"Buy Stop Order" is a trade order to buy at the "Ask" price equal to or greater than the one specified in the order. When you order a position with this order type, the current price level needs to be lower than the value specified i...

"Buy Limit Order" is a trade request to buy at the Ask price that is equal to or less than that specified in the order. When you make use this order type, normally the current price level is higher than the value specified in the orde...

A market order is an instruction given to a brokerage company to buy or sell a financial instrument. Execution of this order results in the execution of a deal. Thus in general, "Market Order" refers to all types of orders that w...

To find out the difference between Netting and Hedging account types of MetaTrader trading platforms, please visit the page below. Difference between MT4/MT5 Hedging and Netting "Netting" and "Hedging". Which one is better? Amon...

For most of the trading platforms in the world, there are two main types of accounts available which are "Netting" and "Hedging" accounts. Hedging Account is very common nowadays. It is an account type where you can hedge position...

"Netting System" is a type of an account, that allows you to have only one common position for a symbol at the same time. The opposite type of the account is "Hedging System" where there is no limitation to the number of positions you...

Order An order is an instruction given to a broker to buy or sell a financial instrument. There are two main types of orders, which are “Market order” and “Pending order”. Market order is an order which will be executed at the c...

"Deviation" is commonly referred as "Slippage" in the financial market. "Slippage" occurs when there is no enough liquidity in the financial market to execute your order. For example, when the liquidity is thin, there may be no ava...

Copying(Subscribing) to the signals from MQL5 Community doesn't let you follow the Stop Loss and Take Profit levels of the signal provider's account. It is the default setting, and you can change the setting by checking the box of "Co...

The signals you are subscribing from MQL5 Community, can be managed directly from the MT5 trading platform. To do that, please go to "Tools" → "Options" → "Signals", after connecting(logging into) your MQL5 Community account on MT5 pl...