Common Order Type

An instruction execution of the trade order is Broker's Firm. To perform a transaction can be prepared and issued orders, and monitoring and management of open positions. For these purposes, can be used in several place an order type. There are several types of orders:

A market order

A market order is the Broker's Firm to price to buy or sell financial products orders. The execution of this order the Broker's Firm established trading positions, is to buy the seller outcry (selling price) transactions, selling is the bid (bid) transactions. A market order contains the stop loss and profit orders.

Pending orders

Bulletin transaction is Broker's Firm in the future at a fixed price to buy or sell a financial varieties orders. Equal to the set of the price level in the future price, this order type is used to establish a trading position. Bulletin transaction includes four types:

Buy limit

In the future the seller "bid" (selling price) is equal to a specified level of buying. And the current market price is higher than the level of bulletin transaction set price; Place the order when when the seller 's selling price equals to the specified price. And the current market price is higher than the set price of pending orders.

Buy stop

In the future the seller "bid" (selling price) is equal to a specified level of buying. And the current market price level is lower than the bulletin transaction set price;Buy the products when the seller 's selling price equals to the specified price, And the current market price is lower than the set price of pending orders.

Sell limit order

In the future the buyer "bid" (bid) equal to sell the specified level. And the current market price level is lower than the bulletin transaction set price;

Sell stop

In the future the buyer "bid" (bid) equal to sell the specified level. And the current market price is higher than the level of bulletin transaction set price. Bulletin transaction contains the stop loss and profit orders. In the bulletin transaction starts, it stops and profit will be automatically added.

Stop

The stop loss order used to minimize losses began to run in the direction of non profitable financial products price. If the price reaches a set price line, will automatically shut down. This order is often and opening and pending orders with. After setting the stop loss order, Broker's Firm order execution. Moreover, display the marker order price level will be in the chart window; automatically stop to see a stop trading.

Profit

Profit is in order to achieve the desired level of order after in the financial variety price profits. The order and market order and can be handed over to the Broker's Firm executive Guadan together. The same kind of orders can also be modified or deleted. If so, you in addition to fill in the profit column outside, other operations and the stop loss order as.

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There is a high level of risk involved when trading leveraged products such as Forex/CFDs. You should not risk more than you can afford to lose, it is possible that you may lose more than your entire investment. You should not trade or invest unless you fully understand the true extent of your exposure to the risk of loss. When trading or investing, you must always take into consideration the level of your experience.