
Live Executable Rates
RFXT's RoyalTrader quotes live and executable streaming prices. These prices are updated automatically tick-by-tick reflecting the slightest move in the market. Prices shown on the T.S. are not indicative, meaning they are actual executable prices. RFXT takes pride in offering one of the best and most competitive prices to all clients equally. Moreover, RFXT offers tight fixed* spreads on major currency pairs.
RFXT maintains fixed spreads during normal market conditions.
Executions and confirmations are immediate under normal market conditions.
Orders
RFXT's RoyalTrader features a variety of orders to execute traders:
Market Orders: A trade is executed at the current market price. This order is quick and efficient. Click on the currency pair you want to trade then click on the price and the trade is executed!
Entry Orders: Trader specifies the price he/she wants to open the position at. Position is not executed until exchange rate hits the specified price.
Stop/Loss Orders: Used to pre-determine to what loss a trader is willing to take.
Limit Orders: Used to pre-determine to what profit a trader is looking to make.
Trailing Stop Orders: Used to minimize loss and set the stop order to move in the same direction as the market when it does in favor of the trader.
Account Information
Our trading platform does all the calculation for you! It calculates your profits, losses and margins tick by tick. Equity, margin and P/L are constantly updated by the slightest move in the market. Our Trading Platform also offers "No Debt Liability" (see Margin Watcher). This means that when Usable Margin goes down to zero, the platform automatically liquidates losing positions so the trader's account doesn't go into the negative. This is a guarantee that RFXT offers its clients, a trader would never be in debt to the company!
Margin Watcher
There is also an important safety feature embedded in this system that prevents clients from losing more money than they have in their accounts. Should the account equity—meaning the total floating value of the account—fall below the margin requirement of approximately 1% per lot, the dealing desk will close all positions. This protects the trader from losing more than the existing funds in the trading account.
Trading Off Exchange Foreign Exchange Currencies involve significant risk and may not be suitable for everyone. Please read RISK DISCLAIMER before investing.
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