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FAQs

What is the difference between Buy Stop and Buy Limit and Sell Stop and Sell Limit?

All four are types of pending orders or, in other words, orders to open a new trade when the price reaches a predefined level. Buy Stop and Buy Limit will be triggered when the Ask price reaches the specified level and Sell Stop and Sell limit will be filled at the Bid price. Buy Stop – … Continued

Can I place/modify/close trades over the phone?

Our Support Team is ready to assist you within market hours and in case of emergency, when you have no other option to close your open trades. Please note that we can only execute phone orders to close open positions. Unfortunately we cannot accept phone orders to open new positions or place contingency (stops, limits, MIT, OCO, etc). … Continued

How close to the current market price can I place pending orders?

Pending orders can be placed as close as 0.1 pip from the market price.

Will the Trailing Stop be triggered if I switch off my computer?

If you are using MT4 or WebTrader, the Trailing Stop is only saved on your terminal and will not be executed if you are not logged into your platform or your computer is switched off. JForex desktop platform offers server-side Trailing stop, which means that it will be triggered even if your computer is off.