A Stop Loss Order is an order to close a losing trade automatically at a certain price in order to limit its loss. This type of order is one of the main risk management tools you can benefit from as a trader especially if you are not ...

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 ...

For example, you have opened a Sell position and set a Take Profit order. Please note, that as we sell a trading instrument, we open a Sell position at a Bid price (charts in the trading terminals are built according to the Bid price...

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...

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...

Please note that Sell positions are closed with the Ask (Buy) price. The price the chart is showing is the Bid (Sell) price, which is lower than the Ask price. You need to add the spread to the price that you see in the chart in orde...

Please be aware that when Take Profit is set on a long position, it's placed above the prevailing market price. As a result, if you place a Take Profit order after you open a position when it is already making a loss, the take profit...

Use Order Types to manage risks List of Orders Types and How they work Market Order Limit Order Limit Entry Order Stop Order Stop Entry Order Stop Limit Order Stop Loss Order Trailing Stop Good For the Day Once Cancels the O...

In the open order screen, you can switch between market and pending order. To open a standard order(not pending order), please select market order tab. In the "Trade Size" box, choose the size of a position and you will see requir...

At "Open order" window, you can switch between market and pending order. This time, choose the "Pending order" tab. "Open Price" is where you need to set the price level where order will be activated. The changing price below t...