Cookies help us deliver our services. By using our services, you agree to our use of cookies.
Learn more Got it
Dakar 2017
Roboforex is an official sponsor
of "Starikovich-Heskes Team"
at the Dakar 2017
Home / About Us / FAQ / How does the stop order work?
Ask a question
Did not find the information you need? Ask your questions and get answers online!
Enter chat
Or enter your phone number in the form below and we will call you right away.
Call back




How does the stop order work?

Stop Loss
This order is intended to minimize financial losses in the event of adverse exchange rate fluctuations in the market. If the market price reaches a level specified in the stop order, the position is automatically opened or closed. Such an order is always connected to an opened position or a pending order. To execute the order, the bid price (for long positions) or the ask price (for short positions) is used.
 
Take Profit
This order is intended to take profit, if the price reaches the forecast level. If the price in the market reaches the take profit level, the transaction is closed with a profit. Such an order is always connected to an opened position or a pending order. To execute the order, the bid price (for long positions) or the ask price (for short positions) is used.