Forex Order Types
Understand how to make money and manage your risk exposure through Market Orders, Take-Profit Orders and Stop Loss orders.
What is a Market Order?
With a market order, you instruct a broker to execute a trade as soon as possible at the prevailing market price.
What is a Limit Order?
With a limit order, you set the maximum purchase price or the minimum sale price at which a trade is to be executed.
What is a Stop Order?
You can think of a stop order as the reverse of a limit order. A stop order allows selling below the current market price or buying above the current market price if the stop price is reached or breached.
What is a Trailing Stop Order?
A trailing stop order is a variation on a stop order: the stop price moves according to parameters you set instead of staying fixed.
Trade CFDs on Forex, crypto-currencies, stocks, indices, ETFs and commodities on low spreads with ... MoreTrade CFDs on Forex, crypto-currencies, stocks, indices, ETFs and commodities on low spreads with leverage up to 1:500. Equiti allows all trading styles on MT5. Get ECN execution with Tier 1 liquidity.
Trade over 60 pairs of currencies as well as CFDs on crypto-currencies, shares, indices and ... MoreTrade over 60 pairs of currencies as well as CFDs on crypto-currencies, shares, indices and commodities from 0 pips plus commission, over MT4/5 or cTrader. Get ultra-fast execution speeds under 40 milliseconds, with this ECN account.
Razor Account [cTrader, TradingView]
Trade Forex on raw spreads, sourced directly from Pepperstone's liquidity providers, plus a ... MoreTrade Forex on raw spreads, sourced directly from Pepperstone's liquidity providers, plus a commission. Trade CFDs on crypto, stocks, indices, ETFs, commodities, energy and metals on low spreads. Pepperstone allows all trading strategies on cTrader. This account is popular with scalpers.
- $200 deposit
- 1:30 leverage
- 0.17 pips EUR/USD
- Regulators: Australia, Bahamas, Cyprus (EU) , Germany, Kenya, UAE , UK