HOW TO PLACE A FOREX ORDER？

Source: DailyFX 2020-05-22

Forex orders are relatively simple to place, subject to the broker. The following guidelines should be comparable throughout all major platforms:

1. Open a deal ticket and select the “Order” tab.

2. Choose the direction of the trade (Buy or Sell).

3. Specify the price level which will consequently determine the type of order depending on whether the level is above/below the current market price.

4. Place stops or limits.

5. Submit order.

It’s important to remember that you should familiarize yourself with the platform you are working with before undertaking any form of trading activity. This can help minimize any impractical errors when executing or managing a trade.

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HOW TO PLACE A FOREX ORDER？

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