Basic Orders
Understand currency pairs, spreads, pips, lots and the basic mechanics of trading.
Basic Orders
A market order seeks execution at the available price. Limit orders specify a price or better, but execution is not guaranteed. Stop orders activate after a trigger and can fill away from the trigger during gaps. Available policies depend on the platform and symbol.
Example
A buy limit below current price waits for a lower offer. A buy stop above current price waits for an upward trigger.
All educational content is provided for general information and educational purposes only. It does not constitute investment advice, financial advice or a recommendation to buy or sell any financial instrument. Trading leveraged products involves significant risk and may result in the loss of invested capital.