Legal

Order Execution Policy

This Order Execution Policy (the “Policy”) is issued by BitDelta Pro, which refers collectively to Bitdelta Limited: A company incorporated under the laws of Mauritius, with its registered address at the 6th Floor, THE CORE, 62 ICT Avenue, Cybercity Ebene, Mauritius and BitDelta Limited, a company incorporated under the St. Lucia, with its registered address at the ACE CORPORATE SERVICES, Ground Floor, Rodney Court Building, Rodney Bay, Gros Islet, St. Lucia.

The Policy outlines the principles and standards applied to the execution of client orders on the BitDelta Pro platform. It is designed to ensure fair, consistent, and transparent execution in line with applicable regulatory obligations, international best practices, and the operational requirements of the platform.

Scope and Applicability

This Policy applies to all retail and professional clients trading through the BitDelta Pro MT5 platform, all financial instruments offered under by BitDelta Pro, and all employees, affiliates, and third-party service providers involved in order execution or monitoring. It forms an integral part of BitDelta Pro’s internal control and governance framework, with mandatory compliance required across operational and technical teams.

Execution Model

BitDelta Pro operates on a Straight Through Processing (STP) / Aggregation Model. Orders are routed directly to multiple liquidity providers without internalization. The company maintains independence from liquidity providers to minimize conflicts of interest and deliver competitive pricing.

Best Execution Principles

BitDelta Pro takes all reasonable steps to achieve the best possible outcome for clients by applying a transparent, technology-driven execution process. Key factors considered include:

  1. Price — Quotes are aggregated from multiple Tier-1 and Tier-2 liquidity providers to deliver the best available bid/offer at execution time, with continuous monitoring to ensure competitive and accurate pricing.
  2. Costs — All execution-related costs (spreads, commissions, swap rates) are clearly disclosed upfront, with no hidden markups or internalization.
  3. Speed — Orders are typically executed in under 100ms under normal market conditions, supported by low-latency MT5 bridge connections in optimized data centers.
  4. Likelihood of Execution and Settlement — Execution depends on market depth, liquidity, availability, and counterparty acceptance; “last look” policies may apply during high volatility.
  5. Size and Market Impact — Larger orders may utilize smart order routing or partial fills to minimize slippage and limit market disruption.

Order Handling

BitDelta Pro supports the following order types:

  1. Market Orders — Executed at the next available price, subject to positive or negative slippage.
  2. Limit Orders — Executed at the requested price or better.
  3. Stop Orders (Buy Stop, Sell Stop, Stop Loss) — Triggered at market price upon reaching the stop level, potentially subject to slippage in volatile conditions.
  4. Take Profit Orders — Executed at the requested price or better.
  5. Liquidation Orders — Automatically triggered when margin level falls below 30% or equity breaches minimum thresholds.

All orders are recorded, time-stamped, and processed in accordance with BitDelta Pro’s operational standards and regulatory requirements.

Slippage Handling

Positive slippage (execution at a better price than requested) is passed directly to the client. Negative slippage (execution at a worse price, e.g., due to gaps or volatility) results in filling at the first available market price. Slippage is more likely during high- impact news events, low-liquidity periods, or market volatility. BitDelta Pro provides real-time market alerts and volatility indicators to assist clients.

Margin and Risk Management

Margin requirements are applied uniformly across instruments, with higher requirements and lower leverage for CFDs on cryptocurrencies due to their volatility. Accounts are monitored in real time, and automatic liquidation occurs if the margin level drops below 30% or equity falls below required thresholds.

Conflicts of Interest

Execution decisions remain independent of revenue-generating activities. Proprietary trading is segregated from liquidity provision to safeguard client interests. While execution at quoted prices is not guaranteed in all market conditions, consistent rules apply to all clients.

Monitoring and Review

Execution quality (including slippage, spreads, rejections, and speed) is monitored daily by the Risk Management team. Quarterly reviews escalate findings to the Risk & Compliance Committee and relevant counterparties. The Policy undergoes at least an annual review—or earlier if triggered by changes in market structure, regulations, or technology—with updates communicated to clients in advance.

Client Acknowledgement

By trading with BitDelta Pro, clients acknowledge and accept this Policy, including the risks of slippage, liquidity constraints, and automatic liquidations under margin rules.

Disclaimer

This document is provided for informational and regulatory compliance purposes only. It does not constitute investment advice or a recommendation to trade. Market conditions, liquidity, and pricing may change without notice. BitDelta Limited shall not be liable for any direct or indirect loss or damage arising from system delays, technical issues, or external counterparty performance.

Clients are encouraged to review this Policy alongside BitDelta Pro’s General Terms and Conditions, Risk Disclosure, and other legal documents available on the website.