLE YES YES YES
YES NOT APPLICABLE YES NO YES
YES YES GMT +2 YES NO YES
YES YES GMT +2 YES YES YES
YES YES GMT +2 YES YES YES
YES YES GMT +2 YES YES YES
YES YES GMT +3 YES YES YES
YES YES GMT+2 NO NO YES order++
YES YES GMT YES YES Yes but monitored order++
YES YES GMT+2 YES YES YES order++
YES YES GMT YES YES YES order++
YES YES GMT+1 YES NO YES order++
YES YES GMT YES YES Yes scalpers welcome order++
NO NO GMT NO YES NO order++
YES YES GMT+2 YES NO Yes but monitored order++
--- YES --- --- --- order++
YES YES GMT+2 YES YES YES order++
YES NOT APPLICABLE GMT+3 YES NO NO order++
YES YES GMT+2 YES YES Yes scalpers welcome order++
YES YES GMT NO NO Yes scalpers welcome order++
YES YES GMT+3 (DST) and GMT+2 during (Non-DST) YES NO YES order++
YES YES GMT+3 YES YES YES order++
YES YES GMT YES NO YES order++
YES NOT APPLICABLE GMT YES NO YES order++
YES YES CET (GMT+1) YES NO YES order++
YES YES GMT+2 YES YES YES order++
YES NOT APPLICABLE GMT+2 YES NO YES order++
YES NO GMT YES NO YES order++
--- YES GMT --- YES NO order++
YES YES GMT+3, GMT+2 YES YES Yes but monitored order++
YES YES GMT +2 YES YES YES order++
YES NOT APPLICABLE YES YES YES order++
YES YES GMT YES YES YES order++
YES YES GMT+2 YES YES YES order++
YES YES GMT+2 YES YES YES order++
YES YES GMT+2 YES YES YES order++
YES YES YES --- YES order++
YES YES GMT+0 YES NO YES order++
YES YES GMT+2 YES NO YES order++
YES NOT APPLICABLE GMT +2 YES --- YES order++

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