Restrictions on news trading: Freeze Time

There are restrictions on news trading on Micro accounts.

During a certain period of time (Freeze Time) before, during, and after the news release, it is impossible to place, delete or modify pending Buy or Sell ​​Stop orders (Buy Stop or Sell ​​Stop).

These restrictions apply both for a separate pending Stop order and for a pair of opposite, corresponding Stop orders.

Recall that Corresponding Orders are multidirectional orders (one Buy Stop type, another Sell ​​Stop), placed for one currency pair at the same time.

When you try to install, modify or cancel a pending Stop order to buy or sell ( Buy / a Sell the Stop ), you will see an error message in the terminal.

On average, the duration of Freeze Time is several tens of seconds.

The exact Freeze Time is set at the discretion of FXOpen on a case-by-case basis and may vary depending on the type and importance of the upcoming economic event.

These restrictions are also reflected in the documents that the client of the company accepts when opening an account.

Freeze Time means the period of time determined by the Company before the release of news.

The company has the right, at its sole discretion, to determine the length of the freeze time depending on the situation on the currency market and on the nature of the news.

The Company has the right to refuse the Client to place, delete and modify all pending orders (including opposite pending orders) during the Freeze Time.

Go to FXOpen’s Official Website