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An order in the context of forex trading refers to an instruction given by a trader to a broker or market maker to execute a trade on their behalf. Orders are used to specify the details of a trade, such as the currency pair, the amount to be traded, the price at which the trade should be executed, and the time when the trade should be closed. There are different types of orders, including market orders, limit orders, stop-loss orders, and others. The type of order used will depend on the trader’s trading strategy and objectives.

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