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XM

January 10, 2018

How to use Take Profit/Stop Loss orders? How do they work?

Stop Loss is an order that limits losses if the price goes in an unprofitable direction. It automatically closes the position when the price reaches a certain price level. To protect the deposit from negative market fluctuations and ...

December 21, 2017

How to place Stop Loss & Take Profit orders on MT4 platform?

In the order window you can manually choose stop loss and/or take profit levels. If you want to use the current price you can click the Copy As buttons to fill out these fields. You can then change the prices to the stop loss and take...

FXTM

December 11, 2017

How can I place/change a Stop Loss/Take Profit order?

Standard Account: You can set your Stop Loss/Take Profit in the new order window. ECN Account: You can set the Stop Loss/Take Profit after placing a new order by double clicking on the order or with a right click. Amend it by selectin...

FBS

September 20, 2017

What does Stop Level mean on MT4 trading platform?

"Stop Level" is the minimum parameter where traders can set pending orders like "Take Profit" and "Stop Loss" from. In case, the Stop Level is 1 pip, then traders cannot set any types of pending orders closer than 1 pip to the current...

FBS

September 20, 2017

What is the Stop Level on FBS MT4 and MT5 trading platform?

On September 2017, FBS has gotten rid of all Stop Levels on both MT4 and MT5 trading platforms. Thus, there is no "Stop Levels" for almost all currencies(Forex Pairs and Precious Metals). For the latest data(and conditions), you ca...

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