Order execution

What is a guaranteed stop-loss order?

A guaranteed stop-loss order (GSLO) is a type of risk-management tool that works in the same way as a regular stop-loss, except that, for a premium charge, it guarantees to close you out of a trade at the price you specify, regardless of market volatility or gapping. The premium is refunded if the GSLO is not triggered.

How do I set up a guaranteed stop-loss order?

You can set up a GSLO when placing a trade on an order ticket, where you will be charged a premium. See how risk management is a key part of any trader’s strategy.

Why are you charged a premium if your guaranteed stop is triggered?

Guaranteed stop-losses will always be filled at the level you specified, even in periods of market gapping or slippage. A fee is triggered if the price hits your GSLO level, ensuring that your position closes out to minimize the risk of loss. If the GSLO is not triggered, the premium is refunded. You can test your risk-management strategy on a demo account.

What is a stop-loss order?

A stop-loss order is a regular market order that can help to manage your risk by closing a trade at a pre-determined price. This risk-management tool can help to minimize any losses on a trade. Besides a classic stop-loss order, trailing stop-loss orders and guaranteed stop-loss orders are also available to use.

What is a trailing stop-loss?

A trailing stop-loss order is similar to a standard stop-loss order, but it moves with a positive trend direction, remaining at the distance specified when the order was placed, while staying static during negative trend movements. A trailing stop-loss can help a trader follow the classic mantra of ‘cut your losses and let your profit run’.

How do guaranteed stop-loss orders differ from regular stop-loss orders?

A GSLO works in the same as a standard stop-loss order, except that for a fee, it guarantees to exit a trade at the exact price you want, regardless of market volatility or gapping. When market conditions are highly volatile, market gapping (or slippage) can occur, which can result in a regular stop-loss order being triggered at a different price to the one you’ve set. Using a GSLO in volatile markets which could experience sudden and potentially large price fluctuations offers greater protection than other types of stop-loss orders.

What is one-click trading?

Our one-click trading tool simplifies the trading process, and enables trades to be executed at a faster pace. With one-click trading, you can also pre-set stop-loss and take-profit orders, which will then be applied to the ticket, and place pending orders. One-click trading can be particularly useful in volatile markets.

What are the benefits of one-click trading?

One-click trading allows you to place trades immediately, so you don’t miss out if market prices move suddenly in the wrong direction. You can set predetermined execution types, stop-loss and take-profit orders, and you can trade on multiple instruments at once.

How do I add stop-loss orders to my trades?

From the ‘Order Settings’ panel, you can select to automatically apply default stop-loss and take-profit orders to any trades placed through one-click trading, and set the default distances and expiry behaviour.

Can you cancel trades made through one-click trading?

Once you’ve filled out your buy or sell order ticket and placed the trade using one-click trading, it can’t be reversed or cancelled. However, once the position is open, you can close the position.

How do I enable one-click trading on MT4?

To enable one-click trading on the MT4 Platform, you’ll need to navigate the menu at the top of the window and select ‘Options’. Find the ‘Trade’ tab and make sure that the ‘One-Click Trading’ box is ticked. You will then need to agree to the terms and conditions.

What is ladder trading?

Ladder trading uses built-in technology that makes it possible to execute larger trade sizes in a single transaction without having to place multiple trades. Our platform uses price laddering to offer you more price levels to execute your trade at in order to reach your desired position amount.

What is a limit order?

Limit orders are a type of execution tool that triggers a buy or sell trade at a specified price that is above or below the current market price. This is often within a set time period. There are two main types of limit order: buy and sell limit orders, which execute trades at different prices.

What is a market order?

A market order is a buy or sell order for a financial asset at its prevailing price. It’s well suited to high-volume trades in particular, as it’s considered to be the fastest type of order. A trader will usually place a market order if they are happy to pay the immediate bid or ask price.

Can you add a stop-loss order to market orders?

You can add stop-loss orders to market orders, including regular, trailing and guaranteed stop-losses. Learn about the different types of stop-loss orders that you can use to help limit any potential losses.

Are market orders better than limit orders?

Market orders are more effective for immediate trades, whereas limit orders can be more effective at protecting your capital and only placing a buy or sell order at your specified price. Read more about limit orders.

How do I get notifications for market orders?

You can register for notifications on your mobile, tablet and desktop devices for when market orders and other execution types are triggered in your account.

Can I place market orders before the market opens?

No, you can’t place market orders when the market (or instrument that you want to trade) is closed (apart from shares). You can, however, place a limit order and a stop-entry order during this time.

You can trade CFDs commission-free on over 80 US shares in the pre-market session from 4 AM EST right through to the close of the post-market session at 8 PM EST Monday to Thursday, and from 4 AM to 5 PM EST on Friday.

What are trade order?

A trade order is a type of order that is placed to open a trade, involving the buying or selling of an instrument at a certain price.

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