Olla Trade
Legal Document

Order Execution Policy

This policy describes how Olla Trade Ltd. executes client orders, the factors considered, and the obligations of both the Company and the client.

Effective: 1 January 2025
Last Reviewed: 1 January 2026

For a practical guide to execution, see the Execution Information page.

View Execution Information →

1. Purpose

This Order Execution Policy ("Policy") sets out the approach adopted by Olla Trade Ltd. ("the Company", "we", "us") for the execution of client orders in financial instruments.

The purpose of this Policy is to provide clients with a clear and transparent explanation of how the Company executes orders, the factors it takes into account, and the conditions under which execution takes place.

This Policy forms part of the Company's client agreement and should be read in conjunction with the Terms and Conditions.

2. Scope

This Policy applies to all clients of Olla Trade Ltd. who trade financial instruments through the MetaTrader 4 platform. It covers all asset classes offered by the Company, including Forex, Metals, Indices, Energies, Cryptocurrencies, and Stocks.

This Policy applies to all order types supported by the Company, including Market Orders, Limit Orders, Stop Orders, Stop Loss orders, and Take Profit orders.

3. Order Execution Approach

Olla Trade operates on a market execution basis for all client accounts. Orders are transmitted and executed at the best available market price at the time of processing, as sourced from the Company's liquidity providers.

The Company acts as principal in all transactions. Orders are not passed to an exchange or regulated market. They are executed through the Company's internal pricing engine and liquidity pool.

The Company does not use a dealing desk for routine order execution. Orders are processed electronically without manual dealer intervention under normal market conditions.

4. Execution Factors

In determining the best execution outcome for clients, the Company considers the following factors, listed in order of general priority:

  • Price: The price at which the order is executed, relative to the current market price.
  • Cost: Any explicit costs associated with execution, including the spread. The Company does not charge per-trade commissions.
  • Speed of execution: The time taken to process and fill the order from the moment of submission.
  • Likelihood of execution: The probability that the order will be filled at or near the requested price, given current liquidity.
  • Size of order: Larger orders may require execution across multiple price levels if market depth is insufficient.
  • Nature of the order: Different order types are handled differently with respect to price and timing.

5. Pricing and Spreads

The Company derives its prices from aggregated quotes provided by its liquidity providers. All spreads are variable and reflect prevailing market conditions. Indicative spreads shown on the Company's website represent the minimum spreads achievable under normal market conditions and are not guaranteed at all times.

The Company's revenue is derived from the spread between the bid and ask price. No separate commission is charged on standard trades.

6. Liquidity and Market Conditions

Execution quality is directly affected by available market liquidity. During periods of high market volatility — including major economic data releases, central bank announcements, geopolitical events — liquidity may be reduced and execution conditions may differ from normal conditions.

Under low-liquidity conditions, spreads may widen significantly, and orders may be executed at prices that differ materially from the requested price.

7. Slippage

Slippage refers to the difference between the price at which a client requests an order to be executed and the price at which it is actually filled. Slippage can be positive (filled at a better price) or negative (filled at a worse price).

The Company does not artificially manipulate slippage in its favour. Slippage reflects genuine market conditions at the time of order execution.

8. Requotes

The Company's market execution model does not involve requotes. All orders submitted by clients are accepted and executed at the best available market price at the time of processing.

9. Supported Order Types

The Company supports the following order types on the MetaTrader 4 platform:

  • Market Order: Executed immediately at the current best available market price.
  • Limit Order: Executed at the specified price or better.
  • Stop Order: Triggered when the market reaches the specified price, then executed as a market order.
  • Stop Loss: Closes a position automatically if the market moves against the client to a specified price.
  • Take Profit: Closes a position automatically when the market reaches a specified profit target.
  • Trailing Stop: A dynamic stop loss that adjusts as the market moves in the client's favour.

10. Specific Client Instructions

Where a client provides specific instructions regarding the execution of an order, the Company will follow those instructions to the extent reasonably practicable.

11. Market Disruption

In the event of market disruption, including technical failures, communication errors, or extraordinary market conditions, the Company reserves the right to take appropriate actions including temporarily suspending trading, widening spreads, or voiding transactions executed at erroneous prices.

12. Conflicts of Interest

As the Company acts as principal in all transactions, a potential conflict of interest exists. The Company maintains internal procedures to identify, manage, and mitigate conflicts of interest. Pricing is derived from external liquidity providers and reflects genuine market conditions.

13. Client Responsibility

Clients are responsible for ensuring they understand the order types and execution model before trading, and for maintaining sufficient margin in their accounts.

14. Monitoring and Review

The Company regularly monitors its execution quality and liquidity provider performance. This Policy is reviewed at least annually. Clients will be notified of material changes to this Policy.

15. Risk Disclosure

Trading Forex and CFDs involves significant risk of loss. It is possible to lose more than your initial deposit.

Clients should read the full Risk Disclosures before trading.

16. Contact Information

For queries regarding this Policy or order execution, please contact:

Company
Olla Trade Ltd.
Email
info@ollatrade.com
Phone
+44 7418 641736
Address
Grace Complex, The Valley, AI 2640, Anguilla
Reg. No.
AA000001849