Interesting, since this company is owned by REFCO (the company that is owner/partner with FXCM), and neither REFCO or FXCM will guarantee stops. Maybe someone should call them and ask them how they can guarantee stops when their parent company can't?
What do you mean, REFCO will not guarantee stops? According to their website:
GAURANTEED STOPS AND LIMITS*
Unlike most other forex firms, RefcoFX guarantees a fill at the specified price on all stop and other limit orders. By using the guaranteed stops offered by RefcoFX, you can limit your risk on a trade to the amount you choose.
Other brokers claim to guarantee fills on stop orders but they only back this claim for small trade sizes during normal market conditions. Many brokers routinely execute stops 5 to 15 pips away from the stop price. Only RefcoFX honors the exact specified stop level at all times.
* All stop-loss, limit and entry orders are guaranteed against slippage except in extraordinary volatile market conditions. All quotes and trades are subject to the terms and conditions of the Client Agreement accessible through this website
This is a fantastic guarantee, and is like the electric company guaranteeing that power will never be interrupted to your home, except during a thunderstorm.
