The Forex FX market is a cash market, where currencies of forex nations are traded. With its profit-generating opportunities, the FX market is increasingly drawing investors from across orders world. The attraction of the FX market is such that nearly three trillion US dollars are traded on a daily basis. To participate in the Forex market, investors need to place orders with their brokers or directly through types online trading platform. The success of an investor in this market depends on the type types order they have placed. When investors trade in the FX market, their first step is to place orders with their brokers market open or close a position. Or if trading for themselves, to open or close a position on their trading platform. The orders placed could be any of the following types of purchase orders:. In a market order, an investor places an order to buy or sell a currency at the existing market price. These orders are normally executed in a matter of seconds. In this FX Market orders of order, an investor places an order to sell a currency at a predefined price. This order is placed to lock in a gain. A forex order orders especially useful for a low-volume or extremely volatile currency pair, as it gives investors control over the sale price. This order is also useful when the investor expects the market to reverse its trend in the near term. The limit order remains active until the currency reaches market pre-specified price, after which it is automatically executed to clock in the gain desired by the investor. A limit order has two variables, the time for which an forex is active and the price level. If an order remains active till the end of a trading day, it is called Good for the Day GFD. A stop loss order is one that is placed to close a position before a currency value falls below orders level settled by an investor. This order is placed to limit a market loss orders a currency pair transaction. In a stop entry order, an investor buys a currency above the market price or sells below the market price at a level settled earlier. The investor also specifies types duration for which the order should remain active. Such a purchase or sale is made only when the investor believes that the market would continue in the market direction. This type of order is usually issued to limit a possible loss on a transaction. OCO One Cancels Other Order: The OCO is such that when one order is executed, the other is cancelled immediately. Placing the appropriate order can help investors take the maximum benefit from the profit-making opportunities presented by the FX market. Products Products Currencies Metals Energy Forex Agricultural Commodities Indices Options Trading Hours Live Currency Rates CFDs FAQs Platforms Platforms Web Trading easy-forex on Mobile MT4 Forex Platforms Comparison Promotions Learn Learn New types Forex Forex Training Videos Demo Account Forex eBook Forex Events Trading Simulator Forex Market FAQ Forex Glossary Partners Tools Tools Orders Currency Rates Trading Hours Fundamental Analysis Technical Analysis Charts Financial Calendar Dealing Room Inside Viewer Trade Controller SMS Alert Service Interest Rates Table Currency Rates Matrix World Time About Us About Us Why easy-forex? Forex, Commodities, Options and CFDs OTC Trading are leveraged products that types a substantial forex of loss up types your invested capital and may not be suitable for everyone. Please ensure that you fully understand the risks involved and do not invest money you cannot afford to lose. Please refer to our full risk disclaimer. Your easy-forex account will change automatically the status from 'demo trader' to 'active trader' when you make the first deposit. Contact us at cs easy-forex. By using this site, you agree that we may market cookies on your device. This is to improve your online experience. You can find out more by reading forex cookie policy. To view the easy-forex site and platform correctly, please upgrade your Internet Explorer 6 IE6 browser. We are no longer supporting IE6 as Microsoft has stopped development for this browser version. Download Internet Explorer 8 here for FREE. Or alternatively Download Google Chrome here for FREE. If you have any questions or require assistance please email us support easy-forex.
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