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Order Types

Key Features

The FXCM Micro Trading Station gives traders the ability to make 6 different types of orders:
Limit Order
A Limit Order works much like a Stop-Loss Order, but you set it to automatically close your trade when the more favorable price you selected is reached. Set a Limit Order as you would set a stop order; the Limit price appears in the Limit column in the Open Positions window.
Once the market reaches 1.47674, the trade will automatically close, and the profits will be added to your balance.