Conditional Orders: Enhancing your Trading Efficiency

Conditional orders allow you to automate trades based on predefined criteria.

With our platform, you can now see various conditional order types on the mobile app. Take a deeper look at the conditional orders we offer below.

Conditional Orders for Buy and Sell Sides

The aforementioned order types continue to adhere to the triggering rules of the basic order types, such as limit order, market order, stop loss order, and stop limit order. Additionally, a basic order with conditions helps you monitor the market easily. You will have the flexibility to add diverse conditions, enabling the system to execute your specific order when all conditions are met.

Place Your Order with Conditions

Let's review the conditions specified for this particular order type. (In the below screenshots, AAPL will be used as the underlying security and demonstrate the process to place a market conditional sell order).

1) Underlying Shares

You now have the option to select various underlying shares as conditions for executing your order. In addition to the original underlying security, you can choose from additional indices such as the S&P 500, Nasdaq, and DJIA.

2) Type

Once you have confirmed the underlying share, you can specify the type of changes you want to consider in the underlying security. You have the flexibility to select how the price, volume, open P&L (Profit and Loss), or % change will affect the underlying security.

3) Operator

We offer several symbols that allow you to indicate how you want this operation to be performed. You can use the greater-than or less-than symbols to control the desired range.

4) Value

Any value number can be entered here, which is the last step for adding this specific condition.

Finally, you have successfully placed a conditional market sell order. This order indicates that if the price of AAPL exceeds $200, a market sell order for one share of AAPL will be executed and filled at the market price.

Get started and explore this incredibly advanced order type as soon as you can access it on the trading page. We encourage you to share your distinctive trading experiences by commenting below.

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