Here is how to maximize your profit with the Guaranteed Stop Loss of easyMarkets
easyMarkets offers you the ability to set up a Guaranteed Stop Loss for your orders. Do you know how it works?
Table of Contents
A giant in online trading that needs no introduction, easyMarkets offers traders an environment close to perfection, designed to allow both beginners and experts to trade at their best. A wide range of accounts, trading conditions that few can offer, tools and functions with cutting-edge technology, and excellent risk management solutions are just some of the features of a strictly regulated broker with very high safety standards.
Here are some of the key features of easyMarkets:
- Zero slippage.
- All transactions will be executed at the rate visible at the time of investment. Across all platforms available with the broker, the trader will never encounter issues arising from spread changes during volatility.
- Spreads minimized.
- As a broker aiming for maximum transparency, all spreads will never change during trading hours. This allows the trader to always know the costs before making any investment.
- Negative balance protection.
- An essential feature to reduce the risk of loss, Negative balance protection ensures that traders cannot lose more than what is deposited in their account.
- easyTrade.
- Innovative technology that allows the client to limit risks in high-performance trading without margin requirements.
- dealCancellation
- A truly revolutionary exclusive tool, dealCancellation allows traders to step back and cancel any trade within 1, 3, or 6 hours.
- Freeze Rate
- A tool that allows the trader to lock in the displayed price, providing a few seconds buffer to execute the trade.
- Vanilla Options
- An unparalleled tool for optimal risk management, Vanilla Options allows clients to set a predefined risk amount for hedging against volatility.
- Wide range of functions and tools for high-level trading.
- Real-time market analysis, monitoring of market trends and potential price swings, guided section for creating personalized strategies, Maximum support for traders of any experience level
- Free Guaranteed Stop Loss
- A standard and zero-cost feature that allows traders to set a potential closing price in case of unfavorable market conditions
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Free Guaranteed Stop Loss
First of all, what is a Stop Loss?
Considered by traders an indispensable feature for optimal risk management, the stop loss allows setting an automatic closing price to protect against potential sudden losses. Although it is very common and offered by most brokers, the stop loss is a feature that usually has a cost and can vary based on numerous factors. Unlike many, easyMarkets not only offers a completely free stop loss but also guarantees that any order will be executed at the set rate once reached.
In practice, the stop loss offered by the broker will be executed with extreme precision at the speed and level previously set. This ensures that operations will be closed instantly, the moment the market moves against. Undoubtedly a great solution to balance investments according to one’s risk propensity, in order to protect oneself from unexpected losses.
If, on the other hand, considering a non-guaranteed stop loss, slippage could cause unexpected losses and a sharp increase in risks in particularly volatile markets.
- Volatility: advantageous or not?
- The extreme volatility that characterizes the forex market is caused by numerous factors. Sudden price swings might favor both excellent investment opportunities and serious losses. Indeed, if unfortunately a trader opens a position that turns out opposite to market movements, they will inevitably pay the consequences. Any trader knows that no investment is totally safe, predicting the performance of an instrument does not guarantee any certainty of profit. To protect against these risks, setting a loss limit is essential. The main factors that significantly influence price swings in the forex market include the following:
- Major political events, such as events like Brexit or the US presidential elections.
- Economic indicators such as interest rates, inflation, and employment data.
- Political decisions or changes: OPEC decisions or changes in the monetary policy of an influential country.
- Unexpected financial crises or catastrophic natural events.
- Market sentiment.
- Static stop – Simple stop loss.
- Setting the stop loss at a static price is a simple procedure, supported by most traders. With this method, the price set on a position will remain unchanged until the trade executed meets the stop or limit price (i.e., the limit price decided by the trader).
- Stop loss for Day Trading and Swing Trading.
