We would rather explain the real model than sell you a label. This is how execution works at AP Markets, exactly as described in our public Execution Policy.
Market orders execute at the best price available at processing time. In volatile conditions slippage can occur — positive or negative — and we document it in the policy.
We execute as direct counterparty or hedge risk with institutional providers (A-book/B-book), choosing at each moment the best combination of price, depth and speed.
Tier-1 banks, prime brokers and ECN aggregators provide the liquidity. The venue list is reviewed periodically.
We apply a best-execution policy with weighted factors: total price, costs, speed, likelihood of execution and order size.
Zero Spread and ECN PRO: spreads from 0.0 pips with a fixed commission of 3 and 3.5 USD per side. The other accounts pay no commission (the cost sits in the spread).
Order types, slippage, gaps, stop-out and venues are documented in the Execution Policy — no fine print.
The full detail of the model and the costs per account:
Informative summary of the published Execution Policy. In case of discrepancy the legal document prevails. Last review: July 2026.
