Order execution speed and some other important points.

When trading on a virtual exchange, there are numerous nuances that some traders ignore, while othersorder execution speed overemphasize them.

An incorrect approach can lead to traders choosing the wrong broker or paying higher fees, losing potential profits.

Additional trading conditions include such factors as order execution speed, order triggers, and minimum stop order sizes.

Order execution speed typically ranges from 0.5 to 5 seconds. This metric is especially important when scalping, as even a delay of a few seconds can result in a loss of several points of profit. And when scalping, every point earned counts.

When trading over longer timeframes, this factor is less important, as the total profit can be measured in tens, and sometimes hundreds, of points.

It's worth noting that order execution speeds can vary even within a single broker, depending on the account type. Orders are executed most quickly on ECN accounts .

Order triggering : Brokers typically use two triggering options: when a price touches a level (less common), or only if the price has held at a given level for a while.

take-profit often fail to trigger during price surges , leading to complaints from the broker, who then suggests reviewing the trading terms more closely.

This is a crucial point, so stop orders should be calculated with the assumption that the price is guaranteed to reach this level. For example, it's not recommended to place a take-profit directly at an important level, as the price may only touch it and then begin to move in the opposite direction.

Minimum stop size - you've probably often encountered a refusal when attempting to set a stop loss closer than 10 pips to the current price. This is usually due to the way your broker's terminal operates; in most cases, it's simply not possible to set a stop loss closer than 10-15 pips.

This also applies to trailing stops ; they're typically set no closer than 15 pips to the current price.

If your strategy calls for smaller stop sizes, you can use accounts with five-digit quotes. This will allow you to approach the price by 1.5 standard pips.

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