1. INTRODUCTORY PROVISIONS

Broking FX operates as a financial services provider committed to delivering fair, transparent, and efficient trading services to its clients. We ensure that all services, advice, and transactions are conducted in accordance with applicable laws, regulatory standards, and industry best practices.

We are dedicated to acting honestly, fairly, and with due skill, care, and diligence while always prioritizing the best interests of our clients. Broking FX maintains robust internal policies, procedures, and systems to ensure optimal execution and service quality.

2. PURPOSE

The purpose of this Order Execution Policy is to outline how Broking FX ensures the best possible execution of client orders.

We aim to:

  • Achieve the best possible results for client transactions
  • Comply with all legal and regulatory obligations
  • Maintain transparency in execution practices
  • Provide clear guidelines on order handling and execution

This policy explains how orders are executed, the factors considered, and the processes followed to deliver the best outcomes.

3. APPLICATION

This policy applies when Broking FX executes or transmits client orders using the STP (Straight Through Processing) / ECN (Electronic Communication Network) model.

  • Broking FX does not act as a counterparty (principal) in client trades
  • Orders are executed through liquidity providers
  • The policy applies to retail and professional clients
  • Specific client instructions will always be followed, even if they override this policy

4. FINANCIAL INSTRUMENTS

Broking FX offers trading in CFDs (Contracts for Difference) across various asset classes:

  • Forex (Currency Pairs)
  • Shares
  • Metals
  • Commodities
  • Indices
  • Futures
  • Cryptocurrencies

5. ORDER TYPES

5.1 Market Orders

Orders executed instantly at the best available market price. Prices may vary slightly due to market movement.

5.2 Pending Orders

Orders executed at a predefined price in the future:

  • Buy Limit
  • Buy Stop
  • Sell Limit
  • Sell Stop

5.3 Trailing Stop

A dynamic stop-loss feature that automatically adjusts as the market moves in your favor.

6. BEST EXECUTION FACTORS

Broking FX takes all reasonable steps to achieve the best execution by considering the following:

6.1 Price (High Importance)

  • Competitive bid/ask spreads
  • Real-time pricing from liquidity providers
  • Accurate and updated market data

6.2 Costs (High Importance)

  • Spreads
  • Commissions (where applicable)
  • Swap/financing fees
  • Currency conversion costs

6.3 Speed of Execution (Medium Importance)

Fast order processing based on technology and internet connectivity.

6.4 Likelihood of Execution (Medium Importance)

Orders are executed at the best available price, especially during volatile market conditions.

6.5 Settlement (Low Importance)

Transactions are settled after successful execution.

6.6 Order Size (Low Importance)

Large orders may experience price variation due to market liquidity.

6.7 Market Conditions (Low Importance)

Market volatility, news events, and liquidity may impact execution.

7. EXECUTION CRITERIA

To determine the best execution, Broking FX considers:

  • Client classification (Retail or Professional)
  • Nature and size of the order
  • Type of financial instrument
  • Execution venue and market conditions

Price and cost are the primary factors, followed by speed and likelihood of execution.

8. EXECUTION RISKS

Under certain conditions, execution may vary:

  • High market volatility
  • News announcements
  • Low liquidity
  • Technical or connectivity issues

Orders may be executed at the next best available price instead of the requested price.

9. SPECIFIC INSTRUCTIONS

If a client provides specific instructions:

  • Broking FX will follow those instructions
  • This may limit our ability to achieve the best possible result under this policy

10. EXECUTION VENUES

  • Orders are executed via liquidity providers and trading networks
  • Broking FX does not act as the execution venue
  • Transactions may occur in regulated or non-regulated markets

11. MONITORING & REVIEW

We continuously monitor and review our execution processes to ensure effectiveness.

  • Policy reviewed at least annually
  • Execution quality regularly assessed
  • Updates made when necessary

Clients are encouraged to check our website for the latest version of this policy.

12. CLIENT COMMUNICATION

Any significant updates to this policy will be communicated via:

  • Website updates
  • Official communication channels

13. RECORD KEEPING

We maintain records of transactions and execution data for:

  • Minimum of 5 years
  • Up to 7 years if required by authorities

14. CLIENT CONSENT

By opening an account and using our services, you agree to:

  • This Order Execution Policy
  • Electronic communication of policy updates
  • Execution of trades via external liquidity providers

15. CONTACT US

For any questions, concerns, or requests regarding this policy, please contact us:

šŸ“§ info@aglfxploria.com