Trading Rules
Order execution when the market opens with a break off or if a break off occurs during the day.
If the market opens with a break off or if a break off occurs during the day (this normally happens after weekend or holidays, upon release of important
macroeconomic data, economic and political news as well as in case of force major events), orders are fulfilled as follows:
- Take Profit (T/P) orders are executed at stated prices;
- All other types of orders are executed at the first market price.
Please note that dealers do not make any decisions on disputable issues in connection with order fulfillment or any other disputable trade-related issues. So if you
disagree with a dealer on any trade-related issue please call at the Customer Relations Department or write a letter to
service@fibogroup.com during one day. If more than two days pass after entering into a transaction such claims will not be
reviewed.
"Freeze Level"
The size of Freeze Level is equal to 2 spreads of an underlying contract in FIBO Group, Ltd. Freeze Level sets fixed interval from the activation prices of pending
orders and Take Profit and Stop Loss. If a market price gets in such an interval, then this order is freezed and the client cannot modify, delete or close it. This
limitation helps to protect the company from the client's modification or rejection of his request at the same moment as the broker is processing this order.
CHARTS CONSTRUCTION
Charts in MetaTrader 4.0 are constructed in the following way:
High (maximum price) - by BID price
Low (minimum price) - by BID price
MARGIN REQUIMENTS
If at any point of time the Equity (current balance including open positions) is equal to 20% of the margin occupied by open positions, a dealer has
the right to close one or all open positions to meet margin requirements.
