To place a Pending Order, follow these steps:
- Open the Web Platform.
- Find the instrument you want to trade.
- Click on either the "Buy" or "Sell" button or directly on the price listed in the product row. This will open the order panel on the right side of the screen.
- In the order panel, enter the details of your trade, including:
- Trade Size: Specify the number of units or lot size you wish to trade.
- Leverage: Select the leverage you want to apply to your trade. Keep in mind that the margin will adjust based on the selected leverage. Margin allows you to open CFD positions for a fraction of the total value, giving you access to financial markets you may not have been able to reach otherwise.
- Order Type: Choose between market order (execute immediately) or pending order (execute at a specified price) by using the ‘Open at rate’ toggle.
- Stop Loss/Take Profit: Optionally, set your stop loss and take profit levels to manage your risk and secure profits.
- When you’re ready, click "Place a Sell/Buy Order." You will receive a confirmation once your order is placed, and you can view this order under the “Order” tab.