Deltastock Inc.

Level 2 FOREX quotes module

  The Level 2 FOREX quotes module (Level 2, L2, L II) in Delta Trading is an essential tool for trading Forex beyond the current BID and ASK price.

  There are NO REQUOTES, NO DEALING DESK and NO SLIPPAGE when trading with the Level 2 FX module!

  The Level 2 FX module gives a clear snapshot of the demand and supply on the Forex market, allowing you to analyze the depth and strength of buyers and sellers.

  With the Level 2 FX module you can place both limit and market orders.

  The market orders in the L2 FX module are executed up to the entered quantity at the best currently available L2 price. The greater market liquidity results in better BID and ASK prices. The highest BID and the lowest ASK are listed at the top line of the L2 order book.

  The Level 2 FX module provides the option of trading on margin 44 currency crosses, spot Gold* and Silver* at both fixed and variable dealing spreads at your choice, in one platform. You can place limit orders within the BID and ASK with no price limitations. Dealing spreads vary from 1 up to few pips on all major currency crosses, depending on the market's liquidity at any given moment.

  Traders can switch between trading at fixed and variable spreads at any moment, should they detect a better BID/ASK price. For example, a trader can open a position by placing a market order at the fixed spread and later on could offset it with the execution of a trade via Level 2. You can also place a matching order at the best BID and ASK price in the L2 FX module by double clicking on the best Buy and Sell Limit order.

  Deltastock Inc. is compensated by the spread between the BID and ASK price quotes and does not charge commissions for trading Forex at fixed-dealing spreads.

  Deltastock Inc. does charge commissions for the execution of trades through the L2 (Level 2/Level II) module of the Delta Trading platform for trading Forex at variable spreads, as follows:

  • For orders with trade quantities of 1’000 to 10’000 units – a commission of 0.005% of the base currency of the traded currency pair will be charged;
  • For orders with trade quantities greater than 10’000 units – a commission of 0.003% of the base currency of the traded currency pair will be charged.

CURRENCY PAIRS	MAXIMUM TRADE SIZE OF A SINGLE MARKET ORDER PLACED THROUGH THE L2 FOREX MODULE
EUR/USD; USD/JPY; GBPUSD; USD/CHF; USD/BGN; USD/CAD; AUD/USD; NZD/USD	5’000’000 (five million) base currency units
EUR/JPY; GBP/JPY; GBP/CHF; GBP/CAD; GBP/NZD	4’000’000 (four million) base currency units
EUR/CHF; EUR/GBP; CHF/JPY; EUR/CAD; EUR/AUD; EUR/NZD; GBP/AUD; AUD/CHF; CAD/CHF; GBP/BGN; CHF/BGN; USD/NOK; USD/SEK; USD/DKK; USD/ZAR; EUR/NOK; EUR/SEK; EUR/ZAR; GBP/NOK; GBP/ZAR; AUD/CAD; AUD/NZD; NZD/CAD; NZD/JPY; CAD/JPY; AUD/JPY; NZD/CHF	3’000’000 (three million) base currency units
SPOT METALS
XAU/USD	200 troy oz
XAG/USD	10 000 troy oz

  Deltastock Inc. is the counterparty to all L2 trades.

  You can go through a trial of the Level 2 FX module in the DEMO version of the Delta Trading platform.

  To open a LIVE trading account and have direct access to the global spot FOREX market, please complete the Online Application Form and we will get back to you shortly!

  For further information on the L2 FX module, please refer to the Delta Trading Level 2 Manual.

  * Trading on margin spot Gold and Silver in the Level 2 FX module is currently available only in the DEMO version of the Delta Trading platform.

"Deltastock" Inc. warns its present and future clients that currency trading is a high-risk activity, where the possibility of suffering losses is considerable. The leverage used magnifies your losses, as well as your gains.