Stop Orders

Stop Order is a pending Buy or Sell order that is executed automatically when the price reaches the value specified when placing a position. A Sell Stop is placed below the current market price, while a Buy Stop is above the current market price. It means that the bid price is always worse than the current one in Stop orders. Additionally, when the market is highly volatile, Stop Orders may be executed at a price different from the initially set value.

Stop Loss and Take Profit parameters can be set for Stop Orders.

Pending Buy Stop Order