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January 29, 2018
Why did my trade open/close automatically on MT4?
XM offers traders the ability to place pending orders (also known as entry orders) which will initiate an open position at a price above or below the current market price. "Stop-loss" Orders and "Take-Profit" or limit orders, can also...
January 17, 2018
How to set pending orders, limits and trailing stops on my order on MT4 platform?
To place a pending order, in the Order window, select Pending Order from the Type drop down menu. Then select the type of Pending Order from the new Type drop down list that appears. Enter the price at which you want the order to...
January 16, 2018
Are trades and pending orders guaranteed on MT4 platform?
Nothing is guaranteed in the financial markets due to the varying levels of price volatility on a daily basis. All positions are filled on the basis of market execution. Market execution means all trades will be executed at the best a...
January 16, 2018
What are pending orders(stop and limit)? How do they work?
Limit and Stop Orders are known as pending orders and unlike market orders are triggered only when the market reaches a price you have set. Limit Orders Limit Orders are used to enter the market at a price advantage. For exampl...
December 30, 2017
How can I place a pending order in NetTradeX?
There are several ways to set a pending order: Select "Trade" from the main menu and click on "Set order". Right-click on the line of the financial instrument in the "Market watch" window and choose "Set order" option from the co...
December 11, 2017
How can I place/change a Stop Loss/Take Profit order?
Standard Account: You can set your Stop Loss/Take Profit in the new order window. ECN Account: You can set the Stop Loss/Take Profit after placing a new order by double clicking on the order or with a right click. Amend it by selectin...
December 5, 2017
What is the difference between Stop Levels and Stop Out Levels on MT4?
Stop out level is where all positions will be liquidated(closed) due to low margin % of your account. FXTM sets the Margin call to 80% and Stop Out level to 50% for all account types. Limit/Stop level is the minimum parameter where...
November 29, 2017
Why wasn’t my Take Profit not triggered, while the chart reached the price I had set?
Please note that Sell positions are closed with the Ask (Buy) price. The price the chart is showing is the Bid (Sell) price, which is lower than the Ask price. You need to add the spread to the price that you see in the chart in orde...
September 20, 2017
What does Stop Level mean on MT4 trading platform?
"Stop Level" is the minimum parameter where traders can set pending orders like "Take Profit" and "Stop Loss" from. In case, the Stop Level is 1 pip, then traders cannot set any types of pending orders closer than 1 pip to the current...
September 20, 2017
What is the Stop Level on FBS MT4 and MT5 trading platform?
On September 2017, FBS has gotten rid of all Stop Levels on both MT4 and MT5 trading platforms. Thus, there is no "Stop Levels" for almost all currencies(Forex Pairs and Precious Metals). For the latest data(and conditions), you ca...
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