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Order Types

Limit orders

By right-clicking on the Sell or the Buy in the "Dealing Rates", "Dealing Rates Table" or "Instruments" windows you are able to place a limit order.
Select "entry limit" then enter your trade amount and adjust the rate until it suits you and press Ok. You now have a limit order.

You can also place a limit order on an existing trade through the "Open Positions” window; simply left-click on the appropriate cell relating to the existing trade, amend the rate in the pop-up window and your order will appear.

Stop orders

By right-clicking on the Sell or the Buy in the "Dealing Rates", "Dealing Rates Table" or "Instruments" windows you are able to place a stop order.
Select "entry stop" then enter your trade amount and adjust the rate until it suits you and press Ok. You now have a stop order.You can also place a stop order on an existing trade through the "Open Positions” window; simply left-click on the appropriate cell relating to the existing trade, amend the rate in the pop-up window and your order will appear.

Trailing stop orders

A trailing stop is an active stop loss that keeps a set distance away from the current market price and updates according to the market. This is best used in a moving market that is going in the direction the trader wants and the trader wishes to guarantee the profits made. You can place a trailing stop order on an existing trade through the "Open Positions” window, or on an I/D order through the "Orders” window. The trailing stop is entered by first entering a regular entry stop order, simply clicking on the trailing stop option and then selecting the number of pips the trailing stop should follow from either the market high or low.

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