Trendo broker offers a variety of trading methods, enabling users to implement diverse strategies in financial markets. This guide reviews the types of trades available on Trendo.
In a market order, a buy or sell request is executed immediately at the best available market price.
This method is suitable for traders who want to enter or exit the market quickly.
Pending orders refer to trades that are executed in the future when the price reaches a specified level. The types of pending orders include:
Buy Limit: Buying at a price lower than the current market price
Sell Limit: Selling at a price higher than the current market price
Buy Stop: Buying at a price higher than the current market price
Sell Stop: Selling at a price lower than the current market price
For a step-by-step guide on how to place trades, please refer to the following article:
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Trendo allows traders to use leverage to increase their purchasing power. The available leverage varies depending on the account type and balance:
Live Accounts: From 1:25 up to 1:2000 (user-selectable)
PAMM and Copy Trading Accounts: Maximum 1:500
Accounts with less than $50 balance: Maximum 1:500
For Muslim traders, Trendo offers swap-free (Islamic) accounts for trading Forex and Gold.
In these accounts, overnight interest (swap) charges are eliminated.
Trendo provides a range of risk management tools for traders, including:
Take Profit and Stop Loss: To manage trade profits and losses
Pending Orders: To enter the market at specific prices
For more information, you can contact Trendo support directly.