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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 EET YES NO YES 1order++
YES YES GMT YES YES Yes but monitored order++
YES NO GMT NO NO YES order++
YES YES GMT+1 YES NO YES order++
YES NOT APPLICABLE - YES YES YES order++
YES YES GMT+1 YES NO YES order++
YES YES GMT YES YES YES order++
YES YES GMT YES YES YES order++
YES YES GMT YES YES NO order++
YES YES EST YES NO YES order++
YES YES GMT NO NO YES order++
YES YES GMT+2 NO NO YES order++
YES YES GMT+2 NO NO YES order++
YES YES EET YES NO YES order++
YES YES GMT+4 YES YES YES order++
YES YES GMT+2 (Observe DST Change: Yes / DST Change Timezone: Eastern Standard Time (EST) / Non-expiring demo: No (60 days)) YES NO YES order++
YES NOT APPLICABLE GMT+0 NO NO YES order++
NO YES GMT YES NO YES order++
YES YES GMT+1 YES NO YES order++
YES YES GMT --- --- YES order++
--- YES GMT YES YES YES order++
YES YES GMT+2 YES NO YES order++
YES YES GMT NO NO Yes but monitored order++
YES NO GMT YES NO Yes but monitored order++
YES YES YES YES Yes but monitored order++
YES YES GMT+3 YES YES YES order++
YES YES EST NO NO YES order++
YES YES GMT+2 winter time and GMT+3 summer time YES NO YES order++
YES YES EET YES NO YES order++
YES YES UTC YES YES YES order++
YES YES GMT-5 YES YES YES order++
YES YES GMT+2 YES NO Yes scalpers welcome order++
YES YES GMT+2 YES YES Yes scalpers welcome order++
YES YES GMT 0 NO YES YES order++
YES YES GMT+2 YES NO YES order++
YES YES GMT+0 NO NO Yes scalpers welcome order++
YES YES GMT+2 YES NO YES order++
YES YES GMT YES YES YES order++
YES NO GMT YES NO NO order++
YES YES GMT+2 YES NO Yes but monitored order++
YES YES GMT YES YES Yes but monitored order++
YES YES GMT+1 YES YES YES order++
YES YES GMT+2 YES YES Yes scalpers welcome order++
YES YES GMT+2 YES YES YES order++
YES YES YES YES YES order++
YES YES GMT+1 YES YES YES order++
YES YES EST NO NO YES order++
YES YES GMT YES NO YES order++
YES YES EET YES YES YES order++
YES YES GMT+2 YES YES NO order++
YES YES GMT NO NO 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 NOT APPLICABLE GMT+3 NO NO NO order++
YES YES EST, local YES NO NO order++
YES YES GMT+1 YES YES Yes but monitored order++
YES YES GMT+3 YES NO YES order++
YES NO GMT+2 YES NO YES order++
YES YES GMT+2 YES YES YES order++
YES YES GMT NO NO NO order++
YES YES GMT+3 YES YES Yes but monitored order++
NO YES EST YES NO YES order++
YES YES GMT NO NO Yes but monitored order++
YES YES GMT+2 YES YES YES order++
YES YES GMT+2 YES NO Yes but monitored order++
YES YES GMT NO NO Yes scalpers welcome order++
YES YES GMT+1 YES NO YES order++
YES YES GMT+1 YES YES YES order++
YES NOT APPLICABLE UTC YES NO NO order++
YES YES GMT YES NO YES order++
YES YES GMT YES YES Yes scalpers welcome order++
NO NOT APPLICABLE GMT YES YES NO order++
YES NOT APPLICABLE GMT YES YES YES order++
YES YES GMT + 3 YES YES YES order++
YES YES GMT YES YES YES order++
YES YES GMT YES NO Yes but monitored order++
YES YES EET YES NO YES order++
YES NOT APPLICABLE GMT YES NO YES order++
YES YES GMT+3 YES NO YES order++
NO NOT APPLICABLE GMT YES YES NO order++
YES YES GMT YES YES YES order++
YES YES GMT+2 YES NO YES order++
YES NOT APPLICABLE GMT+2 YES NO YES order++
YES YES GMT YES NO YES order++
YES YES GMT YES NO Yes scalpers welcome order++
YES YES EST YES NO YES order++
YES YES GMT+2 YES YES YES order++
NO NO GMT NO YES NO order++
YES YES GMT YES NO Yes but monitored order++
YES YES GMT+2 NO NO YES order++
