Best Execution & Cost Transparency
TeleTrade is committed to execution quality and transparency for its clients. According to our Best Execution Policy, major execution factors that influence the quality of our service are price and likelihood of execution of the client orders. TeleTrade discloses the execution quality scorecard for the above factors on quarterly basis, for all types of accounts. Statistics includes all valid market and pending/limit order requests received via MetaTrade platform, excluding trader orders received by voice or in writing.
- EXECUTION SCORECARD Q4 2017
% OF MARKET ORDERS SUCCESSFULLY EXECUTED
% OF MARKET ORDERS FILLED WITHOUT REQUOTE
% OF TRIGGERED PENDING ORDERS FILLED «AT OR BETTER»
% AVERAGE PRICE SLIPPAGE FOR PENDING ORDERS
% OF TRIGGERED LIMIT ORDERS FILLED «AT OR BETTER»
TeleTrade is also striving to provide information on transactional costs necessary for clients to choose the most appropriate account type for their needs and plan their investments accordingly. Cost transparency information below shows the average impact of transaction costs per notional USD 1000 of trading volume for the most recent quarter. These trading costs affect net profitability of a client account, therefore a client should project that, for example, for an MT4 Standard Account, the net profitability of a trade can reasonably be expected to be at about 3% lower compared from the gross profitability. Please note that the Swap component depends on the time of holding of a position, thus for intra-days trading the hurdle rate would be reduced from 3% to 2.6% on average for MT4 Standard Account, and from 2.9% to 2.3% for the MT4 NDD Account.
- COST TRANSPARENCY Q4 2017
Total costs per USD 1000 of trading volume
Break-even gross return on a transaction