Skilled Funded Traders Arvostelua 1 079

TrustScore 4/5 tähteä

4,0

Emme tarkista arvosteluissa esitettyjen väitteiden paikkansapitävyyttä, sillä arvostelut ovat arvostelijoiden omia mielipiteitä. Arvostelu voi kuitenkin saada Varmennettu-merkinnän, jos pystymme todentamaan, että arvostelun kirjoittaja on asioinut yrityksen kanssa. Lue lisää

Alustan luotettavuuden varmistamiseksi kaikkien arvostelujen – varmennettujen ja varmentamattomien – on läpäistävä automaattinen seulonta, joka on käynnissä kellon ympäri. Järjestelmä tunnistaa ja poistaa ohjeistustemme vastaisen sisällön – myös arvostelut, jotka eivät perustu aitoon asiointiin. Tiedostamme, että asiattomia arvosteluja saattaa tästä huolimatta päästä läpi. Voit tehdä meille ilmoituksen mistä tahansa arvostelusta, jonka uskot jääneen meiltä huomaamatta. Lue lisää

Katso, mitä arvostelun kirjoittajat sanovat

Saanut 2/5 tähteä

Prices, spreads, chat support, everyting is great until you buy an account and find out that they charge $7/lot FOREX and mix it with slippage. Absolute profitability killer - my final loss on lost tr... Näytä lisää

Saanut 5/5 tähteä

I was struggling very hard to get my account credentials. When all efforts failed I had to contact support and Mr Daniel handled it as if it were his personal issue. He even reached out to the back of... Näytä lisää

Saanut 5/5 tähteä

Hello SFT Thanks for nice, friendly and trustable services of supports and payout as well, I hope SFT will be best prop firm in 2024. No issue to make any situation, risk management team also will so... Näytä lisää

Yritys on vastannut

Saanut 5/5 tähteä

One of the best Funds in the world that I feel great to share with you guys. Cheap price challenge More discount code Automatically system, everything is very fast and smooth Small spread Outst... Näytä lisää

Yritys on vastannut

Yrityksen tiedot

Tietoja yrityksestä Skilled Funded Traders

Yrityksen kirjoittama


Yhteystiedot

4,0

Hyvä

TrustScore 4/5 tähteä

1 t. arvostelua

5 tähteä
4 tähteä
3 tähteä
2 tähteä
1 tähti

Kuinka tämä yritys käyttää Trustpilotia

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Yritykset eivät saa tarjota kannustimia tai maksaa arvostelujen piilottamisesta Trustpilotissa. Arvostelut ovat yksittäisten käyttäjien mielipiteitä, eivät Trustpilotin. Lue lisää

Saanut 1/5 tähteä

I buy account from them

I buy account from them. After 4 days my p/l was 856 of 25k it didn't reach 5% drawdown. There was some issue with there system. I have proofs. They said wait 24 hours for team to solve. How convinient is to wait 24 hours.
Here is what they said :
The data I have here with me shows you have breached your account, which have nothing to do with glitch from our part nor MT5 part it seems you won't be able to wait for our normal escalation period of 24hours.
I shall now further proceed to cancel the escalation and admit you have breached your account.
Is this normal. Big time Frauds.

21. helmikuuta 2024
Oma-aloitteinen arvostelu
Skilled Funded Traders-logo

Vastaus yritykseltä Skilled Funded Traders

Dear praveen yaday,

Thank you for sharing your concerns with us. We take all feedback seriously and strive to provide a transparent and fair trading environment for all our traders.

We understand your frustration regarding the wait time for the investigation of your account. Our team works diligently to ensure that all inquiries and issues are resolved accurately, which sometimes requires a thorough review process.

After our investigation, we can confirm that the breach of your account was valid and was not affected by any errors or glitches on our system or MT5. We understand that this may not be the outcome you were hoping for, and we apologize for any inconvenience this may have caused.

If you have any further questions or if there's anything else we can assist you with, please don't hesitate to reach out to our support team at support@skilledfundedtraders.com. We're here to help and ensure that your concerns are addressed promptly.

Thank you for your understanding, and we hope to have the opportunity to provide you with a positive experience in the future.

Best regards,
Skilled Funded Traders Support Team

Saanut 1/5 tähteä

The worst experience a trader can have…

The worst experience a trader can have in his career with this company is tampering with the laws without informing clients about the matter and restricting the trader from his ability to do his job as it should. Broker also manipulates the price and price slippage Also, you cannot have a stop loss of less than 5 pipe or someone who did it in the field of trading. What an achievement, haha. This is what happens when there are children who control something bigger than them.

