Order Execution and Market Data Policy
This policy explains how Open Trader presents prices, handles trading instructions, and records synthetic or contract-style exposure.
Open Trader is not a traditional exchange
Open Trader provides a trading workspace and protocol interface. Depending on the market and feature, positions may be recorded as internal platform ledger positions, CFD-style exposure, perpetual-style exposure, or synthetic reference exposure. Unless clearly stated otherwise, opening a position does not mean you own the underlying asset or that an order has been routed to a named third-party venue.
Reference prices and data providers
Open Trader may use third-party market data and reference prices from providers including Binance, Hyperliquid, and other venues or data sources. These providers are not responsible for Open Trader accounts, support, trading outcomes, balances, or platform records.
Order handling
Orders, modifications, stop loss instructions, take profit instructions, and closures may be accepted, rejected, delayed, adjusted, or cancelled based on platform rules, risk controls, data availability, account state, technical conditions, and compliance checks.
Estimates and final records
Prices, margin, exposure, profit/loss, fees, estimated costs, order summaries, and risk values may be estimates until recorded or reconciled by the platform. Internal platform records are used to calculate account balances, positions, margin, fees, and account history.
No guarantee of execution level
Stop loss and take profit controls are risk tools, not price guarantees. They may trigger or close at different levels during volatility, market gaps, outages, illiquidity, delayed data, or technical disruption.