Question: Does re-quote happen on Tickmill MT4 FX accounts?
About re-quotes and slippage on Tickmill MT4 platforms.
Tickmill does not re-quotes orders
Tickmill makes sure that there is no re-quotes.
Any trades on Tickmill MT4 will be executed with “Market Execution” which guarantees there will be no intentional execution delays or interventions.
At the same time, Tickmill does not impose restrictions on profitability and allows all trading strategies including hedging, scalping and arbitrage.
On Tickmill, all orders are executed with NDD environment and instantly within 0.15 seconds.
On Tickmill MT4, you can benefit from the Fair trading environment.
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Slippage can occur at anytime
While Tickmill makes sure that all traders are provided with the same fair trading environment, they cannot guarantee you with no slippage environment.
Slippage can happen on any financial markets with any brokers, in certain market conditions.
In order to minimize the possibility of slippage, Tickmill executes all orders instantly within 0.15 seconds.
Once you place an order on Tickmill MT4, the system will find the available market liquidity and match the orders and reflect on MT4.
In case of slippage, it can affect your orders both positively and negatively, as Tickmill does not limit the positive slippage in the market either.
Tickmill is a NDD broker with fair trading environment, and slippage is a normal thing to occur.
You can find out more about Tickmill’s fair trading environment in the page here.
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Tickmill is a NDD broker
Tickmill is a NDD Forex broker with fair trading environment.
NDD stands for Non Dealing Desk, and it means Tickmill does not have a dealing desk to interfere or manipulate investors’ orders.
On Tickmill MT4, all orders are executed instantly and sent directly to the real market provided by mega banks.
The above is also the reason why Tickmill allows any profitable trading strategies on its MT4, as Tickmill supports investors to make profits.