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When establishing a new order or modifying an existing order, We can choose to set up" Stop surplus" and" Stop loss" . After setting, In general, orders will be liquidated based on the target price you have set, Help you lock in profits when reaching your goals, Or reduce losses when market trends are unfavorable. Please note, Any order may experience short selling due to market fluctuations, At this point, the system will not be able to execute the order at the default price, But we will close your position at the most favorable price below the target price.
Euro/The current price of the US dollar is 1. 13816/1. 13837 (sell/buy) . You are 1. 13837 Established a 1 hand (1 hand = 100, 000 Euro) Purchase Order for, Simultaneously setting stop loss orders on 1. 13806.
In general, When the price drops to 1. 13806 Hour, Your stop loss order will be triggered, And in the 1. 13806 Closing the position at a price of, Total loss 31 dollar.
But when the market environment undergoes a sudden change, Price directly from 1. 13837 Glide down to 1. 13795, When you directly skipped your stop loss target, There is a market gap, The system will not be able to 1. 13806 Conduct liquidation, But it will be at the next most favorable price, Namely 1. 13795 To carry out liquidation for you, The ultimate loss will be 42 dollar.
Trailing Stop (also called "Mobile stop loss" ) It is a useful tool. The stop loss price will be adjusted according to changes in market prices, So that you can maximize profits or reduce losses. You can set a tracking stop loss order when creating a new order. When market prices change in a favorable direction for you, The stop loss price will be adjusted accordingly based on the pre-set distance in the order. however, If the market price changes in a direction that is unfavorable to you, The stop loss price will remain unchanged, Until the closing condition is triggered. Please note, Any order may experience short selling due to market fluctuations, At this point, the execution price for closing the position is the next optimal price after the stop loss price.
Euro/The current price in US dollars is 1. 13816/1. 13837 (sell/buy) . You are 1. 13837 Established a 1 Purchase order in hand, Set one at the same time 100 spot (0. 00100) Tracking stop loss for.
When the product price is below 1. 13816 Hour, Your stop loss price is 1. 13716. If the selling price of the product increases to 1. 13845, The stop loss price will be updated according to the distance you set, The updated stop loss price is 1. 13745.
contrary, When the product price changes from 1. 13845 Descending to 1. 13745 Hour, Tracking stop loss will trigger, And in the 1. 13745 Execute closing position.
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The minimum number of trades per transaction is as low as 0. 01 hand, Low margin for open position trading
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Our negative balance protection mechanism ensures that your account loss does not exceed your deposit.
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If the market conditions are too volatile, Your loss may exceed the account balance in a short period of time, resulting in a negative balance in the account funds after the forced liquidation. But due to Mitrade The platform provides account negative balance protection, Negative balances will be cleared to zero in a timely manner.
After logging into the platform, you can, choice「more」--「set up」--「Notification Settings」, Set reminder methods according to your needs, And the reminder notice will include a reminder for margin increase, Notification of verification pass or not, Information modification notice, System service notifications, etc. But please note, Additional Margin Reminder ID Verification Result Notification, Bank account review notice, Important reminders such as notification of payment application results must be received.
APP: After logging into the platform, you can, choice「My」–「set up」–「Notification Settings」, Set reminder methods according to your needs.
Web: After logging into the platform, you can, choice「more」–「Notification Settings」, Set reminder methods according to your needs.
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