Forex Trading
Order Types

Order to immediately open a buy or sell position at the current market rate.

Order to close an open position at a predefined price.

Order to open a position at a future price. The order will go to market and the position will open if the predefined price is reached.

Orders that are a combination of two orders. When one order is triggered the other order will be cancelled automatically.
This section will help you become familiar with the various order types available on the ECNOptions MetaTrader platforms. Understanding their meaning and how to properly use them is a critical component of trading.