How to Create a Stop

Stop orders are a great way to help you manage your risk. In this video, we show you how to create a stop order.

Stop orders are designed to manage trading risk. So they are placed on a losing side of a trade. You can create a stop order while you're creating a market order or an entry order. Simply check this box and enter your stop price. A market order executed in the account and a stop order of equal size is waiting here in the order's window. Net stops control your entire exposure for a given currency pair and can be added by clicking on the blank cell on this column. As you can see, the platform offers a number of convenient ways for you to control your trading risk.

Disclosure

Educational Videos: All videos are provided for educational purposes only and clients should not rely on the content or policies as they may differ with regards to the entity that you are trading with. Further, any opinions, analyses, prices, or other information contained on this website is provided for educational purposes, and does not constitute investment advice. Friedberg Direct will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Order Execution Only

Order Execution Only

Regulatory Documents:
IIROC Brochure: How Can I Get My Money Back, How IIROC Protects Investors, IIROC Complaints Brochure, CIPF Brochure, CIPF Coverage Policy, IIROC Order Execution Only Bulletin, Conflict Disclosure Statement

The relationship between Friedberg Direct and FXCM was formed with the purpose to allow Canadian residents access to FXCM's suite of products, while maintaining their accounts with a regulated Canadian firm. All accounts are opened by and held with Friedberg Direct, a division of Friedberg Mercantile Group Ltd., a member of the Investment Industry Regulatory Organization of Canada (IIROC). Friedberg customer accounts are protected by the Canadian Investor Protection Fund within specified limits. A brochure describing the nature and limits of coverage is available upon request or at www.cipf.ca.