I experienced the following today with an Oanda live account.
Two valid XAUUSD sell stop orders were not executed because of the following error message: “Order triggered but could not be completed due to invalid stop loss”.
The orders were perfectly valid, as you can see below:
Sell Stop order 1
Price: 1218.83
Stop Loss: 1220.62
Sell Stop order 2
Price: 1219. 04
Stop Loss: 1220.83
They both got NOT executed at 08:39 GMT when XAUUSD dropped from 1221 below 1218.
Is this kind of "non-execution" particular to Oanda, or does it happen with other brokers as well?
Is this related to Oanda being a DD broker? Should I move to an ECN broker to avoid this?
Two valid XAUUSD sell stop orders were not executed because of the following error message: “Order triggered but could not be completed due to invalid stop loss”.
The orders were perfectly valid, as you can see below:
Sell Stop order 1
Price: 1218.83
Stop Loss: 1220.62
Sell Stop order 2
Price: 1219. 04
Stop Loss: 1220.83
They both got NOT executed at 08:39 GMT when XAUUSD dropped from 1221 below 1218.
Is this kind of "non-execution" particular to Oanda, or does it happen with other brokers as well?
Is this related to Oanda being a DD broker? Should I move to an ECN broker to avoid this?