PFG BEST Broker Profile: Difference between revisions
From MultiCharts
no edit summary
(Created page with "FIX API is used for connection between MultiCharts and PFG BEST. SSL encryption is enabled by default. Market orders are converted into limit ones on broker end. Stop-Limit ...") |
No edit summary |
||
Line 12: | Line 12: | ||
Unrealized Profit/Loss for the account is calculated by PFG BEST broker every 5 minutes and displayed in MultiCharts, however during these 5 minutes Profit/Loss is calculated in MultiCharts. | Unrealized Profit/Loss for the account is calculated by PFG BEST broker every 5 minutes and displayed in MultiCharts, however during these 5 minutes Profit/Loss is calculated in MultiCharts. | ||
PFG BEST does not support Native One-Cancels-Others group. In this case MultiCharts emulates OCO group on its end. Simulated OCO-group means that all OCO orders are sent to the broker, price is monitored by MultiCharts and once one of the orders is filled, other orders from this OCO group are cancelled by MultiCharts. When one of the OCO orders is filled, MultiCharts sends a command to cancel the second OCO order to broker. Note that the second order may also be filled if price reaches its level before the cancellation is processed by the broker (see OCO | PFG BEST does not support Native One-Cancels-Others group. In this case MultiCharts emulates OCO group on its end. Simulated OCO-group means that all OCO orders are sent to the broker, price is monitored by MultiCharts and once one of the orders is filled, other orders from this OCO group are cancelled by MultiCharts. When one of the OCO orders is filled, MultiCharts sends a command to cancel the second OCO order to broker. Note that the second order may also be filled if price reaches its level before the cancellation is processed by the broker (see [[Trading Risks#OCO-Orders Risk|OCO-Orders Risk]]). | ||
<div style="background-color: #E3FBE5;">Note: It requires 1 minute for information to appear in Order and Position Tracker window due to speed of processing requests on broker end after PFG BEST Broker Profile is connected.</div> | <div style="background-color: #E3FBE5;">Note: It requires 1 minute for information to appear in Order and Position Tracker window due to speed of processing requests on broker end after PFG BEST Broker Profile is connected.</div> |