Order Type
Understanding Your Trading Options: A Guide to Order Types.
Leverage PolicyNegative Balance ProtectionStop Out PolicyExecution PolicyOvernight Positions / RolloverOrder TypeTrading Hours
Efficient Trade Execution with Juno Markets Order Types
At Juno Markets, we offer a comprehensive suite of order types to cater to your diverse trading needs. Understanding and utilizing the right order type is crucial for effective trade execution and risk management.
Market Orders
Market Order: This is an order to buy or sell at the best available current price. It is executed immediately and is ideal for traders who prioritize speed and execution over price control.
Pending Orders
Limit Order: set an order to buy below the current price or sell above the current price. This order type is used when you expect the price to reach a certain level and then reverse.
Stop Order: place an order to buy above the current price or sell below the current price. This order type is typically used to enter the market on a breakout of a certain level.
Stop Loss Order: an essential risk management tool that closes out your position at a predetermined price to limit potential losses.
Take Profit Order: secure your profits by setting an order to automatically close out your position once it reaches a specified profit level.