Social trading broker Darwinex has launched a new feature that allows traders to receive execution quality reports for each trade they make. Investors will receive data updated each weekend, but only if they trade via a live trading account.
Reports contain the following data about each trade:
- Prevailing BID & ASK price at the precise ms timestamp for each trade
- Execution speed in milliseconds, tracking the time lapsing since your order reaches our routing engine until we receive fill confirmation from the LP.
- Negative / positive slippage (if any) tracking the difference between requested and achieved fill price, both in terms of price and pips.
Traders can view the new feature once they log into their Darwinex accounts, click on the Trading Accounts section and then select the name of the account for which they want to view execution statistics.
Darwinex said it considers publishing execution quality data for the overall Darwinex community.
Darwinex, formerly known as TradeSlide, provides a social trading tool that assists investors in forex and contracts for difference (CFD) trading. It has been working on the social trading platform for at least three years and launched the Berta phase of it in August 2014. The broker is regulated in the UK by the Financial Conduct Authority (FCA).