Chat

Types of Orders




Types Of Orders



forex-introduction-banner





Market Orders

Executed immediately based on 'bid' or 'ask'

BID is the price a buyer is willing to pay for an asset

ASK is the price a seller is willing to accept for an asset

Spread is the difference between the lowest ask price and

forex-introduction-banner
Market Execution



Limit Order

An order to buy or sell at a target price or better

1- Buying at a price lower than the market price

forex-introduction-banner
Buy Limit
 

2- Selling higher than market price

forex-introduction-banner
Sell Limit



Stop Market Order

Triggered at specified price, executed at market and used as an entry stop

1- Buying at higher than the current price

forex-introduction-banner
Buy Stop
 

2- Stop loss on a buy position

forex-introduction-banner
Sell Stop



Hedge

1- Taking a counter position

2- Does not require additional margin

3- Taking the opposite side of a position

4- Locking profits
forex-introduction-banner
 
RISK WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Whilst leverage enables traders to magnify their profits on successful trades, it is possible to sustain significant losses,around 78% of retail investor accounts lose money when trading CFDs.