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Forex question What Is Freeze Level?
avatar Dacep21
Question by: dacepollard - 20 Jun 2017, 00:21:32
What Is Freeze Level?
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Answers (1)
avatar user 12769
Answer by: JustinJones - 20 Jun 2017, 00:43:41

The freeze Level is the range between the current market price and the trade's price you try to place (pending order). If the freeze level from your broker is 10 it means that if current market price on EURUSD is 1.3050, you can only place pending orders @ 1.3060 or 1.3040. All you have to know is if the freeze level is > 2 pips, you can consider that your broker is really bad!!!

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