Introducing OCO orders
As you may have noticed, we recently introduced a new feature: One-Cancels-the-Other orders (OCO orders). This feature will allow you to place both a take-profit and stop-loss target for your margin position without having to manually manage your orders when one is executed.
To take the most out of it, here is how it works on our platform:
To place an OCO orders pair, you have to chose a LIMIT order price (buy or sell) and check the option ‘OCO’. A new field will appear, allowing you to set the stop price of the order pair. You can then place the orders pair by clicking on MARGIN BUY or MARGIN SELL.
When one of the order is AT LEAST partially executed, the other one will be cancelled automatically.