With TTCM, all orders placed by users are placed through ‘’Liquidity Providers’’, which are also commonly known as interbank institutions. These institutions provide a link between the customer and their placed orders and the network of financial institutions, such as international investment banks, hedge funds, insurance companies, and other entities that provide either financial services or financial security.All orders will be automatically executed by using the best available rate. As a result of this automation, there will be no conflict of interest. Neither the dealing desk nor the platform will not intervene, with all dealing as the customer being transparent and dealt with fairly.
Due to the nature of the enforcement policy for FX, commodities, and CFD, all users and customers should inform themselves about these policies prior to trading.
An instant order is a method of placing the bidding (BID) or asking (ASK) price depending if the user is willing to buy or sell the FX, commodity, or CFD. All orders should be placed in the respective fields and will be executed the moment the request is sent.
Contrary to the instant order, a pending order is any request that will be executed if some criteria are met, either concerning the market or the user's demand. By using this type of directive, the customer is not obligated to be present with the platform once desirable conditions have been met and can buy or sell at any predetermined marks.
This is an ordering method in which an order of buying (Buy) or selling (Sell) is executed when the market price reaches the desired value (Stop Price) set by the customer. When the market price reaches the order price of the stop limit, the execution of the order will be executed immediately and be regarded as a completed trading maneuver.
In order to minimize potential losses, this is a method where the customer can predetermine the lowest possible value of FX, CFD or commodity below which they are not willing to go. When the market price reaches the stop price (Stop Loss Price), the execution of the stop limit order will be executed and processed as a market order.
This is an ordering method in which an order of buying (Buy) or selling (Sell) is executed when the market price reaches the limit price of the limit set by the customer. When the market price reaches the order price of the limit price, the execution of the limit order starts, it is treated as a limit order, and it is contracted with the order price of the limit price or more favorable price.
To secure profit, it is an ordering method that determines the target settlement price. When the market price reaches the settlement order price (Take Profit Price) of the stop limit, the execution of the limit order starts, and it is processed as the limit order.
It is an ordering method to enforce a buy (Buy) or a sell (Sell) order with an effective market price at that time. The system will automatically aggregate the volumes provided by the third-party liquidity provider and execute the order with the volume-weighted average price, which is the most favorable contractible price at that time.
Rules and functions at the time of order
Although all orders performed on the platform will be sent immediately to the liquidity providers and the designated marketplace, some general rules apply in cases where the price described on the platform and the one available on the market are not equal. These rules are placed as to guarantee fair and transparent trade between customers, liquidity providers, and other relevant stakeholders.
Good till cancellation
This is the deadline setting that the customer adds to the limit order (Limit Order). Specify to what point in the future the valid status of limit/stop limit orders will be maintained. If limit/stop limit orders are not enforced until this set deadline, the order will be automatically cleared from the system.
Cancellation of Limit Order
You can change the setting contents or cancel the order for unlimited limit / limit stop order.
Timed refusal (request)
This is a phenomenon in which the price is again presented after the customer sends an instant order. As to enforce directives, customer consent is required about the new offer price. In the case of a mandatory order, we will perform a request if the requested rate is not valid on the market. The cost presented again is the next best price that we can receive from third-party liquidity providers, liquidity providers, ECN markets. In the limit orders (Pending Order), no re-entry occurs.
When the order is executed, if the order price requested is invalid in the market, the order may be contracted at a rate several PIP away from the order price. "Positive slippage" if you decide at an advantageous price rather than the order price of the customer, on the contrary, it will be "negative slippage" if you make a contract with an unfavorable price over the order price. Slippage is a phenomenon occurring on a daily basis in the exchange market, and it is a phenomenon that frequently occurs when the liquidity is low, or volatility is high, such as the announcement on economic trends and market opening.
About order execution
Although we offer a high contracting capacity exceeding the order execution rate of 99% or more, we may have a contract refusal (re-entry) during a period of deterioration of the market environment or deterioration of liquidity .
RISK WARNING: Our products are traded on margin and carry a high level of risk, thus it is highly possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Please review our Risk Warning ‘Risk Disclosures for Financial Instruments & Investment Services’.
LICENCES AND AUTHORISATIONS
TTCM Traders Capital Limited (herein "TTCM BM" or "Traders Trust") is a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of the Companies Act 1981 and registered with the Registrar of Companies under Company number 54135, with registered address 5th Floor, Andrew’s Place, 51 Church Street, Hamilton HM 12, Bermuda.
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