Order Execution and Trading

If you have any further questions, please contact us via our contact form

What is slippage, and how does it affect my trades?

Slippage occurs when the execution price differs from the expected price. It can result from fast market movements and can impact trade outcomes.

Are there any restrictions on scalping or high-frequency trading?

MYFX Markets does not impose restrictions on trading strategies, including scalping or high-frequency trading.

What is the difference between a market order and a pending order?

A market order executes immediately at the current market price, while a pending order is set to execute when the price reaches a specific level.

How can I set up stop-loss and take-profit orders?

You can set these orders when opening a trade or modify existing positions in the trading platform.

How do I place a trade?

Log in to your trading platform, choose an asset, specify the trade size, and decide whether to buy (go long) or sell (go short).

Return to Support Categories

Ready to Start Trading?

Open an account in 3 minutes and receive your login details instantly.

Try a Demo Start Trading

Products

Accounts

Pricing

Platforms

Partnerships

About Us

Promotions & Support

MYFX Markets Pty Ltd registered address is U801 and U802, 6 Glen street, Milsons Point, NSW 2061, Australia, ABN 64 602 904 987 provides you with educational resources to help you become familiar with all the trading features and tools in the trading platform. With the demo account you can test any trading strategies you wish in a risk-free environment. Please bear in mind that the results of the transactions of the practice account are virtual, and do not reflect any real profit or loss or a real trading environment, whereas market conditions may affect both the quotation and execution. FX products are leveraged products and trading FX therefore involves a high level of risk that may not be suitable for everyone. MYFX Markets recommends that you ensure that you fully understand the risks involved before making any decision concerning MYFX Markets’ products. Independent advice should be sought if necessary.

Warning: FX market involves significant risks, including complete possible loss of funds. Consequently trading is not suitable for all investors and traders. By increasing leverage risk increases as well.

Current Disclaimer: This site is not intended for distribution, or use by, any residents in the U.S., Australia, Canada, Japan, EU countries, Islamic Republic of Iran, Indonesia, North Korea, Belize and Russia. You need to be 18 years old or legal age as determined by the laws of the country where you live in order to become our client. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject.

MYFX Markets is not under the supervision of the JFSA, it is not involved with any acts considered to be offering financial products and solicitation for financial services, and this website is not aimed at residents in Japan.
Restrictions to accessing our services might apply to individuals being national of, or resident in, the following countries:
Albania, Barbados, Botswana, Burkina Faso, Cambodia, Cayman Islands, Haiti, Jamaica, Malta, Mauritius, Morocco, Myanmar, Nicaragua, Pakistan, Panama, Philippines, Senegal, South Sudan, Syria, Uganda, Yemen, Zimbabwe.
Please note that the list provided is not comprehensive and may be updated periodically. For the most current information, please reach out to us directly.