IFCM Group
IFC Markets Corp. Forex trading.
FOREX - from beginner to professional
Forex trading from beginner to professional.
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Position orders

If you want to close a position automatically on a certain price, then you have to bind special orders to the open positions. The order, which close an open position on a certain price with profit, is called "Take profit". The order, which close an open position on a certain price with loss, is called Stop loss". You can set two orders or one of them. A position with these orders is closed fully in all amount.

Order "Stop loss" could execute (and established) in the "Trailing-Stop" mode. This option provides a fixed distance Stop-loss orders of the market quotations currency pair. If the mode "Trailing-Stop" specified, while driving quotations upward price earnings Stop-loss orders shifted so that a desired distance (the order from the market) maintained, and when moving quotations in the price came down Stop-loss order is not changed.

You can set these orders and mode "Trailing-Stop" directly in the dialog box "Make deal", clicking a check mark in certain field and enter the activation price of order. You can also set (or change) these orders for the alreday open position - you can do it on the command "Positon" from the context menu in the line of a position.

On this command is called the window, in which you can set or change these orders and the distance "Trailing-Stop". Please pay attention that in an example on the picture we set orders to BUY position in the market price, so the price of Take-profit should be higher than the market price and "Stop-loss" - lower. Information about orders and the activity and the distance "Trailing-Stop" is shown in the window "Orders" and averages of order prices is shown in corresponding columes of the window "Positions".

Current quotations
Last update: 02:29:32
Symbol Bid Ask
AUDJPY 96.67 96.72
AUDNZD 1.227 1.2282
AUDUSD 0.9411 0.9414
CADJPY 102.02 102.07
CHFJPY 98.65 98.69
EURAUD 1.6441 1.6451
EURCAD 1.5577 1.5586
EURCHF 1.6114 1.6117
EURGBP 0.7928 0.793
EURJPY 158.99 159.02
EURSEK 9.2737 9.2787
EURUSD 1.5476 1.5478
GBPAUD 2.0739 2.0749
GBPCAD 1.9648 1.9659
GBPCHF 2.0319 2.0326
GBPJPY 200.49 200.56
GBPNZD 2.5437 2.5467
GBPSEK 11.6808 11.6878
GBPUSD 1.9516 1.9519
NZDCAD 0.7717 0.7727
NZDCHF 0.7981 0.7991
NZDJPY 78.75 78.84
NZDUSD 0.7666 0.7671
USDCAD 1.0065 1.0069
USDCHF 1.041 1.0413
USDDKK 4.8194 4.8234
USDJPY 102.72 102.75
USDNOK 5.0742 5.0792
USDSEK 5.9909 5.9959
USDSGD 1.3666 1.3674
XAGUSD 16.9 16.97
XAUUSD 888.15 888.8
Interest rates
Country Value
USA 2.00%
Japan 0.50%
Eurozone 4.00%
UK 5.00%
Swiss 2.25%-3.25%
Australia 7.25%
Canada 3.00%
Norway 5.25%
New Zealand 8.25%
Sweden 4.25%
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