16. helmikuuta 2024
Oma-aloitteinen arvostelu
Skilled Funded Traders-logo

Vastaus yritykseltä Skilled Funded Traders

Dear Dca Forex

Thank you for sharing your feedback with us. We're sorry to hear about your dissatisfaction with your experience at Skilled Funded Traders. We value your input and would like to address your concerns.

Regarding the changes to our Limit/ Stop Orders distance trading rules, we understand that adjustments can be challenging. This strategic update is designed to enhance market integrity, ensure fair trading practices, and more accurately simulate real-world market conditions. The implementation of requiring specific distances for these orders are required by the broker to make the trading simulation as close as possible to real market conditions. These distances, which vary by asset class, are designed to prevent premature order execution in volatile markets, discourage market manipulation, address liquidity concerns, accommodate technology limitations, avoid requotes, and reduce less favorable market conditions.

We strive to communicate any changes to our clients in a timely and transparent manner. If you feel that you were not adequately informed, we sincerely apologize for any oversight and will review our communication processes to prevent such occurrences in the future.

If you have any further questions or concerns, please don't hesitate to reach out to our support team at support@skilledfundedtraders.com. We're here to assist you and ensure that your trading experience with us is as positive and productive as possible.

Thank you for your understanding, and we hope to have the opportunity to regain your trust.

Best regards,
Skilled Funded Traders Support Team

Saanut 1/5 tähteä

NEW 5 pip rule???

NEW 5 pip rule???? Such a dumb rule that has no context at all. Stay away from this prop firm making their own rules. Do not bother with them.

20. helmikuuta 2024
Oma-aloitteinen arvostelu
Skilled Funded Traders-logo

Vastaus yritykseltä Skilled Funded Traders

Dear Ammenul Islam,


Thank you for sharing your feedback with us. We're sorry to hear about your dissatisfaction with Limit/Stop Orders Distance Rule. We value your input and would like to address your concerns.

Regarding the changes to our Limit/ Stop Orders distance trading rules, we understand that adjustments can be challenging. This strategic update is designed to enhance market integrity, ensure fair trading practices, and more accurately simulate real-world market conditions. The implementation of requiring specific distances for these orders are required by the broker to make the trading simulation as close as possible to real market conditions. These distances, which vary by asset class, are designed to prevent premature order execution in volatile markets, discourage market manipulation, address liquidity concerns, accommodate technology limitations, avoid requotes, and reduce less favorable market conditions.

We strive to communicate any changes to our clients in a timely and transparent manner. If you feel that you were not adequately informed, we sincerely apologize for any oversight and will review our communication processes to prevent such occurrences in the future.

If you have any further questions or concerns, please don't hesitate to reach out to our support team at support@skilledfundedtraders.com. We're here to assist you and ensure that your trading experience with us is as positive and productive as possible.

Thank you for your understanding, and we hope to have the opportunity to regain your trust.

Best regards,
Skilled Funded Traders Support Team

Saanut 1/5 tähteä

They'll change rules after that make it…

They'll change rules after that make it harder for a trader to stick to the system. The new SL rules should only be applicable to new traders and not the ones who bought before the rule was introduced.

18. helmikuuta 2024
Oma-aloitteinen arvostelu
Skilled Funded Traders-logo

Vastaus yritykseltä Skilled Funded Traders

Dear saifthegame,

Please know that we appreciate your feedback, and we want to clarify that the rule change is directed by our broker and must be applied to all accounts moving forward, regardless of when they were opened. This is to ensure consistency and fairness across all traders and to comply with enhance market integrity, ensure fair trading practices, and more accurately simulate real-world market conditions.

We understand that adapting to new rules can be challenging, and we are here to support you. If you have any questions or need further clarification, please don't hesitate to reach out to our support team at support@skilledfundedtraders.com.

Best regards,
Skilled Funded Traders Support Team

Saanut 1/5 tähteä

Worst Rule Ever!

They recently added a rule that requires you to set your SL atleast 5 pips away from your entry AND you cant even set a limit order less than 5 pips away from price!
That is a huge problem!

