Educating and empowering clients is an essential part of allowing traders to trade confidently.
Trading orders include Limit Orders, Stop Orders, and One-Cancels-The-Other Orders (OCO), among others. Clients can change the validity of their orders for a single day (Day Order) or until Friday of the same week (GTF).
Is placed at a price lower than the current price.
For example, if the current price is $1,150.50 / oz, a buy limit order is placed at $1,148.50 / oz or any valid lower price.
Is placed at a price higher than the current price.
Is placed at a price lower than the current price.
For example, suppose the current market price is $1,150.50/oz, a sell stop order is set at $1,148.50/oz or lower to limit your losses.
iOTA Prime offers a complete trading platform suitable for different types of investors, allowing you to execute trades, research, and check your account from any of the devices (smartphones/tablets/web) you are using. These services always are on the go. You can also use the web version of the platform, which can be accessed on any device through familiar browsers.
Download NowThe most prominent platform that has gained the trust of the trading community.
Download Now1. Determine the number of lots.
2. On the trading platform panel, click 'New Order,' then enter the order volume as well as the Take Profit and Stop Loss levels.
3. Depending on the order direction, click 'Buy' or 'Sell'.
Note 1:
An OCO (One Cancels Other) order is made of two separate orders. If one of the orders is executed, the other is cancelled.
Note 2:
Remember to specify whether you are opening a new position or closing an existing one when submitting trading instructions, otherwise, all transactions will be conducted per FIFO (First In, First Out) principle.
Note 3:
When the market condition swings dramatically, the pre-set "Stop Order" or "Limit Order" may be executed at a market price that differs from the preset price, or it may not be executed at all sometimes.
Note 4:
iOTA Prime reserves the right to amend the above terms and conditions without any prior notice.