Get a 24-hour summary of open orders and positions held by OANDA's clients. To learn more, please see OANDA Forex Order Book
“Customize” the fxTrade platform to your personal needs. You can modify color schemes, fonts, and default settings for elements including stop-loss and take-profit parameters, upper and lower bounds, alert sounds, and even the appearance of technical charts.
The most basic form of a new order is a market order. This is an order that is placed for immediate execution and at the current price. This video demonstrates how to buy or sell a new market order using the fxTrade platform.
To close an open order, you must buy or sell an equal amount of the open order so that your total position in the currency pair is reduced to zero. For example, if you have an open order for 5,000 units of EUR/USD, you must sell 5,000 units of EUR/USD to completely close your position.
An open order is one that has been executed and is still active. It is important to remember that as long as an order remains open, it is subject to changes in the market price. Also, it is possible to modify some components of an open order with adding stop-loss and / or take-profit instructions being the most common types of open order modifications.
A limit order is a market order that includes special instructions preventing it from being executed until the market price reaches the price you specify when creating the order. In many situations, a limit order reduces the risk of entering into a fluctuating market where the exchange rate could suddenly move against you.
Weekly non-commercial trading statistics in the US futures market, plotted against currency rates to illustrate forex sentiment. To learn more, visit Commitments of Traders
Compare how currency pairs have moved relative to each other. To learn more, visit Currency Strength Heatmap