20. helmikuuta 2024
Oma-aloitteinen arvostelu
Skilled Funded Traders-logo

Vastaus yritykseltä Skilled Funded Traders

Dear Husain M,

Thank you for sharing your feedback with us. We're sorry to hear about your dissatisfaction with Limit/Stop Orders Distance Rule. We value your input and would like to address your concerns.

Regarding the changes to our Limit/ Stop Orders distance trading rules, we understand that adjustments can be challenging. This strategic update is designed to enhance market integrity, ensure fair trading practices, and more accurately simulate real-world market conditions. The implementation of requiring specific distances for these orders are required by the broker to make the trading simulation as close as possible to real market conditions. These distances, which vary by asset class, are designed to prevent premature order execution in volatile markets, discourage market manipulation, address liquidity concerns, accommodate technology limitations, avoid requotes, and reduce less favorable market conditions.

If you have any further questions or concerns, please don't hesitate to reach out to our support team at support@skilledfundedtraders.com. We're here to assist you and ensure that your trading experience with us is as positive as possible.

Thank you for your understanding

Best regards,
Skilled Funded Traders Support Team

Saanut 1/5 tähteä

I regret purchasing this firm

I regret purchasing this firm. What the heck with that 5 pips rule. I cannot even execute a trade even if more than 5 pips so I always used market execution. Customer support also is useless, no reply on my chat 2 days now. Avoid this prop firm at all cost. SCAM!

20. helmikuuta 2024
Oma-aloitteinen arvostelu
Skilled Funded Traders-logo

Vastaus yritykseltä Skilled Funded Traders

Dear John Gallego,

We're sorry to hear about your dissatisfaction with your experience at Skilled Funded Traders. We value your feedback and would like to address your concerns.

Regarding the 5 pips rule, we understand that this may have impacted your trading strategy. Please note that the Limit/Stop Order Distance rule does not apply to market execution orders, so you should be able to execute market execution order trades the very same way you have before.

We apologize for any delays in our customer support response. Our team strives to provide timely and helpful assistance, and we regret that we did not meet your expectations in this instance. We are actively working to improve our response times and ensure that all traders receive the support they need.

If you have any further questions or concerns, please don't hesitate to reach out to us directly at support@skilledfundedtraders.com. We're here to help and want to ensure that your experience with our prop firm is a positive one.

Thank you for bringing these issues to our attention, and we hope to have the opportunity to address your concerns and regain your trust.

Best regards,
Skilled Funded Traders Support Team

Saanut 1/5 tähteä

Unfair rules

Unfair rules
Implementing rule to make traders fail their evaluation and already funded trades to also fail… trying to reduce the RR of traders is wack… this prop firm is greedy. All they what is make money out of traders fail not to get people funded

16. helmikuuta 2024
Oma-aloitteinen arvostelu
Skilled Funded Traders-logo

Vastaus yritykseltä Skilled Funded Traders

Dear Cobey With,

Thank you for sharing your feedback with us. We're sorry to hear that you feel our rules are unfair. Our aim at Skilled Funded Traders is to provide a realistic and fair simulated trading environment, and we assure you that our rules are designed with the intention of helping traders succeed, not fail.

We understand that changes to rules can be challenging, and we appreciate the feedback provided in this review. We continually assess our rules and policies to ensure they align with market conditions and our traders' best interests. Our goal is to support our traders in achieving success, not to benefit from their failures.

If you have any specific concerns or suggestions, we would like to hear from you. Please feel free to reach out to us at support@skilledfundedtraders.com, and we will be happy to discuss your feedback further.

Thank you for bringing your concerns to our attention, and we hope to have the opportunity to address them and improve your experience with our evaluation firm.

Best regards,
Skilled Funded Traders Support Team

Saanut 1/5 tähteä

Stay away from that prop firm as they…

Stay away from that prop firm as they are
changing rules as they want. with introduction of the min 5pip stop loss rule it is going to be unusable for intraday traders.
Best thing is- no SL is possible, but if you set one it must be at least 5pips. what a joke.

20. helmikuuta 2024
Oma-aloitteinen arvostelu
Skilled Funded Traders-logo

Vastaus yritykseltä Skilled Funded Traders

Dear Jakob L,

Thank you for taking the time to share your feedback about Skilled Funded Traders. We understand your concerns regarding the recent introduction of the minimum 5-pip stop loss rule and how it may affect intraday traders.

We would like to clarify that the Limit/Stop Order Distance Rule does not impact stop losses. The rule specifically applies to limit orders, which must be placed at least 5 pips away from the current market price for Forex pairs. Stop loss orders are not affected by this rule and can be set as per your trading strategy.

