Legal document
Order Execution Policy
Last updated: 22 July 2026
1. Scope & Purpose
This policy sets out the arrangements Mercato Brokers has put in place to obtain the best possible result for its clients when receiving, transmitting and executing client orders across all instruments offered.
2. Execution Factors
We consider price, cost, speed, likelihood of execution and settlement, size, nature of the order and any other relevant consideration. For retail clients, total consideration (price plus cost) is typically the highest-ranked factor.
3. Execution Venues
Orders are executed against liquidity aggregated from tier-1 banks, non-bank market makers and prime-of-prime providers, as well as internally where doing so provides an equal or better outcome for the client.
4. Order Types
We support market, limit, stop, stop-limit, trailing-stop, OCO (one-cancels-the-other), and hedge orders. Order behaviour and any restrictions are described in the trading platform.
5. Slippage
In fast-moving, illiquid or gapping markets, orders may be filled at prices materially worse or better than requested. Symmetric slippage is applied where technically possible so that both positive and negative price improvement flow to the client.
6. Partial Fills
Where liquidity at the requested price is insufficient, orders may be filled partially at multiple price levels. The overall executed price is displayed in your trade confirmation.
7. Rejections & Requotes
Orders may be rejected during periods of extreme volatility, when spreads widen beyond acceptable levels, or where credit or risk limits are exceeded. Requotes are not standard practice on ECN-style Raw and Professional accounts.
8. Monitoring & Review
Execution quality is monitored on an ongoing basis using internal metrics and third-party analytics. This policy is reviewed at least annually and whenever a material change occurs in our execution arrangements.
9. Client Consent
By trading with Mercato Brokers, you consent to your orders being executed in accordance with this policy, including where execution takes place outside a regulated market or multilateral trading facility.
Risk Warning. Trading forex and CFDs carries a high level of risk and may not be suitable for all investors. Leverage of up to 1:1000 can work against you as well as for you. You could sustain a loss of some or all of your invested capital and should not invest money you cannot afford to lose.
Jurisdictional Restrictions. Mercato Brokers does not offer services to residents of jurisdictions where such offering would be contrary to local law or regulation, including but not limited to the United States, Canada, Iran, North Korea, Syria, Cuba and any sanctioned territories.
Mercato Brokers Ltd is regulated by the Financial Services Commission of Mauritius as an SEC-2.1B Investment Dealer. Registered office: 18 Bank Street, Ebene, Mauritius. Contact: info@mercatobrokers.com.