Choose the right type of order with FX-Nova
Learn how different orders can help your trading
Market and limit orders
- Market order:
Executed at the current market price and is suitable for quick buying or selling. It is convenient when speed of execution is important.
- Limit order:
Executed only at a specified price or better, allowing you to control the buy or sell price. Limit orders are particularly useful for entering the market at specified parameters and minimizing costs.
Stop orders
- Trailing stop:
Moves with the price of the asset to protect profits when the price rises and minimize losses when it falls. Useful for automatic stop loss adjustment.
- Take profit:
Include additional settings such as All-or-Nothing or Remove After orders to help optimize trade execution.
Trailing stop and other orders
- Other orders:
Executed at the current market price and is suitable for quick buying or selling. It is convenient when speed of execution is important.
- Other orders:
Executed only at a specified price or better, allowing you to control the buy or sell price. Limit orders are particularly useful for entering the market at specified parameters and minimizing costs.
The most favorable exchange rates are always on the stock exchange
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