We apologize for any confusion this may have caused and appreciate your feedback as it helps us improve our communication and services. If you have any further questions or concerns, please feel free to reach out to our support team at support@skilledfundedtraders.com. We're here to assist you and ensure that your trading experience with us is positive.

Thank you for bringing this matter to our attention, and we hope to provide you with a better experience moving forward.

Best regards,
Skilled Funded Traders Support Team

Saanut 1/5 tähteä

5 pips rule scam

19. helmikuuta 2024
Oma-aloitteinen arvostelu
Skilled Funded Traders-logo

Vastaus yritykseltä Skilled Funded Traders

Dear Joey Joey,

The rule in question is known as the Limit/Stop Order Distance Rule, and it specifically applies to pending orders, which include Limit Orders and Stop Orders (buy stops and sell stops). Here's a breakdown of how the rule works:

Pending Orders: The rule only affects Limit Orders and Stop Orders. These are orders that are set to execute at a specific price in the future, rather than immediately at the current market price.

Minimum Distance Requirement: For a pending order to be successfully submitted, it must satisfy a minimum distance requirement from the current market price. This distance varies depending on the financial instrument being traded:

Forex: The minimum distance for limit/stop orders is 5 pips. For example, if the current market price of EUR/USD is 1.2000, a buy limit order must be placed at 1.1995 or lower, and a sell limit order must be placed at 1.2005 or higher.
Indices: For indices trading, such as with the S&P 500, a minimum distance of 7.50 USD is required. This means that the pending order must be set at least 7.50 points away from the current market price.
Gold/Commodities: When trading commodities like Gold, a minimum limit/stop distance of 1 USD is required. This means the pending order must be set at least 1 point away from the current market price.
Exclusions: The rule does not apply to market execution orders, which are orders executed at the current market price. Additionally, the rule has no bearing on where customers place their Stop Loss orders. Stop Loss orders can be set closer to the current market price without being affected by this rule.

In summary, the Limit/Stop Order Distance Rule ensures that pending orders are placed at a minimum distance from the current market price, which can vary depending on the asset being traded. This rule is designed to prevent premature order execution in volatile markets, discourage market manipulation, and address liquidity concerns.

Best regards,
Skilled Funded Traders Support Team

Saanut 1/5 tähteä

Crazy new rules

Crazy new rules. Always had good experience with SKFT. Till they decided to just make some new rules, where price needs to be AT LEAST 5 pips away from your entry for you to place a position. Absolutely ridiculous. While sometimes using lower time frame confirmation I cant even enter a position due to this b*llshit. Especially with pairs like EUR/GBP 5 pips is a lot. Your whole trading freedom is taken away. Would not recommended anyone joining with this kind of rules.

19. helmikuuta 2024
Oma-aloitteinen arvostelu
Skilled Funded Traders-logo

Vastaus yritykseltä Skilled Funded Traders

Dear pb,

The rule in question is known as the Limit/Stop Order Distance Rule, and it specifically applies to pending orders, which include Limit Orders and Stop Orders (buy stops and sell stops). Here's a breakdown of how the rule works:

Pending Orders: The rule only affects Limit Orders and Stop Orders. These are orders that are set to execute at a specific price in the future, rather than immediately at the current market price.

Minimum Distance Requirement: For a pending order to be successfully submitted, it must satisfy a minimum distance requirement from the current market price. This distance varies depending on the financial instrument being traded:

Forex: The minimum distance for limit/stop orders is 5 pips. For example, if the current market price of EUR/USD is 1.2000, a buy limit order must be placed at 1.1995 or lower, and a sell limit order must be placed at 1.2005 or higher.
Indices: For indices trading, such as with the S&P 500, a minimum distance of 7.50 USD is required. This means that the pending order must be set at least 7.50 points away from the current market price.
Gold/Commodities: When trading commodities like Gold, a minimum limit/stop distance of 1 USD is required. This means the pending order must be set at least 1 point away from the current market price.
Exclusions: The rule does not apply to market execution orders, which are orders executed at the current market price. Additionally, the rule has no bearing on where customers place their Stop Loss orders. Stop Loss orders can be set closer to the current market price without being affected by this rule.

In summary, the Limit/Stop Order Distance Rule ensures that pending orders are placed at a minimum distance from the current market price, which can vary depending on the asset being traded. This rule is designed to prevent premature order execution in volatile markets, discourage market manipulation, and address liquidity concerns.

