MARKET ORDER: 
A market order is a buy or sell order that is executed immediately at the current real-time price. Traders have the option of executing a market order with just a single click using the FXCM trading platform. In doing so, they can define whether their market orders are executed at the best price available or within a predefined range.
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 ENTRY ORDER: 
An entry order is a buy or sell order that is executed when a predefined price is reached. An entry order is valid until the predefined price is met, at which point the order is executed (Good Till Cancelled, or GTC). Traders can change the predefined price at any time or cancel the order. 

 STOP-LOSS ORDER: 
A stop-loss order, placed for open positions in order to limit losses, is executed as soon as the price reaches a predefined level. Traders use stop-loss orders to safeguard against losses greater than they are prepared to sustain. A stop-loss order (also called a Stop) acts like an entry order and is valid until either the transaction is liquidated or the trader cancels the order. Stop-loss orders are used exclusively as a way to limit losses. 

 LIMIT ORDER: 
A limit order, placed for an open position in order to realise a specific profit, is executed as soon as the price reaches a predefined level. Traders use limit orders to take profits. Limit orders are used exclusively as a way to realise gains. 

 TRAILING STOP: 
Trailing stops offer another option for realising profits. You specify the number of pips by which your stop order should trail the market and the stop order is adjusted by that number of pips as the market moves.

The First Steps to Entering a Market Order:

The FX Trading Station is highly user-friendly, intuitive to use and enables traders to place their orders precisely and at lightning speed. To place a market order, simply click in the Dealing Rates window on the buy or sell price of the desired currency pair or CFD. Next, the Market Order window opens where you can specify trading volume (shown in the previous window between the the buy and sell prices). Click OK to place the order. 

Your market orders will always be executed, whether you choose one-click, double-click or the popular 2-step order execution method. The Trading Mode  menu on the FX Trading Station main navigation bar lets you specify which mode you want. 

If you need help placing an order or if you need instruction in the trading platform over the phone, please contact the service team, standing by to help you 24/7. In addition, you can use the user guide to get acquainted with all of the functions and customisation settings of the software.