An order to buy or sell currency at a fixed price point (or the closest available price above/below it). This order is usually set up in order to limit losses in case the market moves against the direction anticipated by the trader.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 58% of investor accounts lose money when trading CFDs with this broker. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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