1. What is a “Stop Level”?
When placing a pending order, the specified price must maintain a minimum distance from the current market price. This distance is known as the “Stop Level”. Traders must comply with the Stop Level requirement to successfully place pending orders and Take Profit or Stop Loss.
Stop Levels for different order types:
The Stop Level requirement is determined by the order type.
Order Type | Stop Level Requirement |
Buy Limit | 1 point below current Bid |
Sell Limit | 1 point above current Ask |
Buy Stop | 1 point above current Bid |
Sell Stop | 1 point below current Ask |
Most of our clients are not restricted by Stop Levels. The Stop Levels shown above, product-specific values, and the information published on the AFT website may be subject to change. These requirements may not apply to clients using high-frequency trading strategies or Expert Advisors (EA).
Other Relevant Rules
When placing pending orders, Take Profit and/or Stop Loss cannot be set at the current price level.
Due to platform limitations, Buy Stop and Sell Stop cannot be placed within the spread.
Stop Loss cannot be set within the spread.
Buy Limit, Sell Limit and Take Profit can be placed within the spread.
Pending orders may occasionally be subject to slippage. We recommend reviewing the Slippage Rules for better risk control.