Video: Understanding Market, Stop and Limit Orders in Forex
Investing in assets such as stocks, bonds, cryptocurrencies, futures, options, and CFDs involves considerable risks. CFDs are especially risky with 74-89% of retail accounts losing money due to high leverage and complexity. Cryptocurrencies and options exhibit extreme volatility, while futures can also lead to significant losses. Even stocks and bonds can depreciate quickly during market downturns, and total loss can ensure if the issuing company fails. Furthermore, the stability of your broker matters; in case of bankruptcy, the presence of an effective investor compensation scheme is crucial for protecting your assets. It's vital to align these investments with your financial goals and if needed, consult with financial professionals to navigate complex financial markets.
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Last updated: 13/11/2020
There are different order types available on the MetaTrader 4 trading platform. These orders enable traders to buy or sell an asset instantly at market price, or to place pending orders.
With pending orders traders don't need to constantly monitor the price action, waiting for the price to reach the desired level. Instead, if a trader wants to buy or sell an asset at a fixed price, they can place a pending buy or pending sell order.
Discover in this video the different types of market and pending orders available on the MT4 trading platform and how to master the use of the most common order types available to traders.
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