Reliable and quality execution
We are committed to execution quality and transparency.
Forex execution is the process by which Today Markets completes a trader’s buy or sell order, characterized by speed, price, and reliability. Key types include Market Execution (guaranteed fill at best available price, common in ECN/STP  and Instant Execution (guaranteed price, but potential for re-quotes). Quality execution ensures minimal slippage and fast fill times.
Exceptional Trade Executions
Fast trade execution is critical to your success, and we challenge ourselves every day to deliver the best experience.
% OF TRADES EXECUTED IN LESS THAN 1 SECOND
Includes all valid trade and orders requests, excluding those entered on the cTrader platform**
AVERAGE EXECUTION SPEED
Elapsed time between order receipt and execution
Improve Your Potential
We’ve automated every aspect of the trade process with the goal of ensuring your trades are executed fast and at the price you expect – or better.
% OF LIMIT ORDERS PRICE
IMPROVED
Limit orders executed at a price better than the requested price
% OF LIMIT ORDERS FILLED
"AT OR BETTER"
Limit orders executed at the requested rate or better.
AVERAGE PRICE IMPROVEMENT (PIPS) PER FX LIMIT ORDER
Pip difference between requested and executed price of price improved limit orders in FX markets.
AVERAGE PRICE IMPROVEMENT (%) PER NON-FX LIMIT ORDER
Percent difference between requested and executed price of price improved limit orders in non-FX markets.
Get Filled, Fast
Speed, price and access to liquidity – we’ve got you covered.
% OF TRADES SUCCESSFULLY EXECUTED
What is slippage?
Slippage occurs when an order is filled at a price other than the requested price.
Our quoted prices are executable most of the time. In fast-moving markets, orders may be executed at a price which has ceased to be the best market price. Limit orders will always be filled at the requested price or better.
How are orders executed?
Orders are executed at the prevailing market price at the time the order is received.
Price quotes are derived from the liquidity provided to us by select top-tier global banks in the wholesale financial markets.
Do orders expire?
Pending orders, such as stops and limits, can be executed End of Day (EOD) or Good ’til Cancelled (GTC) on TodayMarkets.com trading platforms.
End of Day (EOD) orders automatically expire at 5 PM ET on the same day the order was entered.
Good ‘til Cancelled (GTC) orders will not expire unless they are manually canceled or, if they are attached to an open position, they will expire when that position is closed.
Pending orders on the MetaTrader 4 trading platform can be set to expire at a specific date and time; otherwise, they will remain on the platform indefinitely.