Best regards,
Skilled Funded Traders Support Team

Saanut 1/5 tähteä

Don't buy any challenge with this firm…

Don't buy any challenge with this firm i swear 🙏
Unfortunately i have already bought account with this firm and it was my biggest mistake
They have zero live support you will never get reply before 2-3 days of waiting but don't be happy they will come up with excuse not solve your issue.
I bought account with them couple of days latter they imposed a 5 pip rule which means you can't trade below 1h timeframe i only had placed 1 trade which was in profit and i asked them for refund but they denied it after waiting me for 5 days.
Their team is more busy in creating useless content on social media instead of helping traders and improving firm 👎

STAY AWAY FROM THIS FIRM 🙏

19. helmikuuta 2024
Oma-aloitteinen arvostelu
Skilled Funded Traders-logo

Vastaus yritykseltä Skilled Funded Traders

Dear sheeraz Ahmed,

The rule in question is known as the Limit/Stop Order Distance Rule, and it specifically applies to pending orders, which include Limit Orders and Stop Orders (buy stops and sell stops). Here's a breakdown of how the rule works:

Pending Orders: The rule only affects Limit Orders and Stop Orders. These are orders that are set to execute at a specific price in the future, rather than immediately at the current market price.

Minimum Distance Requirement: For a pending order to be successfully submitted, it must satisfy a minimum distance requirement from the current market price. This distance varies depending on the financial instrument being traded:

Forex: The minimum distance for limit/stop orders is 5 pips. For example, if the current market price of EUR/USD is 1.2000, a buy limit order must be placed at 1.1995 or lower, and a sell limit order must be placed at 1.2005 or higher.
Indices: For indices trading, such as with the S&P 500, a minimum distance of 7.50 USD is required. This means that the pending order must be set at least 7.50 points away from the current market price.
Gold/Commodities: When trading commodities like Gold, a minimum limit/stop distance of 1 USD is required. This means the pending order must be set at least 1 point away from the current market price.
Exclusions: The rule does not apply to market execution orders, which are orders executed at the current market price. Additionally, the rule has no bearing on where customers place their Stop Loss orders. Stop Loss orders can be set closer to the current market price without being affected by this rule.

In summary, the Limit/Stop Order Distance Rule ensures that pending orders are placed at a minimum distance from the current market price, which can vary depending on the asset being traded. This rule is designed to prevent premature order execution in volatile markets, discourage market manipulation, and address liquidity concerns.

Best regards,
Skilled Funded Traders Support Team

Saanut 1/5 tähteä

They are not trustworthy. Beware of them guys.

Every prop firm should have an active discord server for members to chat about their problems, ideas. Personally I do a little discussion with those community members before buying a account from those firms. This helped me to be aware from propfirm scams.Of course also this firm has a discord server mentioned on their website. But the link do not work. First impression was harsh. Stay away from them guys. There are many trustworthy propfirms out there !
If you want clues reach me through email.

19. helmikuuta 2024
Oma-aloitteinen arvostelu
Skilled Funded Traders-logo

Vastaus yritykseltä Skilled Funded Traders

Dear Ravi X,

Thank you for sharing your feedback about the importance of an active Discord server for community interaction. We agree that having a platform for traders to discuss their experiences and share ideas is valuable.

We apologize for any inconvenience you may have experienced with the Discord link on our website. We can confirm that our Discord server is active and that the link is working as intended. If you are still experiencing issues accessing our Discord server, please try clearing your browser's cache or using a different browser. You can also reach out to our support team at support@skilledfundedtraders.com, and we will be happy to provide you with a direct link to our Discord server.

We appreciate your feedback and are committed to providing a supportive and transparent community for all our traders. If you have any further concerns or questions, please don't hesitate to contact us.

Thank you for bringing this matter to our attention, and we hope to have the opportunity to improve your experience with our firm.

Best regards,
Skilled Funded Traders Support Team

Saanut 1/5 tähteä

This firm will discontinue the broker…

This firm will discontinue the broker you signed up to use (with low spread) and switch to another with much higher spread in the middle of your challenge. and refuse to give you refund.

Never use this service.

19. helmikuuta 2024
Oma-aloitteinen arvostelu
Skilled Funded Traders-logo

Vastaus yritykseltä Skilled Funded Traders

Dear Blake Wardsmith,

Thank you for sharing your feedback about your experience with Skilled Funded Traders. We understand your concerns regarding the change of brokers.

