99.35% of All Orders Executed in Less Than 1 Second
Strict NO Re – Quotes Policy – NO Virtual Dealer Plug-In
100% Execution Rate – No Rejection of Orders
Real-Time Market Execution
Codexfx Order Execution Policy Summary
Codexfx is committed to treating you fairly when we execute orders on your behalf. We will always deal with you as principal when executing transactions for you, unless you have given us a specific instruction to do otherwise.
Codexfx introduces a no re-quotes and no rejection of orders policy on the MT4 platform. We offer 100% execution of orders with 99.35% of all our orders executed in less than 1 second.
Our trading platform supports market, limit, stop and trailing stop orders, and you have the freedom to place orders at any time during trading hours. In case you prefer telephone trading and speaking directly to an Account Executive, at Codexfx this is also possible. Your position will remain open until the closing trade is executed; moreover, your account balance is updated real-time according to urrent market prices. With fractional pip pricing you can trade with tighter spreads and enjoy most accurate quoting possible.
Kindly note that you may only hold up to 200 positions open simultaneously (per client and including pending orders).
Fills on Market Orders
You can trade 5 million with a simple click, as we guarantee fills on market orders up to 50 lots (5 million). However, if you intend to deal in an amount even bigger than this, you can either split up the order into smaller trade sizes, or request your full trade by telephone.
Fills on Stop – Loss and Limit Orders
At Codexfx, we understand the importance of stop-loss and limit orders in risk management, this is why we guarantee fills on both such orders up to 50 lots at the best available market price.
Holiday and Weekend Execution
Should there any market gaps occur from a Friday close to a Sunday opening, Codexfx executes all pending limit or stop orders at the first available market price for the corresponding position size.
Volatile or Illiquid Market Trading
Thanks to its alertness and business partnerships with various liquidity providers, Codexfx aims to serve you best even during volatile market conditions by executing orders at the best available market price
To read the entirety of the Codexfx Order Execution Policy, please click here.