YES YES GMT YES NO YES order++
YES YES GMT+2 YES NO YES order++
YES YES GMT+2 YES NO Yes but monitored order++
YES YES GMT+3 YES YES YES order++
YES YES GMT+3 YES NO YES order++
YES YES GMT+2 YES YES Yes scalpers welcome order++
YES NOT APPLICABLE GMT YES NO NO order++
YES NOT APPLICABLE GMT YES NO Yes but monitored order++
YES YES GMT YES YES YES order++
YES YES GMT YES YES YES order++
YES YES GMT YES YES YES order++
YES YES GMT --- YES YES order++
YES YES GMT NO NO YES order++
YES YES GMT+3 YES YES YES order++
YES YES GMT YES NO Yes scalpers welcome order++
YES YES GMT NO NO Yes scalpers welcome order++
YES YES GMT YES YES YES order++
YES YES GMT+3 YES NO YES order++
YES YES GMT+1 YES YES Yes scalpers welcome order++
YES YES GMT NO NO NO order++
YES YES GMT NO NO Yes but monitored order++
YES YES GMT+2 YES NO YES order++
YES YES GMT NO NO YES order++
YES YES GMT+2, daylight savings GMT+3 --- YES YES order++
YES YES EST YES NO Yes but monitored order++
YES YES GMT+2 YES YES YES order++
YES YES GMT YES NO YES order++
YES YES GMT+3 from March to November and GMT+2 from November to March YES NO Yes scalpers welcome order++
NO YES GMT+2 YES NO YES order++
YES YES CET, GNT+2 YES YES YES order++
YES YES GMT YES YES Yes scalpers welcome order++
YES YES GMT+2 NO NO Yes but monitored order++
YES YES GMT+2 YES YES YES order++
YES YES GMT YES YES YES order++
YES YES GMT YES YES YES order++
YES YES GMT-5 YES YES YES order++
YES YES GMT+2 YES NO YES order++
YES YES GMT+2 YES NO YES order++
YES YES GMT+3 YES NO YES order++
YES YES UTC+2 YES NO YES order++
YES YES GMT+2 YES NO YES order++
YES YES GMT+2 YES NO YES order++
--- NOT APPLICABLE GMT YES NO YES order++
YES YES GMT+2 YES NO Yes scalpers welcome order++
YES YES GMT+2 YES NO YES order++
NO NOT APPLICABLE GMT NO NO YES order++
YES YES CET+1 (GMT+2 in summer, GMT+3 in winter) YES NO YES order++
YES YES CET+1 YES YES Yes scalpers welcome order++
YES YES GMT+3 YES NO YES order++
YES NOT APPLICABLE GMT+3 YES NO NO order++
YES YES GMT+3 YES NO YES order++
NO NOT APPLICABLE GMT YES YES YES order++
YES YES EST YES NO YES order++
YES YES GMT+2 YES YES Yes scalpers welcome order++
YES YES GMT+5 YES NO YES order++
YES YES GMT+1 YES NO YES order++
NO YES EST, GMT-5 YES YES YES order++
YES YES GMT YES --- YES order++
YES YES GMT+2 YES NO YES order++
YES YES GMT+2 YES YES YES order++
YES NOT APPLICABLE GMT YES NO YES order++
NO YES GMT+1 YES YES Yes but monitored order++
YES YES GMT+2 NO NO YES order++
YES YES GMT+2 YES NO YES order++
YES YES GMT+2 YES YES YES order++
YES YES GMT+1 YES NO Yes scalpers welcome order++
YES YES GMT+2 YES NO YES order++
YES YES GMT+2 YES NO NO order++
YES YES GMT+1 YES NO YES order++
YES YES GMT+1 YES YES Yes but monitored order++
YES YES GMT NO NO YES order++
YES YES GMT+3 YES YES YES order++
YES YES GMT+2 YES YES YES order++
YES YES GMT+3 YES NO NO order++
YES YES GMT+3 YES YES YES order++
YES YES GMT+3 YES NO YES order++
YES YES GMT YES NO Yes but monitored order++
YES NOT APPLICABLE GMT YES NO YES order++
YES YES GMT NO NO YES order++
YES NOT APPLICABLE GMT YES NO YES order++
YES YES GMT YES NO YES order++
YES YES GMT YES NO NO order++
YES YES EST+8 YES NO Yes scalpers welcome order++
YES NOT APPLICABLE GMT-4 NO NO YES order++
YES YES CET (GMT+1) YES NO YES order++
--- NOT APPLICABLE EST (GMT-5) --- --- --- order++
YES YES GMT+2 YES YES YES order++
YES YES GMT YES NO YES order++
YES YES GMT+3 YES NO YES order++
YES YES GMT, GMT +1 YES NO Yes scalpers welcome order++
