Where can I find the Order module?
To trade using the Order module, launch it by clicking "Order" on the left-side toolbar or selecting 'Trading' → 'Order' from the top toolbar. By default, the module window will appear on the right side of the screen.
Trading → Order
To start using the module, select the desired instrument in the Instruments module and drag it into the Order module. You're now ready to begin trading.
Order module
Alternatively, you can open the module by right-clicking on the selected instrument and selecting Order in the context menu.
Choose among the various Order types.
How to create a Take Profit (TP) or Stop Loss (SL) order?
To create a TP/SL order:
Enter the quantity of assets you want to buy or sell
Specify the type of your order you want to place. You can choose a specific:
Price — the desired price at which to close the position and Take Profit
Price change in absolute values — the desired point distance from the current market price
Pips — indicate the distance in price steps (price step or minimum trade points) from the current market price. You can see the value of the pip (Price step) by examining the Instrument info.
Note! If you choose pips, please ensure you enter integers.
When placing TP and SL orders, keep the following tips in mind:
Both Limit and Market TP/SL orders appear directly in square brackets in the Orders module.
A Limit TP/SL order has a “Pending” status, while an entry order has a “Working” status.
A Market TP/SL order has “Working” status because the entry order is executed immediately at market price.
Select the duration of the current order for any order type. You can choose from a range of options.
To complete the order creation process, click "Sell" or "Buy." Your order will then appear in the Orders module. After entering the quantity of assets you want to buy or sell, specify the type of order. You can choose a specific price and the desired price change in absolute values or in pips. If you choose pips, please ensure you enter integers. When you select the desired quantity, the Margin Delta is calculated. To view this value, hover over the "Join Bid" or "Join Offer" buttons.
The Margin Delta price represents the nominal distance (in currency terms) between the limit price of your order and the price of your specified TP/SL position.
What does the estimated margin represent in the Order module?
The estimated margin of an order represents the estimation of the overall portfolio margin for the account after placing the order. The estimation factors in:
Margin of all open positions;
Margin of all active orders including commissions;
Margin required for a new order including commissions.
If the estimated margin goes over margin limits, you will be unable to place the order.
Which types of orders can I choose during Pre-market and After-market hours?
When the market is closed, you can ONLY set Limit orders. Any other Order type will be pending until the market opens.
If you set a Limit order when the market is closed → the order will be pending.
If you set a Limit order on pre/after market → it will be working.
If you set a Market or Stop order when the market is closed → it will be canceled.
If you set a Market or Stop order on pre/after market → the order will be pending until the market opens.