- Although there cannot be an exact price or “mathematical science” that allows the trader to set a stop loss, there are valid methods that might prove effective. For day traders, it is advisable to monitor the daily price range of the pair being invested in and set the stop loss beyond the range. In the event the market suddenly moves against, the position will be immediately closed automatically with the activation of the set stop loss order. Conversely, swing traders have the opportunity to set stop loss levels over longer times, even double the average daily price range. It’s important to remember that experience in the sector, knowledge of the markets, practice, and accurate analysis are essential for optimal setting of stop loss levels in an extremely volatile market like forex.
To make the best use of the stop loss feature, it is important to know that:
- When opening a position, the platform will automatically calculate the stop loss level to be set based on the invested amount.
- To modify the stop loss rate, the trader will need to access open operations and click on “modify”.
- On this page, change the stop loss levels and opt for the right take profit rate.
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easyMarkets Account
To take advantage of the innovative stop loss service offered by the broker, every trader must necessarily have a rigorously verified account. The broker provides traders with an excellent list of accounts, created with the aim of meeting diverse needs. Both beginner and expert traders can choose the solution best suited to their modus operandi and trade at their best, on a wide range of instruments available with excellent trading conditions.
The broker offers traders 4 different accounts, which vary both in distinctive features and the type of platform used:
- VIP Account (on easyMarkets, TradingView, and MT4 platforms).
- No matter the platform selected, essentially the VIP account has been created mainly for professional traders with high investment volumes, who require specific conditions and tools to structure strategies with accurate risk and cost management. Fixed spreads starting from 0.04 USD, zero commissions, fundamental analysis, zero slippage, and much more.
- Premium Account (on easyMarkets and TradingView platforms)
- An account with features compatible with any category of trader, the premium account allows both experienced and novice traders an excellent approach to the markets, with contained trading costs and risks. Usually chosen by novice traders, the account allows testing strategies without committing too much capital, but at the same time, offers numerous advantageous investment opportunities.
- MT5 Account
- An account with features for high-performance trading, the MT5 account offers traders of any category a professional trading approach. Although primarily designed for experts in the field, its features also make it a valid alternative for beginners eager to improve their level, investing small amounts but leveraging professional tools.
Open a real easyMarkets account
Features | easyMarkets VIP Account – TradingView | easyMarkets Premium Account – TradingView | VIP MT4 Account | MT5 Account |
---|---|---|---|---|
Minimum transaction size | 0.01 lot | 0.01 lot | 0.01 lot | 0.01 lot |
Spread | Fixed (varies based on the selected instrument) | Fixed (varies based on the selected instrument) | Fixed (varies based on the selected instrument) | Fixed (varies based on the selected instrument) |
EUR/USD starting from | 0.8 pip | 1.5 pip | 0.7 pip | 0.7 pip |
GBP/USD starting from | 1.4 pip | 1.9 pip | 1.3 pip | 0.9 pip |
USD/JPY starting from | 1.5 pip | 2.2 pip | 1.0 pip | 1.0 pip |
OIL/USD starting from | 0.04 pip | 0.05 pip | 0.03 pip | 0.011 pip |
XAU/USD starting from | 0.40 pip | 0.45 pip | 0.35 pip | 0.20 pip |
Minimum deposit | $10,000 | $25 | N/A | $25 |
Maximum leverage | 1:30 | 1:30 | 1:30 | 1:30 |
Commissions | Zero | Zero | Zero | Zero |
Account management fees | Zero | Zero | Zero | Zero |
Customer telephone support | Available | Available | Available | Available |
No slippage | Yes | Yes | Not available | Not available |
Guaranteed stop loss | Yes | Yes | Not available | Not available |
Negative balance protection | Active | Active | Active | Active |
Fundamental analysis | Yes | Yes | Yes | Yes |
Daily email: Trading Central technical analysis | Yes | Yes | Yes | Yes |
Trading Central Indicator | Not available | Not available | Available | Available |
