Rating of Forex brokers supporting OCO orders

One-Cancels-the-Other orders are quite an interesting tool that provides a trader maximum flexibility in trading. Inherently, OCO orders are two ordinary pending Forex orders (stop-loss and take-profit). At the same time, they are interlinked by automated cancel function if one of them is triggered. As a result, you get the opportunity to fix profit and limit losses. The best Forex brokers that support orders of OCO type are gathered for you in this section of TopBrokers.com

  • Key information
  • Trading
  • Payment systems
  • Trading platforms
  • Trading instruments
  • Support
  • Trading accounts
  • Account settings
  • Spreads
  • Promotion
Filter
Company #LogoNameFoundedRegulatedReviewsPayment systemsBroker type(?)Min. DepositMax.
leverage
Live spread
Interval:
Live
spread
EUR/USD
Live spread
Interval:
Live
spread
GBP/USD
Live spread
Interval:
Live
spread
USD/CHF
Live spread
Interval:
Live
spread
USD/CAD
Live spread
Interval:
Live
spread
USD/JPY
Live spread
Interval:
Live
spread
AUD/USD
Live spread
Interval:
Live
spread
NZD/USD
Live spread
Interval:
Live
spread
EUR/AUD
Live spread
Interval:
Live
spread
EUR/CAD
Live spread
Interval:
Live
spread
EUR/CHF
Deposit bonusAccount
Admiral Markets1Admiral Markets2001
FCA, CNMV
8

Payment systems

NDD, ECN
0 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
AMarkets2AMarkets2007
Financial Commission
1

Payment systems

NDD, ECN
0 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A20 %

В акции участвует каждое пополнение торгового счета на сумму от 300 USD. Количество пополнений счета не ограничено. После пополнения обратитесь к персональному менеджеру для активации бонуса.

Dukascopy Europe3Dukascopy Europe2010
FCMC
2

Payment systems

ECN
100 $1:300N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Blackwell Global4Blackwell Global2010
FCA
2

Payment systems

NDD, STP
500 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
NPBFX5NPBFX1996
IFSC
1

Payment systems

NDD, STP
10 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-


Was the information useful for you?

Attractive tool for effective risk management

Most often, One-Cancels-the-Other orders are the most useful when there is already an open trading position. However, if necessary, you can also use them at the stage of entering the position. In this situation, everything depends solely on the characteristics of a trading strategy you use. OCO orders allow to develop a wide variety of combinations, with which you get the opportunity to automatically take the most profitable trading decision depending on the Forex market situation.

It should be noted that the OCO orders are very convenient because of their features. If you set conventional stop-loss and take-profit orders in Forex trading, rather than One-Cancels-the-Other, in case of successful execution of any one of them, the other will continue to be active. As a result, if the Forex market situation changes, its execution could cause unintended opening of a position. With proper use, OCO orders allow the most effective risk management and significantly streamline Forex trading, which will bring maximum profit.


If you like this discussion on TopBrokers.com then please like us on Facebook