A Limit Order (also known as an Or Better Order) indicates that you want to buy or sell a given currency at a specific price or better. This information was provided by Easy Forex
Limit Orders
Forex Trading Orders
Forex Market Orders
Forex Limit Orders
Forex Stop Orders
Forex OCO Orders
Rollovers
Forex Market Orders
Forex Limit Orders
Forex Stop Orders
Forex OCO Orders
Rollovers
Risk Warning: please note that Forex trading (OTC Trading) involves substantial risk of loss, and may not be suitable for everyone.
Trading in the Foreign Exchange market might carry potential rewards, but also potential risks. You must be aware of the risks and are willing to accept them in order to trade in the foreign exchange market. Don't trade with money you can't afford to lose.
Any opinions, news, research, analyses, prices or other information contained on this website, by EasyForexForum.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. EasyForexForum.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Trading in the Foreign Exchange market might carry potential rewards, but also potential risks. You must be aware of the risks and are willing to accept them in order to trade in the foreign exchange market. Don't trade with money you can't afford to lose.
Any opinions, news, research, analyses, prices or other information contained on this website, by EasyForexForum.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. EasyForexForum.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Copyright © 2005 - 2008, Franka Group. All rights reserved. - Contact us info (at) easyforexforum.com
Home | About | Search | Contact | Advertise | Links | sitemap
Home | About | Search | Contact | Advertise | Links | sitemap
Now it's FREE - The New 2009 Forex eBook! Years of experience in Forex trading have gone into this book.
Technical
Technical Analysis Books
Forex Technical Indicators
Forecasts
Trading Strategy
Daily Forex Technical Analysis
Technical Analysis Books
Forex Technical Indicators
Forecasts
Trading Strategy
Daily Forex Technical Analysis
Other
Currency Trading Tips
Forex Books
Glossary
Forex Articles
Forex Affiliate Programs
Forex Israel
Forex Key Words
Currency Trading Tips
Forex Books
Glossary
Forex Articles
Forex Affiliate Programs
Forex Israel
Forex Key Words
Advertisement
Learn how to trade forex easy
Advertisement
Advertisment: Join Easy-Forex | Open a Forex Strategy Automator Account | Get to know more about currency trading at Forex Club.
Easy Forex Free Practice Account
What is a Limit Order?
The fact that Easy-Forex is available 24 hours a day, 7 days a week, doesn't mean that YOU must stay awake and be alert, waiting to capture a preferred opportunity or rate? You can set your preferred DAY TRADING rate, superior to the existing market rate, and Easy-Forex shall watch and monitor the opportunity for you. When and if the market rate reaches the LIMIT rate you defined, Easy-Forex shall perform the DAY TRADING deal for you, at the terms as pre-defined by you.
Once such deal is performed, it automatically becomes a regular DAY TRADING deal, allowed the default duration of 1 month.
The Limit service is offered to you by Easy-Forex FREE OF CHARGE !!
How much does the Limit service cost?
Absolutely nothing. All collaterals collected are part of a regular DAY TRADING deal. If such deal would not capture, the collaterals are returned to your free balance. Performing a LIMIT order is a free-of-charge service by Easy-Forex.
When a Limit "captures", do I see it in My Account?
Yes, at 2 entries in the MY ACCOUNT journal: (a) the LIMIT ending, (b) a new DAY TRADING deal.
Naturally, both journal entries have together net zero value.
Forex order types: Market Order, Limit Orders, GTC (Good till cancelled), GFD ( Good for the day), Stop orders, OCO (order cancels other).
The fact that Easy-Forex is available 24 hours a day, 7 days a week, doesn't mean that YOU must stay awake and be alert, waiting to capture a preferred opportunity or rate? You can set your preferred DAY TRADING rate, superior to the existing market rate, and Easy-Forex shall watch and monitor the opportunity for you. When and if the market rate reaches the LIMIT rate you defined, Easy-Forex shall perform the DAY TRADING deal for you, at the terms as pre-defined by you.
Once such deal is performed, it automatically becomes a regular DAY TRADING deal, allowed the default duration of 1 month.
The Limit service is offered to you by Easy-Forex FREE OF CHARGE !!
How much does the Limit service cost?
Absolutely nothing. All collaterals collected are part of a regular DAY TRADING deal. If such deal would not capture, the collaterals are returned to your free balance. Performing a LIMIT order is a free-of-charge service by Easy-Forex.
When a Limit "captures", do I see it in My Account?
Yes, at 2 entries in the MY ACCOUNT journal: (a) the LIMIT ending, (b) a new DAY TRADING deal.
Naturally, both journal entries have together net zero value.
Forex order types: Market Order, Limit Orders, GTC (Good till cancelled), GFD ( Good for the day), Stop orders, OCO (order cancels other).
Sites of Interest: Holy Land Books | Haifa Real Estate | Jewish Celebrations | Jerusalem | Israel Art | Jewish United States | Easy Forex | The Forex Currency Trading
learn how to place Easy Forex limit order without having to learn or use prior Forex trading knowledge.
For example, you place an order to buy 100,000 euro at 1.0950. The platform will automatically fill your order when the offer reaches 1.0950. Limit orders can be placed to both buy and sell. Usually this type of order is used when price is more important than time.
Practice with a Free Demo Account...
Learn how to place Forex limit order without having to learn or use prior Forex trading knowledge.
The main difference between a Forex trading limit order and a market order is that with the limit order the transaction takes place only if the Forex trading currency reaches the limit you set before you bought or sold it using the Forex trading platform. Even though both orders are considered immediate, as they are done one the spot market, the Forex limit orders can take longer to execute.
A limit order in forex trading is similar to a limit order when trading in the stock market.
Practice with a Free Demo Account...
Learn how to place Forex limit order without having to learn or use prior Forex trading knowledge.
The main difference between a Forex trading limit order and a market order is that with the limit order the transaction takes place only if the Forex trading currency reaches the limit you set before you bought or sold it using the Forex trading platform. Even though both orders are considered immediate, as they are done one the spot market, the Forex limit orders can take longer to execute.
A limit order in forex trading is similar to a limit order when trading in the stock market.
To conclude Forex Limit orders
Forex Trading Limit entry orders are executed only if the currency price touches but not breaks the price you set. Limit orders are done when traders want to set the limit price. These orders are executed only if the currency reaches the limit price you set. Limit orders are used when you want to buy and sell a currency only if it reaches a certain price or better. Let's say the currency pair EUR/USD is worth 1.245, and you buy a limit order of 1.249. This means that the transaction will be executed only if the currency price rises to 1.249.
Forex Trading Limit entry orders are executed only if the currency price touches but not breaks the price you set. Limit orders are done when traders want to set the limit price. These orders are executed only if the currency reaches the limit price you set. Limit orders are used when you want to buy and sell a currency only if it reaches a certain price or better. Let's say the currency pair EUR/USD is worth 1.245, and you buy a limit order of 1.249. This means that the transaction will be executed only if the currency price rises to 1.249.