Scalping Is A Trading Style That Traders Utilize To Benefit From Minor Price Changes During A Short Period. In Preferred Capital Limited Client Agreements, The Definition Of Scalping Transactions Is When Traders Enter And Exit Positions In Less Than 180 Seconds On Foreign Exchange And Metals Trades And Within 300 Seconds On CFD Contracts (Including Single Name Stocks, Equity Indices, Metals, Crypto CFDs). “Scalping” Strategies Are Not Permitted On Our Platform For Traders. Introducing Brokers Will Not Receive Any Fees For Transactions That Are Defined As Scalping Transactions.
In Order to Ensure the Stability of The Preferred Capital Limited Platforms And Products, We Define ‘Stale Trading’ As A Method Traders Use Where They Open And Close Trades Within 10 Seconds. Preferred Capital Limited Considers These Trades Abusive and Does Not Allow These Trades on Its Platforms and Products. Should Stale Trades Occur in Your Account, Preferred Capital Limited Reserves the Right To Cancel Them Immediately.
We Have An Agency Execution Model And Automatically Cover All Client Positions With Executing Brokers And Liquidity Providers. On Rare Occasions The Aggregated Price Feed Which We Provide To Clients Can Become “Idle”. We Reserve The Right To Reverse The Profit And Loss Realized From Orders Where Idle Stroke Happened. We Will Investigate These Cases And Notify The Client Via E-Mail Or Telephone That Trades Are Cancelled. We Will Always Check To Ensure That The Reversal Does Not Generate An Unintended Position. If The Order Is Executed And Subsequently Reversed To Open A Position, Any Subsequent Order(S) Closing This Position Would Also Be Reversed Leaving The Net P&L At Zero, This Way The Client Will Not Be Disadvantaged By This Reversal Due To Our Invalid Price Delivery.
We Have An Agency Execution Model And Automatically Cover All Client Positions With Executing Brokers And Liquidity Providers. Although We Mitigate The Risk Of Invalid Price Feeds Reaching Clients Through Utilizing A Price Aggregation System Which Generates A Price From Multiple Liquidity Providers (Typically In Excess Of 10 Liquidity Providers). There Are Rare Occasions Where The Price Can Become “Skewed”. In Such Rare Instances, If Orders Are Filled At That Price, We Reserve The Right To Reverse Orders Where Misquote Occurred. We Will Investigate These Cases And Notify The Client Via E-Mail Or Telephone That Trades Are Cancelled. We Will Always Check To Ensure That The Reversal Does Not Generate An Unintended Position. If The Order Is Executed And Subsequently Reversed To Open A Position, Any Subsequent Order(S) Closing This Position Would Also Be Reversed Leaving The Net P&L At Zero, This Way The Client Will Not Be Disadvantaged By This Reversal Due To Our Invalid Price Delivery.
We Have An Agency Execution Model And Automatically Cover All Client Positions With Executing Brokers And Liquidity Providers. Although We Mitigate The Risk Of Invalid Price Feeds Reaching Clients Through Utilizing A Price Aggregation System Which Generates A Price From Multiple Liquidity Providers (Typically In Excess Of 10 Liquidity Providers). There Are Rare Occasions Where The Price Can Become “Skewed”. In Such Rare Instances, If Orders Are Filled At That Price, We Reserve The Right To Reverse Orders Where Misquote Occurred. We Will Investigate These Cases And Notify The Client Via E-Mail Or Telephone That Trades Are Cancelled. We Will Always Check To Ensure That The Reversal Does Not Generate An Unintended Position. If The Order Is Executed And Subsequently Reversed To Open A Position, Any Subsequent Order(S) Closing This Position Would Also Be Reversed Leaving The Net P&L At Zero, This Way The Client Will Not Be Disadvantaged By This Reversal Due To Our Invalid Price Delivery.
Trader’s preferred choice.
Registered Office:
Ground floor, The Sotheby building,
Rodney village, Rodney bay,
Gross-Islet
Email: support@preferredlimited.com
Risk warning
It is important to fully understand the risks involved and to carefully consider whether trading is appropriate for your financial situation and investment goals. CFDs and other complex derivatives are leveraged products, which means that you can potentially lose more than your initial investment. While leverage can increase potential profits, it can also magnify losses. It is important to have a clear understanding of the risks involved and to only invest money that you can afford to lose. Before trading in any financial products, it is also important to educate yourself on the market and the specific product you are trading. This can include researching the underlying asset, studying technical and fundamental analysis, and keeping up-to-date with market news and trends. Additionally, it is recommended that you seek advice from a financial advisor or professional before making any investment decisions. They can provide guidance on your investment strategy, risk management, and help you determine if trading complex financial products is appropriate for your investment objectives and risk tolerance. Remember, trading in complex financial products can be risky and is not suitable for everyone. You should always carefully consider the risks involved and seek professional advice before investing any money
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