So just to clarify my query by hypothetical example:-
CFD Buy stop limit order placed for 1000 contracts at £5, to execute on market open. Limit of £6, stop of £4.70. Previous day close £4.80.
Premarket price ranging around £8.
My assumption is that at market open this order would not be filled and the price would be somewhere around the pre-matket price (assuming no surprises of course, for arguments sake), if trading in a live environment.
So in the demo account this order is filled immediately on market open with price gapping to around £9, providing a defined profit. Surely this would not happen if trading live and the order would not be filled.....
Thanks for reading, any feed back would be gratefully received.