eMetaTrader

Pending orders are the client’s commitment to the brokerage company to buy or sell a security at a pre-defined price in the future. This type of orders is used for the opening of a trade position provided the future price quotes reach the pre-defined level. There are usually four types of pending orders available in [...]

How do stop orders work in MetaTrader? Buy stop, Sell stop and Stop loss orders do NOT guarantee an order will be filled at a certain price.  Your specified price is known as the stop price.  Once the stop price is met or exceeded, the order becomes a market order.  Market orders instruct the broker [...]