YES YES GMT YES YES YES order++
YES NO GMT+3 NO YES YES order++
NO NOT APPLICABLE GMT-5 NO NO NO order++
NO NOT APPLICABLE GMT+1 NO NO NO order++
YES YES GMT+1 YES NO YES order++
YES YES GMT-5 YES YES Yes but monitored order++
YES NOT APPLICABLE GMT+2 NO YES YES order++
YES NOT APPLICABLE GMT+2 YES NO YES order++
YES YES GMT+2 YES NO Yes but monitored order++
YES YES GMT+3 & GMT+2 during winter time for MT4 and Currenex Viking - GMT for Currenex Classic YES YES YES order++
YES NOT APPLICABLE GMT YES YES YES order++
YES YES GMT+2 YES NO Yes scalpers welcome order++
YES YES GMT+1 NO NO Yes but monitored order++
YES YES GMT+1, GMT+2 YES NO Yes scalpers welcome order++
YES YES GMT YES YES YES order++
YES NO GMT YES NO YES order++
NO YES GMT+2 YES YES YES order++
YES YES GMT+1 YES YES YES order++
YES YES EET YES NO YES order++
YES NOT APPLICABLE EET YES YES YES order++
YES YES GMT+3 YES YES YES order++
YES NOT APPLICABLE GMT+2 NO YES YES order++
YES YES GMT+3 YES NO YES order++
YES YES GMT+2 NO NO YES order++
NO YES GMT+3 YES NO Yes but monitored order++
YES YES GMT YES YES YES order++
YES YES GMT+3 YES NO Yes scalpers welcome order++
YES YES EST, MetaTrader 4 GMT+2 YES NO YES order++
YES YES GMT YES YES YES order++
YES YES GMT+3, GMT+2 YES YES Yes but monitored order++
YES YES GMT+3 YES NO YES order++
YES YES GMT+2 YES NO Yes scalpers welcome order++
YES YES GMT+3 YES NO YES order++
YES YES GMT+3 YES YES YES order++
YES YES GMT YES NO Yes but monitored order++
NO NO Adjustable (according to user's time zone) NO NO NO order++
YES YES GMT YES NO YES order++
YES YES GMT +3 YES NO Yes scalpers welcome order++
YES YES GMT YES NO Yes but monitored order++
YES YES GMT+2 YES NO YES order++
YES NO GMT YES YES YES order++
YES YES GMT+4 YES YES Yes but monitored order++
YES YES GMT YES NO YES order++
YES YES GMT+3 YES YES YES order++
YES YES GMT YES NO Yes but monitored order++
YES YES GMT+2 YES YES YES order++
YES YES GMT+2 YES YES Yes but monitored order++
YES NOT APPLICABLE GMT+2 YES NO NO order++
YES YES GMT+2 YES YES Yes but monitored order++
YES YES CET YES YES YES order++
YES YES GMT+2 (GMT+3 DST) NO YES YES order++
YES YES GMT+2 YES NO YES order++
YES YES GMT YES NO YES order++
YES YES TT - GMT-4 (New York), MT4 - GMT+3 YES NO YES order++
NO NOT APPLICABLE EST (GMT-5) NO NO YES order++
YES YES GMT+2 YES YES Yes scalpers welcome order++
YES YES GMT+3 YES YES YES order++
YES YES GMT YES NO YES order++
YES YES GMT+2 YES YES YES order++
YES NOT APPLICABLE GMT YES NO YES order++
NO NOT APPLICABLE GMT YES NO NO order++
YES YES GMT+1 YES NO YES order++
YES NOT APPLICABLE GMT YES NO YES order++
YES YES GMT+2 YES YES YES order++
YES YES GMT YES NO Yes scalpers welcome order++
YES YES GMT YES YES YES order++
YES YES GMT+0 YES YES YES order++
YES YES GMT+2 YES NO YES order++
YES YES GMT+1 YES NO Yes scalpers welcome order++
YES YES EET YES YES YES order++
YES YES GMT YES NO YES order++
YES YES EST YES NO Yes scalpers welcome order++
YES YES GMT YES NO YES order++
YES NOT APPLICABLE GMT YES NO Yes scalpers welcome order++
YES YES GMT+3 YES YES Yes but monitored order++
YES YES GMT+0 YES NO YES order++
NO NO GMT NO NO YES order++
YES YES GMT+2 YES NO Yes scalpers welcome order++
YES YES GMT+2 YES NO YES order++
YES YES GMT YES NO YES order++
YES NO GMT NO NO YES order++
YES YES GMT+2 YES YES YES order++
YES YES GMT YES YES YES order++
NO YES GMT+2 YES YES YES order++
YES YES GMT+2 YES YES YES order++

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