Maximize efficiency and control by using advanced order types.

Stop Orders

• Stop Loss: Automatically close a position when the market moves against you beyond a preset price.
• Stop Entry Order: Enter the market only when the price reaches your specified stop level, useful for breakout strategies.

Conditional Orders

• If/Then Orders: Link multiple orders together so one triggers another.
• One-Cancels-Other (OCO): Place two opposing orders, and once one executes, the other is automatically canceled.

How to Set Them Up

1. In the order ticket, select "Advanced" instead of "Basic".
2. Configure your stop or conditional parameters.
3. Click "Place Order" and review them in the "Advanced Orders" tab.

Benefits

• Automate routine tasks.
• Reduce emotional decision-making.
• Protect profits and limit losses without constant monitoring.