CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading in CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Get the support you need, right at your fingertips
Popular searches:
Indicators
Social Trading
Deposit
Withdrawal
Account types
What are sell stop, buy stop, sell limit, and buy limit orders?
An order in trading is an instruction to buy or sell a financial asset at a specified price. Sell stop orders trigger below the market price, buy stop orders trigger above it. Sell limit orders execute above the market price, while buy limit orders execute below it, helping traders manage their trades effectively.
Pending order types
Order type
Where it is placed
When it is triggered
Sell Stop
Below the current market price
When the bid price reaches or falls below the stop price.
Buy Stop
Above the current market price
When the ask price reaches or rises above the stop price.
Sell Limit
Above the current market price
When the bid price rises to or above the limit price.
Buy Limit
Below the current market price
When the ask price falls to or below the limit price.
Simple explanation
If you expect...
Possible pending order
Price to rise after breaking above a level
Buy Stop
Price to fall after breaking below a level
Sell Stop
Price to fall back down after reaching a higher level
Sell Limit
Price to rise after dropping to a lower level
Buy Limit
Important notes
Buy orders are generally triggered by the ask price.
Sell orders are generally triggered by the bid price.
Pending orders may not be executed if the market does not reach the required trigger price.
Execution may still be affected by spread, liquidity, volatility, or market gaps.
