Matthew Hart Posted May 17, 2017 Share Posted May 17, 2017 Because most foreign exchange products are highly leveraged, even small market movements can have a big impact. Risk management systems such as stop loss orders, will only give you limited protection by capping your losses. You may have to pay a premium price to guarantee your stop loss order. I am with TryMarkets, if you are with this broker they guarantee your stop loss order without any price or fee. Link to comment Share on other sites More sharing options...
Guest andengireng Posted June 23, 2017 Share Posted June 23, 2017 No. Why I have to pay for stop loss order? It doesn't make sense. Im trading with FreshForex, it is all free, no commission, free stop loss order, no swap and FreshForex give me some bonuses. It is interesting to trade with FreshForex. Link to comment Share on other sites More sharing options...
cokodot Posted July 20, 2017 Share Posted July 20, 2017 Traders have to be knowledgeable on the kinds of orders or they will find the going tough. FXB Trading offers a comprehensive list with all available kinds of orders that traders can study to help make smart trading decisions. Link to comment Share on other sites More sharing options...
Valeria Favot Posted July 20, 2017 Share Posted July 20, 2017 In forex trading even in small market movements you can have a big impact only for high leverage facility. Foreign exchange market is best for this facility. To cop up the losses in business you can take risk management systems by any reputed broker. But it can give you a limited protection. I am using the micro STP account of FXPremax. Using their micro STP account I am getting 1:1000 leverage facility. Link to comment Share on other sites More sharing options...
ViproMarket Posted July 21, 2017 Share Posted July 21, 2017 Truly, traders should also be able to better improve their trading skills well. Because sufficient trading skills are the main capital that must be owned by traders in order to survive in forex. Link to comment Share on other sites More sharing options...
Billy Jury Posted July 22, 2017 Share Posted July 22, 2017 A trader should not pay for stop loss order as an additional charge. When a trader opens an order he or she always looks for making profit and limit losses for which they use stop loss orders. Even when a trader opens a order he or she always pays spreads or commissions which is the earning for the broker. I do not get the point of paying for stop loss order exceptionally. If a broker charges extra for stop loss orders i think you should change the broker and shift to a good broker. I trade with FreshForex, they have been so true with their facilities that no trader of FreshForex should have any problem with their services. I do not pay any extra fees for stop loss orders or any type of orders rather than opening a trade. They also provide me less spread based trade which helps me to cut the costs of my trading and i also enjoy swap free trading benefits. Link to comment Share on other sites More sharing options...
uncle gober Posted July 24, 2017 Share Posted July 24, 2017 Yes, indeed the use of SL and TP can be one of the businesses that can be selected by traders to be better in improving and managing the trades it has to be better. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now