Available currencies | Euro (EUR), Canadian dollar (CAD), Czech koruna (CZK), Japanese yen (JPY), New Zealand dollar (NZD), US dollar (USD), Singapore dollar (SGD), Swiss franc (CHF), British pound (GBP), Mexican peso (MXN), Australian dollar (AUD), Polish złoty (PLN), Turkish lira (TRY), Chinese yuan (CNY), Hong Kong dollar (HKD), Norwegian krone (NOK), Swedish krona (SEK), South African rand (ZAR) | Euro (EUR), Canadian dollar (CAD), Czech koruna (CZK), Japanese yen (JPY), New Zealand dollar (NZD), US dollar (USD), Singapore dollar (SGD), Swiss franc (CHF), British pound (GBP), Mexican peso (MXN), Australian dollar (AUD), Polish złoty (PLN), Turkish lira (TRY), Chinese yuan (CNY), Hong Kong dollar (HKD), Norwegian krone (NOK), Swedish krona (SEK), South African rand (ZAR) | Euro (EUR), Canadian dollar (CAD), Czech koruna (CZK), Japanese yen (JPY), New Zealand dollar (NZD), US dollar (USD), Singapore dollar (SGD), Swiss franc (CHF), British pound (GBP), Mexican peso (MXN), Australian dollar (AUD), Polish złoty (PLN), Turkish lira (TRY), Chinese yuan (CNY), Hong Kong dollar (HKD), Norwegian krone (NOK), Swedish krona (SEK), South African rand (ZAR) | Euro (EUR), Canadian dollar (CAD), Czech koruna (CZK), Japanese yen (JPY), New Zealand dollar (NZD), US dollar (USD), Singapore dollar (SGD), Swiss franc (CHF), British pound (GBP), Mexican peso (MXN), Australian dollar (AUD), Polish złoty (PLN), Turkish lira (TRY), Chinese yuan (CNY), Hong Kong dollar (HKD), Norwegian krone (NOK), Swedish krona (SEK), South African rand (ZAR) |
For “undecided” traders wishing to test the offered environment without having to commit funds, they can opt for opening a demo version of the selected account and start investing with virtual funds at zero risk.
Islamic faith traders may request the opening of a zero swap account. For more information, visit the official website and contact the support team.
It is important to note that the guaranteed stop loss is not available on all offered accounts. In case a trader wants to take advantage of it, despite the selected account not allowing it, they can contact their account manager to find a suitable solution.
Start using the guaranteed stop loss
How to open an easyMarkets account
As a strictly regulated international broker by multiple control bodies, easyMarkets allows traders from around the world to sign up with simplicity and high security standards. Regardless of the potential customer’s country of residence, the registration process does not change. The trader can access the registration screen and enter the required data in the appropriate forms. In a short time, the trader can select the most suitable account for their needs, verify the data provided, and start investing.
To sign up and open an account, just follow these very simple steps:
- First step.
- To begin, the trader must visit the official website and click on the “register” icon, visible at the top right of the page. On the new page, fill out the form by entering: first name, last name, email, password for the new account, and phone number. Read and accept the terms and conditions of use carefully. Click on “register”.
- Second step.
- Now the trader will need to provide all the requested data. This step of registration is divided into 4 modules:
- Personal profile: address, postal code, country of residence, city, date of birth, nationality, account currency, country of fiscal residence, tax code.
- Financial profile: expected annual turnover of the account, occupation, nature of the work activity, source of wealth, source of capital to invest, annual income, net worth, funding method to use,
- Trading profile: education, investment goals, trading knowledge and negotiation risks, nature of the investment and OTC experience, years of trading experience, frequency of trades, risk propensity.
- Knowledge test that will allow the broker to assess the client’s level, in order to offer a service suited to their needs. With questions such as: what factors can influence the spread on a market?, under what circumstances might your positions be closed? etc.
- Last step.
- Finally, to complete the registration, the trader will have to undergo verification to prove their real identity and country of residence. To proceed, they must send a clear front and back photo of a valid identification document (driver’s license, identity card, passport) and a recent utility bill (electricity, gas, internet etc.) containing the complete address in the account holder’s name.