Our certified DMA/STP Market execution guarantee
Fair and transparent market conditions
Pure Agency Model, no dealer intervention
No re-quotes, only real market pricing
Ultra-fast, fully-automated and reliable direct-to-market execution
Server cross-connection with leading VPS provider Beeks Financial Cloud
Pricing and Spread
As a STP broker, NewTraderLab offers you direct market access, ensuring the most competitive and transparent pricing and spreads. See our live quotes and average spreads here.
Limit and Stop Orders
Placed as close as 0.1 pips away from market price
Types:
Pending Orders:
Buy Limit, Sell Limit, Buy Stop and Sell Stop
Stop Loss
Take Profit
Please note that such proximity to market price may lead to your Stop/Limit order to be triggered instantly. As NewTraderLab offers market execution, SL and TP can only be set once the trade has been filled.
Lot Size
For a full list of asset classes and details per instrument, please see Products and Spreads page for Contracts specifications.
– 1 standard lot (“lot”, 1.00 on MT4) equals:
FX= 100,000 units of the base currency
CFDs: 1 contract of the CFD
– Min: FX & Commodities = 0.01; CFDs = 1.00
– Max: FX = 50 lots; Oil and Natural Gas = 20 lots: CFDs = 1,000 lots
– Max number of open trades: no limitations, subject to Internal Risk Assessment
Expert Advisors (EAs)
EAs are allowed on both MT4 and JForex platforms. As JForex is a Java based platform, EAs applied to JForex accounts need to be in Java programing language.
Choosing, evaluating, using and monitoring an EA is entirely at client’s own discretion and should not be in violation of NewTraderLab Trading Rules and Regulations.
For more details on NewTraderLab EA Policy, please read here.
Scalping
Scalping strategies are allowed
There are no limitations on the number of trades placed and on the number of pips in profit/loss.
Pending orders, SL and TP can be placed as close to market as 0.1 pips.
Note: NewTraderLab does not allow arbitrage.
Hedging
You can hedge your position at any time, as long as your Free Margin is positive (Margin Level>100%).
When all positions are fully hedged, the Margin Requirement will be zero.
Please note however that even if your positions are fully hedged, you are still responsible for the spread cost and a stopout can still be triggered.
News Trading
Our fast and reliable execution, direct access to market liquidity and outstanding technology allow for an appropriate trading environment for the news trader.
While NewTraderLab imposes no limitations on news trading, please remember that due to high market volatility during (and shortly before and after) major economic releases, news trading carries a high level of risk. Please note that while we endeavour to provide fast and flawless execution, high market volatility may cause slippage (orders may get filled at a price, other than the one specified) and may lead to excessive losses.