Types of pending orders. Order Limit (Buy Limit, Sell Limit, Take Profit) — Order type assigned to a Pending Order if such a Pending Order is placed for sale at a price (rate) higher than the current market level or for purchase at a price (rate) ) below the current market level. • Stop Orders (Buy Stop, Sell Stop, Stop Loss) — Order type assigned to the Client's Pending Order if such Pending Order is placed for sale at prices (rate) below the current market level or for purchase at prices (rate) above the current one market level.
Types of pending orders. Buy Stop" implies opening a buy position at a higher price than the actual price at the moment of the order placement; "Sell Stop" implies opening a sell position at a lower price than the actual price at the moment of the order placement; "Buy Limit" implies opening a buy position at a lower price than the actual price at the moment of the order placement; "Sell Limit" implies opening a sell position at a higher price than the actual price at the moment of the order placement. "Stop Loss" implies closing an earlier opened position at a price which is less profitable for the Client compared to the price at the moment of the order placement; "Take Profit" implies closing an earlier opened position at a price which is more profitable for the Client compared to the price at the moment of the order placement.
