Question about order types and execution speed

Created at 13 Jul 2022, 12:54
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waym77

Joined 22.07.2021

Question about order types and execution speed
13 Jul 2022, 12:54


Hi,

I have a question regarding cTrader copy and the relationship between Provider and Copier accounts.

If all else is equal (leverage and balance) between the Provider and Copier, are order equal as well?

What I mean by this is:

a) if the Provider places a limit order at a set price, does the Copier also place a limit order, or does the Copier create a market order as soon as the limit is filled for the Provider

b) how does execution speed look between Provider and Copier? Is it asynchronous in the case of multiple Copiers?

 

Thanks


@waym77
Replies

PanagiotisCharalampous
13 Jul 2022, 13:16

Hi waym77

1) All copying orders are executed as market orders.

2) Some milliseconds usually.

Best Regards,

Panagiotis 

Join us on Telegram and Facebook


@PanagiotisCharalampous

ruvaldi
13 Jul 2022, 15:09

RE:

PanagiotisCharalampous said:

Hi waym77

1) All copying orders are executed as market orders.

2) Some milliseconds usually.

Best Regards,

Panagiotis 

Join us on Telegram and Facebook

So if I trade using pending limit orders orders, would they have positive execution of slave account as on my master account?

Now on IC Markets and Pepperstone I see ideal execution of all my limit orders(exact filling or positive slippage) in Ctraders logs


@ruvaldi

PanagiotisCharalampous
13 Jul 2022, 15:16

Hi ruvaldi,

No, followers get market execution, positive or negative slippage is possible.

Best Regards,

Panagiotis 

Join us on Telegram and Facebook


@PanagiotisCharalampous

ruvaldi
13 Jul 2022, 15:27

RE:

PanagiotisCharalampous said:

Hi ruvaldi,

No, followers get market execution, positive or negative slippage is possible.

Best Regards,

Panagiotis 

Join us on Telegram and Facebook

bad very bad(((

any chance to make as on my master account in the nearest future?


@ruvaldi

PanagiotisCharalampous
13 Jul 2022, 15:34

Hi ruvaldi,

No because this will affect the copying process and might leave followers exposed. The orders of followers need to be executed no matter what.

Best Regards,

Panagiotis 

Join us on Telegram and Facebook


@PanagiotisCharalampous