Pending order

Read: 55606 2020-10-22 17:07:59


An order placed by the trader to the broker and executed when the market quotation reaches the preset price.


There are 4 ways of pending orders


1. Buy Limt  

Preset a price lower than the current price for pending buy. 

When the bid price reaches the preset price, the order will be executed.


2. Sell Limit 

Preset a price higher than the current price for pending sell.

When the ask price reaches the preset price, the order will be executed.


3. Buy stop

Preset a price lower than the current price for pending buy. 

When the bid price reaches the preset price, the order will be executed.


4. Sell Stop

Preset a price lower than the current price for pending sell.

When the ask price reaches the preset price, the order will be executed.


How to open a pending order?


Click position--click order button

Click pending,  choose  your trading products, choose Sell or Buy, fill in pending order and trading volume, finally click Place to confirm.


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6 Reasons To Open An Account

Multilingual 24x7 Professional Online Support

Ultra fast, convenient fund withdrawal process

Unlimited virtual funds for demo account

Recognized by all over the globe

Real time Quotation Notification

Professional Market Analysis