Search results (2)
Pending order
Forex education
A pending order is placed when opening a trading position. A pending order is an instruction to the broker to buy or sell a currency pair when the price reaches the pre-defined level mentioned in the order.There are four types of pending or...
Chapter 11. Margin requirement
Forex education
Each time a trader opens a position through an online broker (dealing company), the part of funds on his account becomes frozen. This part is called a security deposit and used for a guarantee that a trader will never lose more than he has...