An Entry Order is an order you place on opening a certain position. Entry Pending Orders will allow you to enter a position at a previously set price from you. Once the traded instrument reaches your entry price the order will be executed and the position will open.
We offer two types of Entry Pending Orders on our platform: Limit Entry and Stop Entry. You can also create an Entry Pending Order using OCO (One Cancels the other One).
Limit and Stop 'Buy' Orders
To set a Stop 'Buy' order you need to:
- Tap on Buy and select the Limit/Stop order;
- Set the Quantity of units;
- Select a Price above the current one.
(To set a Limit 'Buy' Order you need to do the same steps and set a price below the current one.)
Limit and Stop 'Sell' Orders
To set a Limit 'Sell' order you need to:
- Tap Sell and select the Limit/Stop order;
- Set the Quantity of units;
- Select a Price above the current one.
(To set a Stop 'Sell' Order you need to do the same steps and set a price below the current one.)
*Note: The execution of Pending Orders is not always guaranteed.* 👈