This website uses cookies
We use cookies to target and personalize content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them and that they've collected from your use of their services. You consent to our cookies if you continue to use this website. Learn more
RoboForex
- Trading
- Copy trading
- Promotions
- Tools
- Partners
- About us
How does the stop order work?
A Stop order is a trigger, and when it is reached, a corresponding order Market or Limit is generated by the platform.
There are two types of Stop orders:
- Stop Loss, Buy Stop, Sell Stop. When the asset price reaches the level specified in these order types, the system generates a Market order to buy or sell (Buy Stop, Sell Stop) or close the order to limit losses (Stop Loss).
- Stop-Limit. An order that combines features of Stop and Limit orders. When the asset price reaches the level specified in this order type, the system generates a Limit order at the price set by a trader when opening it.