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Market Orders

Monex USA will help you reduce uncertainty and protect your bottom line by hedging your currency risk with market orders.

Written by William Vigliotta

Take advantage of market fluctuations by naming your price and let Monex USA watch the market for you. Simply put, if the market reaches your target rate - day or night - Monex USA will automatically execute the buying or selling of the currency specified. This allows you to sit back and relax, knowing your profit margins are protected.

ORDER TYPES

Take Profit Order

Available online now! A Take Profit Order allows you to take advantage of favorable market movements. Choose a target rate better than the current market level. If the market reaches your target rate, day or night, your order is automatically processed on your behalf.

Stop Loss Order

Protect against unfavorable market movements. Choose your 'worst case' target rate that is weaker than the current market level. If the market moves against you and reaches your worst-case rate, then your order is automatically executed, and your profits are protected. Call in or chat to place a stop-loss order today.

One Cancels Other Order

Combine a take profit and a stop loss order. Set a target range that you are willing to transact within. If either the high or low rate hits, your order is processed, and the other is automatically canceled. Call in or chat to place an OCO order.

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