Please be assured that these changes come due to developments in the industry, and our priority is to provide the best possible options for our trading community. We apologize for any inconvenience this may have caused and understand the frustration of adapting to new trading platforms unexpectedly.

Regarding refunds, we encourage you to reach out to our support team at support@skilledfundedtraders.com with your account details so we can review your case. We are committed to ensuring a fair and satisfactory resolution for all our traders.

We appreciate your feedback as it helps us improve our services and communication. We are dedicated to providing a transparent and supportive trading environment and hope to have the opportunity to regain your trust.

Best regards,
Skilled Funded Traders Support Team

Saanut 1/5 tähteä

5 pip rule made me lose my account

SFT sends a lot of giveaway and promotuonal emails. Thats not a bad thing but they changed their rules and mentioned those rules in such an email where it was impossible to guess that there could have been MAJOR trading rule changes.

The support on their discord said that they mentioned the change of rules and I showed him every email from SFT via a screenshot and even that support guy couldnt guess which email subject had the change of rules mentioned.

I am an ICT trader. I enter on 30m fvg candles. 30m chart is not a small timeframe and can not be used for scalping. When an fvg is formed on 30m chart ofcourse theres gonna be less than 5 pips in most cases for the entry. Yesterday on 16 Feb 2024 I was talking to the support guy to explain me this stupid rule and missed my entries on GU and EU.
The support guy said its just 5 pips you can enter on market order like bro seriously??

I “had” a 200k challenge account how about SFT itself covere that extra cost.
The founders are more focused on creating content than managing their prop firm. Its more like a side hustle for them as they are hustlers.

Since TFT also introduced that 5 pip rule some days ago and TFT owner is famous for having 10s of 100s of propfirms. I guess, SFT is just another one of his firms with these social media creators as the face of it.

Extremely disappointed with their negligence from what traders want. If they had the power they would even make a rule like “You cant have more than 1:1RR trades”.

I asked the support to refund my money as these rules were not mentioned at the time of purchase. Support said if you have placed a trade then it cant be refunded.

So please help us in this matter by making a video “How this 5 pip strategy made me millionaire in 2024” LoL!

In short,
Dont buy accounts from this firm as they are about to go down and they accumulating as much money as they can.
And dont forget to like, subscribe and share to this review.

5. maaliskuuta 2024
Oma-aloitteinen arvostelu
Saanut 1/5 tähteä

Has hidden 5pips rule

Has hidden 5pips rule . Don’t buy any challenge from this prop firm if you’re a day trader

16. helmikuuta 2024
Oma-aloitteinen arvostelu
Skilled Funded Traders-logo

Vastaus yritykseltä Skilled Funded Traders

Dear Mensah Sonny,

The rule in question is known as the Limit/Stop Order Distance Rule, and it specifically applies to pending orders, which include Limit Orders and Stop Orders (buy stops and sell stops). Here's a breakdown of how the rule works:

Pending Orders: The rule only affects Limit Orders and Stop Orders. These are orders that are set to execute at a specific price in the future, rather than immediately at the current market price.

Minimum Distance Requirement: For a pending order to be successfully submitted, it must satisfy a minimum distance requirement from the current market price. This distance varies depending on the financial instrument being traded:

Forex: The minimum distance for limit/stop orders is 5 pips. For example, if the current market price of EUR/USD is 1.2000, a buy limit order must be placed at 1.1995 or lower, and a sell limit order must be placed at 1.2005 or higher.
Indices: For indices trading, such as with the S&P 500, a minimum distance of 7.50 USD is required. This means that the pending order must be set at least 7.50 points away from the current market price.
Gold/Commodities: When trading commodities like Gold, a minimum limit/stop distance of 1 USD is required. This means the pending order must be set at least 1 point away from the current market price.
Exclusions: The rule does not apply to market execution orders, which are orders executed at the current market price. Additionally, the rule has no bearing on where customers place their Stop Loss orders. Stop Loss orders can be set closer to the current market price without being affected by this rule.

In summary, the Limit/Stop Order Distance Rule ensures that pending orders are placed at a minimum distance from the current market price, which can vary depending on the asset being traded. This rule is designed to prevent premature order execution in volatile markets, discourage market manipulation, and address liquidity concerns.

Best regards,
Skilled Funded Traders Support Team

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