Can I set pending orders in the FXOpen trading platform?
Yes you can. The FXOpen MT4 software accepts the following pending order types. • Limit orders: A BUY Limit Order may be set when the current market price is 10 pips or more above the current market quote. The order is executed when the ASK price falls to the level set in the BUY Limit Order. Conversely, A SELL Limit Order may be set when the current market price is 10 pips or more below the current market quote. The order is executed when the BID price rises to the level set in the SELL Limit Order. • Stop Orders: A Buy Stop Order may be set when the current market price is 10 pips or more below the current market quote. The order is executed when the ASK price rises to the level set in the BUY Stop Order. Conversely, A SELL Stop Order may be set when the current market price is 10 pips or more above the current market quote. The order is executed when the BID price drops to the level set in the SELL Stop Order. • Stop Loss Orders: A Stop Loss order is an important feature which can b
