Great ways to use these pending orders
Once you know the difference between buy limit vs buy stop orders you’ll easily be able to apply them to your trades at CAPEX. Pending orders like these are commonly used across Forex pairings such as USD/CAD, EUR/GBP and so on. However, you’ll find that the order can be invaluable for buying and selling a variety of assets.
All of the CFDs featured at CAPEX can be traded with these pending orders. This means that you can buy Apple stock CFDs via a buy limit order when they dip below a certain maximum value. Or you could set a buy stop order to sell S&P 500 index CFDs once it hits a minimum market price.
Conclusion – Use buy limit and buy stop orders at CAPEX
Now that we’ve had buy limit vs buy stop orders explained, we can see that both are invaluable tools for online trading. A buy limit order will ensure that you’ll only buy at a maximum price to ensure that you’re not paying too much. A buy stop order lets you sell an asset once it’s reached a minimum price to ensure that you get the best value from your trades.
While these pending orders are commonly used for Forex pairings, they work great across all of the CFDs featured here at CAPEX. So register your account and see how you can make your knowledge of buy limit vs buy stop orders work for you.