Before getting started to work on financial markets, a trader needs to familiarize with different orders and trading instructions which will be send to broker. Its also important to know to prevent traders from making unnecessary mistakes. PTMC platform supports wide list of trading orders which are sorted by their complexity and by selected brokers: Basic order types and Smart order types.
Such basic order types as Market, Limit and Stop orders are easy to place and execute using PTMC trading platform. These are general orders provided almost by each trading terminal in the financial industry.
- Market order lets you to immediately place buy or sell order on the market by the current price;
- Limit order allows to sets the desired price for buying or selling some asset;
- Stop order lets you entering the market when the price reaches or passes through the set level.