Trading Orders
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SELL STOP ORDER
It is a pending order to sell lower than the current market price. Condition (FX/Â Indices): the most recent Bid price is higher or equal to the predefined order price. The requested order price is guaranteed. The executed price is better or equal to the predefined price.
SELL LIMIT ORDER
It is a pending order to sell higher than the most recent market price. Condition: the most recent Bid price is higher or equal to the predefined price. The requested order price is guaranteed. The execution price is better or equal to the predefined price.
BUY STOP ORDER
It is a pending order to buy above the recent market price. Condition (FX/Â Indices: recent ASK price is higher or equal to the defined order price. Condition (Stocks): last price is greater or equal to the predefined order price. The requested order price not guaranteed.
TAKE PROFIT ORDER
It is a limit order to close a position automatically. Condition: the recent Bid (for BUYING orders) or the recent Ask (for SELLING orders) prices reach the
TP level. The requested order price is guaranteed.
The execution price is equal or even better than
defined in TP.
MARKET ORDER
Stock buy/sell order at a current price level. It is the best execution price given by the broker, taken from the market. The Requested Order price is not guaranteed.
STOP LOSS ORDER
It stops an order to close a position. Condition: the last price equals to Stop Loss price level. The requested order price is not guaranteed.
STOP OUT ORDER
It stops an order to close a position. Condition: Margins less or equal to Stop Out level.
TRAILING STOP ORDER
It adjusts the Stop Loss predefined value according to how the market is moving in a predefined difference.
