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Placing Market Orders

Posted on: 18 June 2014 , by: Pepperstone Support , category: cTrader

Entering a market order in cTrader is easy, there are multiple ways you can create an order:

In the Symbols panel on left of your platform:

1. Find the currency you want to trade, and click on it to bring up the trade terminal – here you can see the market depth, the current Bid and Ask price as well as the spread.

Base

2. To open a market order, you can first specify the trade size you want to open. The trade size is found in between the large green or orange Buy and Sell buttons.

Trade Size

3. With your trade size selected, initiating a market order is as simple as double-clicking on the Buy button for a market buy order, or on the Sell button for a market sell order.

Buybutton

On the Chart Display:

1. Right click on the chart area to bring up the menu, select Create New Order. A trade window will open up, showing the symbol traded, the trade volume, as well as options for specifying a stop loss and take profit level.

createnew

2. The default currency or symbol that will be chosen will be the one on your chart display. Please make sure the symbol is correct and enter your desired trade size.

symbolandvol
3. With your trade size selected, initiating a market order is as simple as double-clicking on the Buy button for a market buy order, or on the Sell button for a market sell order.

hitbuysell

At the top of your Chart Display:

1. At the top edge of your chart display in cTrader, a tool bar will display with the current Bid and Ask prices on green or orange buttons in the middle.

toolbar
2. Hover over the buttons, and a small display will drop down with the option to choose a trading size as well as a Buy and Sell button.
3. Select your desired trade size, and then opening a market order can be completed by double-clicking on either the Buy button for a buy order, or the Sell button for a sell order.

From the cTrader Menu:

1. Click on the cTrader menu in the top left corner of your platform, and choose New Order.

menu

2. A trade window will open up, showing the symbol traded, the trade volume, as well as options for specifying a stop loss and take profit level.

symbolandvol

3. The default currency or symbol that will be chosen will be the one on your chart display. Please make sure the symbol is correct and enter your desired trade size.

4. With your trade size selected, initiating a market order is as simple as double-clicking on the Buy button for a market buy order, or on the Sell button for a market sell order.

hitbuysell