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October 23, 2017
List of Order Types and How they work on Forex trading platforms
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...
October 19, 2017
How can I place an order(open a position) on SimpleFX trading platform?
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...
October 19, 2017
How to place pending orders on SimpleFX online trading platform?
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...
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...
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...
August 10, 2016
How to place or modify pending orders on FXPro cTrader platform?
How to modify/cancel pending orders (Stop/Limit) on cTrader trading platform of FXPro?
August 10, 2016
How to place pending orders (Stop/Limit) on cTrader trading platform?
You can place a pending order via the ‘Create Order’ window. On the ‘Create Order’ box, select ‘Limit Order’ or ‘Stop Order’ and choose your symbol, limit price, volume and expiry date and time, set stop-loss and take-profit level...
July 29, 2016
How to place Pending Order (SL/TP and Trailing Stops) on MT4 and MT5?
A pending order is an instruction to open a position when an instrument reaches a certain price pre-defined by you. You can place a pending order via the main ‘Order’ window. Proceeding with any of the below options will open up th...
June 27, 2016
Why my pending order is cancelled on MT4? I didn't mean to cancel it.
With FBS, your pending order will be deleted from the system if free margin (Equity – Used Margin) is not enough to cover the margin required for opening the specific order. So in case you have set some pending orders, then depending ...
June 22, 2016
What does 'Invalid S/L or T/P' error message mean on MT4/MT5 platforms?
The “Invalid S/L or T/P” error message appears if the stop loss or take profit you’re trying to place is not within the correct parameters of the limit and stop levels for that particular instrument. Most of the cases, you just need t...
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