How Aurex handles client orders
Aurex Limited is committed to handling client orders in a fair, transparent and consistent manner. This policy outlines the execution model, factors and conditions that may affect how an order is executed.
Agency execution (No Dealing Desk)
We operate an agency / No Dealing Desk (NDD) model. Client orders are routed to third-party liquidity providers for execution rather than being filled by an in-house dealing desk.
We are not the counterparty profiting from your losses; our income comes from spread and/or commission.
Execution factors
When executing orders we consider price, cost, speed, likelihood of execution and settlement, size and the nature of the order.
For retail clients, the total consideration — price together with execution costs — is normally the most important factor.
Pricing and slippage
Prices are derived from our liquidity providers. Markets are dynamic, so the execution price may differ from the price shown when you submitted the order.
Slippage can be positive or negative and is applied symmetrically; we do not deliberately delay or re-quote orders to your disadvantage.
Order types and conditions
Pending orders such as stop-loss and take-profit are triggered when the market reaches your specified level and are then executed at the next available price.
During gaps, news events or low liquidity, the executed price may be worse than the trigger level.
Execution venues and monitoring
We select liquidity providers based on the quality and reliability of their pricing and execution, and we review execution quality on an ongoing basis to keep the outcome fair for clients.
Execution outcomes can be affected by market conditions, liquidity, volatility, order size and other factors outside the immediate control of the execution process. Clients should understand that the price available at execution may differ from the price displayed when an order is submitted.