Order Types
Brief
This section describes all the order types supported by the FX Trading Station.
Details
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A Market order is an order to buy or sell at a current market price. |
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An Entry order is an order to buy or sell when the market price reaches the price specified in the order. |
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A Range Entry order (generally known as a Stop-Limit order) is an order to buy or sell at a specified limit price or better when the given stop price is reached by the market price. |
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Stop/limit (net) order is an order to close all positions for a symbol when the market price reaches the price specified in the order. |
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OCO order is an order that contains two or more entry orders linked together. When the market price reaches the price of one of the orders, it is executed while the other orders are automatically cancelled. |
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Stop/Limit Order is an order to close a position of a symbol, when the market price reaches the price specified in the order. Stop/limit orders can be added to a market order, to an entry order, and to a symbol. |
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Trailing orders are a group of orders whose price automatically changes as the market price moves. |