The company shall take all reasonable steps to obtain the best possible result for its clients, taking into account the following factors when executing clients orders against the company’s quoted prices, as provided by its Ollatarde Provider/Execution Venue:

4.1. Price:

a) BID/ASK Spread: For any given financial instrument, the company will quote two prices, as offered by the Ollatrade provider/execution venue: the higher price (ASK) at which the client can buy (go long) that financial instrument and the lower price (BID) at which the client can sell (go short) that financial instrument; collectively, they are referred to as the company’s price. The difference between the lower and the higher price of a given financial instrument is the spread. 
b) Pending Orders: Such orders as “Buy Limit”, “Buy Stop” and “Stop Loss” / “Take Profit” for opened short position are executed at ASK price. Such orders as “Sell Limit”, “Sell Stop” and “Stop Loss” / “Take Prot” for opened long position are executed at BID price.
c) Company’s price: The Company’s price for a given Financial Instrument is provided as the solve Execution Venue, thus, the price offered by the Company to its Clients is determined by the Execution Venue. The Company updates its prices as frequently as the limitations of technology and communications links allow. The Company will not quote any price outside Company’s operations times (see section 3 below) or outside specific CFDs/OTCs trading times as published on the Company’s website; therefore, no orders can be placed by the Client during that time. The Company does not guarantee that when transmitting a client order for execution to the Execution Venue, the Company’s price will be the best possible for the Client than one which might be available elsewhere. The main way in which the Company ensures that the Client receives the best execution price is to ensure that the calculation of the BID/ASK spread is made by Liquidity provider/execution venue with reference to a range of external data sources and independent price providers. The company reviews its execution venue’s external reference sources at least once a year, to ensure that the data obtained continue to be competitive.

4.2 Costs
For opening a position in some types of financial instruments, the Client may be required to pay commission or financing fees, if applicable, the amount of which is disclosed in the contract specifications on the Company’s website.
a) Commissions: Commissions may be charged either in the form of a percentage of the overall value of the trade or as xed amount.
b) Financing Fee: In the case of financing fees, the value of opened positions in some types of Financial Instruments is increased or reduced by a daily financing fee, “swap”, throughout the life of the contract. Financing fees are based on prevailing market interest rates, which may vary over time. Details of daily financing fees applied are available under Contracts Specifications section on the Company’s website.
For all types of financial instruments that the company offers, the commission and financing fees are not incorporated into the company’s quoted price and are instead charged explicitly to the client’s trading account. (if applicable)
4.3 Speed of Execution
The Company places a signicant importance on Client’s orders being transacted efficiently and strives to offer high speed of execution within the limitations of technology and communications links.
The use of wireless connection, dial-up connection or any other form of unstable connection at the Client’s end may result in poor or interrupted connectivity or lack of signal strength causing delays in the transmission of data between the Client and the Company when using the Company’s Electronic Trading Platform. This delay may result in sending to the company out-of-date “market orders” which might be declined by the Company.
4.4 Nature of Orders
The particular nature of an order can aect the execution of the Client’s Order. The Client is given the option to place the following orders with the company for execution in the following ways:
a) The client places a “Market Order” which is an order executed on the market against a price that the company has provided as the sole execution venue. Occasionally, if the market has moved while the Client is placing the Market Order, the Order might be executed at the rst available price or it may not be executed at all. The Client may modify a Market Order so as to attach a “Stop Loss” and/or “Take profit”. “Stop Loss” is an order to limit Client’s loss, whereas “Take Profit” is an order to limit the client’s profit.
b) The Client places a “Pending Order”, which is an order to be executed at a later time at the price that the client specifies. The Company will monitor the Pending Order and when the price provided by the Company as the sole Execution Venue reaches the price specified by the Client, the Pending Order will automatically become a Market Order. The following types of Pending Orders are available: “Buy Limit”, “Buy Stop”, “Sell Limit” and “Sell Stop”. The Client may attach to any pending order a “Stop Loss” and/or “Take profit”. The Client may modify an order before it is executed. The minimum level for placing “Stop Loss”, “Take Prot”, “Buy Limit”, “Buy Stop”, “Sell Limit” and “Sell Stop” orders is between 1 to 5 times the spread for a given Financial Instrument, in accordance with the contract specifications available on the Company’s website.
The Client has no right to change or remove “Stop Loss”, “Take Prot” and “Pending Orders” if the price has reached the level of the order execution.
4.5 Nature of Orders
As explained in section 3 of this Policy, the Company is the sole Execution Venue for the execution of Clients’ Orders which are executed on an ‘Over The Counter’ (OTC) basis. The Company relies on the Execution Venue’s liquidity providers for prices and available Ollatrade; therefore, execution of the Client Orders will depend on the pricing and available liquidity of the said providers. Although the Company accepts and executes all Orders placed by the Clients, it reserves the right to decline an order of any type.
The Company strives to provide the best possible price to its Clients, and makes every effort and necessary arrangement to do so; however, it may be impossible to guarantee the execution of any or all of the pending orders at the declared price. Stop Loss, Take Profit, Buy Limit, Buy Stop, Sell Limit, Sell Stop Orders on Financial Instruments Offered by the Company are executed at the declared by the Client price on the rst current price
touch. But under certain trading conditions it may be impossible to execute orders (Stop Loss, Take Prot, Buy Limit, Buy Stop, Sell Limit, Sell Stop) on any Financial Instrument at the declared price. In this case the Company has the right to execute the Client Order at the first available price. This may occur, for example, at the following cases:
a) Trading Session start moments / opening gaps,
b) During news times,
c) During volatile markets where prices may move significantly up or down and away from declared price,
d) Where there is rapid price movement, if the price rises or falls in one trading session to such an extent that under the rules of the relevant exchange, trading is suspended or restricted,
e) If there is insufficient liquidity for the execution of the specific volume at the declared price.
If the Client undertakes transactions on an electronic system, the Client will be exposed to risks associated with the system including the failure of hardware and software (Internet/servers). The result of any system failure may result in the client order is either not executed according to Client instructions or not being executed at all. The company does not accept any liability in the case of such a failure.
4.6 Probability of settlement
The Company shall proceed to a settlement of all transactions upon execution of such transactions.
4.7 Size of order
All Client Orders are placed in lot sizes. The minimum available tradable size is 0.01 or as stated in the Contracts Specifications on the Company’s website. A lot is a unit measuring the transaction amount and it is different for each type of Financial Instrument. Although in some cases there is no maximum size of an order which the Client can place with the Company, the Company reserves the right to decline an order, in case the size of the order is large and cannot be filled.
The Company makes eevery efforttto fillthe order of the Client irrespective of the volume. However, if this is achieved, it may be at the rst available price, different from the Client declared price, as the market liquidity may allow at the time of execution (See section 4.5 for probability of execution).
4.8 Market Impact
Some factors, such as unusual market conditions, may aaffectrapidly the price of tthe financial instruments offered by the Company. These factors may influence some of the factors listed above. The Company will take all reasonable steps to obtain the best possible result for its Clients.
The Company does not consider the above list of execution factors comprehensive and the order in which the above factors are presented shall not be considered as made based on the priority of each factor. Nevertheless, whenever there is a specific instruction from the client the Company shall try to achieve specific client instructions the Client’s order shall be executed following. (See section 6 for the client’s specific instruction).