Order Execution Policy

1. Scope

This policy applies to all orders executed by Thermo Markets on behalf of its clients, covering forex, index, commodity CFDs, and other instruments available on the platform.

2. Order Types

• Market Order:executed at the best available price at the time
• Limit Order:executed at the specified price or better
• Stop Order:Stop Order: activated when the price reaches the defined level
• Stop Loss / Take Profit:conditional orders linked to open positions

3. Execution

Orders are executed through Thermo Markets' proprietary system. Prices are derived from real-time market feeds and processed by the platform's pricing engine. The current execution model is detailed in the Client Agreement and can be consulted upon request to compliance.

4. Slippage

In conditions of high volatility, economic news, or market gaps, slippage (difference between the requested price and the executed price) may occur. Slippage can be positive or negative. Thermo Markets is not responsible for slippage resulting from normal market conditions.

5. Order Refusal

Thermo Markets reserves the right to refuse orders in the following situations: insufficient margin, suspected market manipulation, abnormal market conditions, or violation of the Client Agreement terms.