At white forex we offer fixed spreads only to give you the best you deserve in this financial markets.
Here's why:
Our goal is to provide transparent prices and the tightest spreads we can without applying any additional commission. We simply pass on the best bid/ask price we get from our liquidity pool, and our spread accurately reflects what is available in the market. However, you may expect it to widen at market open, during rollover at (server time), during major news releases, or during high volatility periods.
You can check minimum, average, and current spreads for all trading instruments on our Spreads and Storage Charges
No, it will not change and will be fixed. But sometimes spread varies throughout the day depending on the trading session, liquidity, and volatility. It tends to be less tight at market opening on Monday, when high-impact news is released, and at other times of high volatility.
No, we do not. A requote occurs when the dealer on the other side of the trade sets an execution delay during which the price changes. As a non-dealing desk broker, White forex offsets all orders with the liquidity providers to be executed at their end.
Slippage is a slight execution price movement that may occur due to the lack of liquidity behind the requested price or when it's been taken by other traders' orders. It can also happen due to market gaps. Slippage should be factored in as one of the risks when trading with an ECN broker (financial intermediary that uses electronic communications networks or ECNs) since it cannot guarantee that your order will be executed at the requested price. However, our system is set up to fill orders at the next best available price whenever slippage occurs. Please be aware that slippage can be both positive and negative, and we cannot influence this factor.
Our top priority is giving you the best trading experience, that’s why, regardless of the risks, we have you covered: our risk management system ensures that clients cannot lose more than they initially invested. If your balance becomes negative due to Stop Out, we will compensate the difference and bring your account balance back to zero. We guarantee that your risk is limited to only those funds you have deposited into your account. Please be aware that this does not include any debt payments from the client. Thus, our clients are protected from losses beyond the initial deposit. You can read more in our Client Agreement
It depends on the currency pair, volume, and account leverage. When you open a hedge (locked or opposite) position, no additional margin will be required. However, if your free margin is negative, you will not be able to open a hedge order.
With market execution, we cannot guarantee filling at the requested rate for all of your positions. However, in case you have any doubts, or if you would like an individual review of your orders, we suggest writing a detailed request and sending it to support@whiteforex.com. Our trade compliance department will investigate your case, provide you with a prompt response, and make corrections to the account if applicable.
White forex is offering different types of account where you can get the zero spread with a least commission. White forex commission and spread are best in the industry to provide you the excellent experience you need to grow.
Our clients are welcome to use any trading strategies except arbitrage, including but not limited to scalping, hedging, news trading, and martingale as well as any Expert Advisers.
We allow scalping, hedging, and other strategies if the orders are placed in accordance with our Customer Agreement. However, please note that arbitrage trading is not allowed.
A price gap means that either the current bid price is higher than the ask price of the previous quote, or the current ask price is lower than the bid of the previous quote.
It is important to understand that you may not be always able to see a price gap on the chart since it can be enclosed in a candle. As the definition implies, in some cases you would need to observe the ask price, while the chart shows only the bid price.
The following rules apply to pending orders executed during a price gap:
Let's imagine that a bid is listed as 1.09004 and ask is 1.0900. In the next tick, bid becomes 1.09012, and ask–1.0902. Then:
We won't charge you any commission for holding an order overnight–all of our accounts are swap-free.
Yes, with us you can enjoy the benefits of trading gold, silver, crude oil, and other commodities. Read more about this type of assets on the Commodities trading page.