Pending forex orders

How it works

Common forms include buy limits, sell limits, buy stops and sell stops. Some platforms also support stop-limit combinations that add another price condition after activation.

What to check

Choose the order based on whether you want to enter on a pullback, a breakout or only within a defined price range. Check expiry settings so old instructions do not remain active unintentionally.

• Match order type to the intended condition
• Set expiry when appropriate
• Review orders before major events

Limits and risks

Pending orders can trigger when market conditions have changed. News, gaps and widened spreads can produce very different execution from the situation in which the order was placed.