"The bid/offer price entered does not overlap the current bid/offer price" message

[Guest andreif]

What can be the reason of such message?

[wilsoncg 1]

Yes, you’re right.

Let me provide an example to help explain:

The current bid/offer price is 100/110. We’d accept requests at 99/109 to 109/119, but refuse 111/121 to 89/99.

However, we’re moving away from this model to a price tolerance model (where the client can set an acceptable price tolerance distance in pips).

[wilsoncg 1]

The price you’ve supplied in the trade/order request is too far away from the current, latest bid/offer price.

[Guest andreif]

The price you’ve supplied in the trade/order request is too far away from the current, latest bid/offer price.

How far is “too far”? Latest bid/offer = last value of price tick, am I right?