Price Tolerance is the price level within which our trading platform may execute your trade immediately even if at the time of execution the price has moved away from that specified by you.
Those markets where Price Tolerance applies will have default tolerance levels set, but they may be altered by you on the trading platform.
If you don’t want any slippage in execution price, you can manually set your Price Tolerance level to ‘0’ for each market. This will mean that if we receive a trade request and the price is different, the trade will be rejected and a new trade must be requested.
If you want to change your Price Tolerance level, you can do so by amending the Tolerance levels set within the Market Information for each market affected by Price Tolerance.
If however you want to remove Price Tolerance completely, you can do so by setting the Price Tolerance level to ‘0’ for the relevant market. This will mean that should our trade execution price move, you will need to submit a new trade request.
City Index is a trading name of GAIN Capital Australia Pty Ltd.
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The material provided herein is general in nature and does not take into account your objectives, financial situation or needs. While every care has been taken in preparing this material, we do not provide any representation or warranty (express or implied) with respect to its completeness or accuracy. This is not an invitation or an offer to invest nor is it a recommendation to buy or sell investments. GAIN Capital recommends you to seek independent financial and legal advice before making any financial investment decision. Trading CFDs and FX on margin carries a higher level of risk, and may not be suitable for all investors. The possibility exists that you could lose more than your initial investment further CFD investors do not own or have any rights to the underlying assets. It is important you consider our Financial Services Guide and Product Disclosure Statement (PDS) available at www.cityindex.com.au, before deciding to acquire or hold our products. As a part of our market risk management, we may take the opposite side of your trade. GAIN Capital Australia Pty Ltd (ACN 141 774 727, AFSL 345646) is the CFD issuer and our products are traded off exchange.