Order Execution Policy
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This Order Execution Policy explains how LuckyDGrowth executes your trade orders in a way that aims to achieve the best possible result for you when trading financial instruments. This policy applies to all clients and covers all orders submitted through LuckyDGrowth.
How We Provide Prices
We obtain price feeds from multiple liquidity providers and sources. This helps us offer competitive pricing, especially in volatile markets.
When you place an order, the price you see on your platform is based on the best available price we receive from our pricing sources at that time.
Order Types
You can place different types of orders:
Market Orders
Executed at the best available market price.
Pending Orders
Orders that execute when the market reaches your specified price.
Stop-Loss and Take Profit Orders
Used to limit losses or secure profits once triggered.
All order types are executed based on available market prices and prevailing market conditions.
Execution Factors
When executing your orders, we consider the following factors:
• Price – The price at which your order can be filled.
• Speed – How quickly the order can be executed.
• Likelihood of Execution – The probability that the order will be successfully filled.
• Costs – Any associated costs, fees, or spreads.
Our goal is to achieve the best overall result for you based on these factors.
Market Conditions
In fast-moving or volatile market conditions, slippage may occur. Slippage is when the execution price differs from the price requested at the time the order was placed.
This may occur during:
• Major economic news releases
• Periods of low liquidity
• Significant market volatility
Slippage and partial fills are normal market occurrences and should not be considered system errors.
Partial Fills and Trade Rejections
If sufficient liquidity is not available, your order may:
• Be filled in multiple parts (partial fills)
• Be executed at different prices
Orders may also be rejected if:
• The requested price is no longer available
• Your account does not have sufficient margin
• Internal risk management controls or trading restrictions apply
Best Execution
We aim to take all reasonable steps to obtain the best possible result when executing your trades. In doing so, we consider factors such as price, execution speed, costs, and likelihood of execution.
This commitment applies to both retail and professional clients.
Your Specific Instructions
If you provide specific instructions regarding the execution of an order, such as a particular price condition, we will follow those instructions.
Please note that doing so may limit our ability to achieve the best possible result in accordance with this Order Execution Policy.
Changes to This Policy
We may update this Order Execution Policy from time to time.
The most current version will always be available on our website.