Legal

Order Execution Policy

This policy explains how your orders are handled once you send them: what we take into account, how our prices are formed, why a fill can differ from the price you saw, and when an order will be refused. It forms part of your agreement with us.

Version: Version 1.0
Effective: 14 August 2026
Issued by: Yal Group Inc.

1. Purpose and scope

This policy sets out the arrangements Yal Group Inc. has in place to obtain the best result reasonably available for clients when executing their orders. It applies to all clients and to all instruments we make available.

It forms part of our Terms and Conditions. By entering into that agreement you consent to your orders being executed in accordance with this policy, including outside a regulated market or multilateral trading facility, which is how all CFD trading with us is conducted.

2. The capacity in which we act

We deal as principal. We are the counterparty to every contract you enter into, which is what makes the product a contract for difference rather than a purchase on an exchange. We are not your agent, we are not acting on your behalf in a market, and we do not pass your order to a market in your name.

Two consequences follow, and they are stated here so that you can rely on them. First, you contract with us and not on an exchange, so the instrument you hold is a contract with us and you acquire no rights in the underlying. Second, where our interests and yours could diverge, the arrangements described in our Terms and Conditions apply, and where they are not sufficient to prevent a risk of damage to your interests we will disclose the conflict before acting.

Our prices are derived from quotes supplied to us by institutional liquidity providers, aggregated so that no single source determines the price you see. We do not name those counterparties here: the panel changes as providers are added, replaced or suspended, and a list published in a policy would be out of date without being corrected. What matters to you is the standard rather than the roster, so it is stated instead: we take our price from the best of the sources available to us at the moment your order arrives, and section 12 describes how we check that we are doing so.

3. Execution factors

In executing your order we take into account the following factors, and weigh them against each other:

Factor	What it means, and how much weight it carries
Price	The bid or ask at which the order is filled. Together with speed, this normally carries the greatest weight for a retail client, because the total consideration paid is dominated by it.
Speed	How quickly the order is executed once received. In a moving market, speed determines price, so the two are not independent.
Likelihood of execution	Whether the order will fill at all. This becomes the dominant factor in thin or fast markets, where an order that would have filled at a marginally better price may not fill.
Size	The order's size relative to available liquidity. A larger order may fill in parts or at a worse average price.
Costs	Spread, commission and any charge attributable to executing the order.
Nature of the order	Market, limit, stop and other order types behave differently and are handled as described in section 5.
Any other relevant consideration	Market conditions, the state of the underlying market, and the operational condition of our systems and those of our counterparties.

For a retail client we treat price and cost, taken together as total consideration, as the most important factors, subject to speed and likelihood of execution where market conditions make them decisive.

4. Specific instructions

A specific instruction overrides this policy for the part of the order it covers. Where you tell us to execute in a particular way, for example by setting a limit price, we will follow it. Doing so may prevent us from taking the steps this policy would otherwise require to obtain the best result on that aspect of the order.

5. Order types and how they are handled

Order type	How it behaves
Market	Executed at the best price available to us when the order reaches our systems. That price may be better or worse than the price displayed when you sent it.
Limit	Executed only at the limit price or better. It will not fill at a worse price, and it may not fill at all even if the market trades at your level, if there was insufficient liquidity there.
Stop	Becomes a market order once the stop level is reached, and is then filled at the best price available. It is not guaranteed to fill at the stop level and in a gapping market may fill materially away from it.
Stop limit	Becomes a limit order once the stop level is reached. It protects you against a worse price and accepts the risk of not filling at all.
Trailing stop	A stop that follows the market by a set distance. Where it is maintained by the platform on your device rather than on our servers, it will not operate while the platform is closed or disconnected.

Order types available to you depend on the platform your account runs on. Every account runs on MetaTrader 5, as published on our website.

6. How our prices are formed

Our price for an instrument is derived from the price of the underlying market, sourced from the arrangements described in section 2, with our spread applied.

Spreads are variable. Published and displayed spreads are typical, not guaranteed, and they widen when liquidity thins, around scheduled economic events, at session opens and closes, and during periods of stress. Our current spread and commission model per account type is published on our pricing pages and prevails over any figure quoted elsewhere.

Prices displayed on marketing pages, in charts and outside a live trading session are indicative and are not dealable.

7. Slippage, partial fills and aggregation

Slippage is the difference between the price you expected and the price you received. It occurs because prices move between the moment an order is sent and the moment it is executed.

We apply slippage symmetrically. Where the market has moved in your favour in that interval, you receive the improved price. We do not have an arrangement under which favourable slippage is withheld and adverse slippage is passed on.

Where there is insufficient liquidity to fill an order at a single price, it may be filled in parts and at different prices, and you will receive the volume-weighted average. We may aggregate your order with those of other clients where doing so is unlikely to disadvantage you, though aggregation may work to your disadvantage on a particular order.

8. When an order will be refused, cancelled or amended

We may decline, cancel or amend an order where:

you do not have sufficient free margin to support the resulting position;
the instrument is suspended, closed, or has been withdrawn;
the price on which the order would execute is materially wrong because of a feed failure, an outage or an obvious mispricing;
the order breaches a position or exposure limit applied to your account or to the instrument;
executing it would breach a law, a sanctions measure, or an instruction from a competent authority;
we reasonably suspect the order forms part of conduct prohibited under our Terms, including trading on an erroneous or stale price;
our systems, or those of a counterparty, are not operating normally.

An order that has been transmitted is not an order that has been accepted. A confirmation on the platform is the record of what our systems processed, and it governs save for manifest error. Where we void or amend a transaction for manifest error we will tell you promptly and, where the error was ours, we will not seek a gain from correcting it.

9. Margin close-out and liquidation

Where your account equity falls below the close-out level, we may close positions without further notice in order to bring the account back within its margin requirement. Positions are ordinarily closed in the order that most efficiently restores the requirement, which may not be the order in which they were opened.

A close-out is executed as a market order and is subject to the same conditions as any other. In a fast or gapping market, the price obtained may be materially worse than the last price displayed. See the Risk Warning.

10. Trading hours, rollovers and corporate actions

Each instrument has its own trading hours, published on the platform, and orders can only be executed while its market is open. Hours change around holidays and daylight-saving transitions.

Positions held past the daily rollover time attract overnight financing. Where an instrument is based on a futures contract, it is rolled to the next contract on a published schedule, and a rolled position may be subject to an adjustment reflecting the price difference between contracts.

Where a corporate action affects an instrument based on a share or an exchange-traded fund, we will make an adjustment to your position, your cash balance, or both, that reasonably preserves the economic effect the position had immediately before the action. Some corporate actions require a position to be closed, and where that is the case we will tell you before we act if we are able to.

11. Disruption and alternative dealing channels

If the platform is unavailable you may not be able to open, modify or close a position. Positions left open through a disruption remain exposed to the market.

There is no alternative dealing channel. We do not offer telephone dealing, and we will not accept an order by email, chat or any other route. The platform is the only place an order can be placed, and you should plan on that basis rather than assuming someone can be reached to close a position for you. If the platform is unavailable, contact support and we will tell you what we know about the disruption, but support cannot deal for you.

12. Monitoring and review

We monitor the effectiveness of these arrangements, including the quality of the prices we obtain and the incidence of rejections, requotes and slippage in both directions. Where monitoring shows we are not obtaining the best result reasonably available, we correct the arrangement.

We review this policy at least annually, and whenever a material change occurs in our liquidity arrangements, our platforms or the applicable rules. Where a review results in a material change we will publish the updated policy and tell you.