Frequently Asked Questions

A 'take-profit' order, also referred to as a 'limit closing order,' is a specific type of limit order where you establish a precise price. Your trading provider will use this designated price to close your open position and secure a profit. If the limit order fails to reach the specified price, it remains inactive.

Many traders employ take-profit orders in conjunction with stop-loss orders to effectively manage the risk associated with their open positions. When you go long on an asset and it reaches the take-profit point, the order is automatically triggered, leading to the closure of the position with a profit. Conversely, if the asset experiences a decline, the stop-loss order is activated to minimize losses, aligned with your predetermined risk tolerance.

As a result, the disparity between the asset's market price and your take-profit and stop-loss orders establishes the maximum risk–reward trade-off for the trade.

Consider a scenario where a trader initiates a long position on an asset, anticipating a 20% increase. In such a case, they might place a take-profit order set at 20% above the purchase price and a stop-loss order positioned 5% below the acquisition price. This configuration results in a favorable 5:20 risk-to-reward ratio, assuming equal or tilted odds toward a positive outcome.¹ 

Our MT4 server is as follows: 

TradingPro's Market Execution feature guarantees efficient and seamless trading experiences for traders across all instruments. 

Market Execution is a rapid order execution method, allowing traders to execute orders at the current price within fractions of a second. The price may fluctuate, either higher or lower than what the trader observes in the terminal window, as prices are in constant flux.

The primary advantage of this execution type lies in its speed, making it the fastest available option and providing traders with 100% market access.

Consider the following scenario:

Imagine a trader intending to place a buy order for EURUSD.pro in a Standard account equipped with market execution. Upon clicking "Buy" in the trading platform, the initial prices display as 1.21705/1.21735, but they swiftly adjust to 1.21719/1.21740. Without requiring any additional confirmation, the system automatically initiates the order at the new ask price of 1.21740. The phenomenon of prices shifting to a different value is commonly referred to as slippage and is a frequent occurrence in this type of execution. 

No, it is not possible to add funds to a demo account. You can create a new demo account and choose the new starting balance instead. 

You are limited to opening up to 10 trading accounts per type of live account. You can explore the details of different account types before initiating the opening of a trading account, ensuring you select the one that best aligns with your requirements.