Market Orders and Trades
What is a market order?
A market order is an instruction to buy or sell a CFD, in a specified size, at the best available market price for that size. It is important to note that a market order can be executed at a price different from quoted at the time it is placed. Once executed, a market order immediately becomes an open trade that can be watched in the ‘Opening trades’ tab. A market order can have Take Profit/Stop Loss Orders attached.
How long can I keep my trade open?
If you have enough money on your account, you can keep your trades open for as long as you want. Please note that for some long and large orders, a commission (swap) is possible.
What should I know about margin trading?
Trading on margin means to trade securities using funds borrowed from a broker. To trade on margin, you have to open a margin account and deposit a certain amount of money, which will literally serve as a collateral for a loan. Margin trading offers you an exposure to bigger trades and profits, but involves greater risks as well.
What is margin call?
A margin call is sent when the ratio between your equity and your required margin fails to meet our requirements. A margin call is a key risk management tool preventing your losses from piling up. If your capital falls below a critical margin level, you will be notified of the need to add funds to the balance sheet to avoid closing all orders and losing funds invested in the asse
