As a general rule, a position is kept open until one of the following occurs:
realization of sufficient profits from a position;
the specified stop-loss is triggered;
another position that has a better potential appears and you need these funds.
Where can I see spread sizes?
Spreads between bid and offer (ask) prices are variable. For detailed information please visit Market Conditions page. Price spreads often unexpectedly change and greatly increase during weekends, in after-hours trading, in case of market-related announcements or market turmoil.
Are there any restrictions on quantity?
You can specify any position size in our trading system, as we don't have strict quantity specifications. For example, you can specify: 1, 3, 7, 23, 154, 837, 3497, 10000, 100000 or any other quantity when you send an entry order.
What is GTC, GTD and IOC order?
GTC (Good Till Cancelled) order will stay in the market until you cancel it and it is the default order duration type. GTD (Good Till Date) will stay in the market until a date you specify, and IOC (Immediate Or Cancel) order will be executed immediately (if other order conditions are met) or cancelled.
What is stop-loss and target level?
A stop-loss order ensures a particular position is automatically liquidated at a predetermined price in order to limit potential losses should the market move against a trader's position. Exit target level is a price level at which you want to close your position, when you reach certain profit. You can set the exit target level when you open your position or at any time while the position is open.
F.A.Q
