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cTrader: How to Create Orders

Learn the different ways on how to create orders in cTrader.

Niel Diño avatar
Written by Niel Diño
Updated over 2 weeks ago

There are multiple ways of creating orders in cTrader, these include:

Quick Links

Click here to view the complete details:

On the top part of the platform, locate the "New order" button:

Trade Watch Panel

Click here to view the complete details:

On the upper-right part of the trade watch panel, locate the "New order" button:

Symbols list

Click here to view the complete details:

Right-click on the corresponding symbol in the Symbols List to the left, and select "Place new order" from the submenu:

Chart Trading and Quick Trade

Refer to the Help Center article: cTrader: Chart Trading and Quick Trade

New Order form

Click here to view the complete details:

On the right side of the platform, locate the "New order" form:

Keyboard

By pressing F9

PLACING ORDERS

Different types of orders can be placed in the Order Menu. Refer to the table below:

Type of Order

Steps

Market Order

Click here to view the complete details:

  1. In the New Order menu, select a Symbol to trade.

  2. Choose a trading direction by clicking either the Sell or Buy button.

  3. Specify the Volume (number of lots to trade) using the drop-down menu, toggles, or by typing the number directly.

  4. Adjust the Market Range to expand or narrow the price range within which your order will be filled.

  5. Check the corresponding boxes to set and configure Stop Loss and Take Profit options (these will apply to the position once the order is filled).

  6. (Optional) Enter your text in the Comment box.

  7. Click Place Order to create a Market Order.

Other buttons:

  • To set a Price Alert, click the Price Alert button:

    Unnamed

  • To collapse/expand the chart to the right, use the collapse/expand button:

    Unnamed

  • To open the complete symbol details, click the "symbol info" icon:

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Important note: Uncheсking the Market Range checkbox, or setting a zero (0) value, will essentially create a Limit Order.

Limit Order

Click here to view the complete details:

  1. Select a Symbol to trade.

  2. Choose a trading direction by clicking either the Sell Limit or Buy Limit button.

  3. Specify the Volume (number of lots to trade) using the drop-down menu, toggles, or by typing the number directly.

  4. Set the Entry Price at which you want your order filled. This price must be no higher than the current Ask price if going long (Buy) or no lower than the current Bid price if going short (Sell). Buy Limit Orders can only be executed at the limit price or lower, while Sell Limit Orders are executed at the limit price or higher.

  5. Check the Expiry box to set the time and date when the pending order will automatically expire if not filled. If left unchecked, the order will remain active until it is manually cancelled.

  6. Check the corresponding boxes to set and configure Stop Loss and Take Profit options.

  7. Click Place Order to create a limit order.

Other buttons:

  • To set a Price Alert, click the Price Alert button:

    Unnamed

  • To collapse/expand the chart to the right, use the collapse/expand button:

    Unnamed

  • To open the complete symbol details, click the "symbol info" icon:

    Unnamed

Stop Order

Click here to view the complete details:

  1. Select a Symbol to trade.

  2. Choose a trading direction by clicking either the Sell Stop or Buy Stop button.

  3. Set the Entry Price that will trigger the order. The price cannot be lower than the current Ask price if going long (Buy) or higher than the current Bid price if going short (Sell).

  4. Specify the Volume (number of lots to trade) using the drop-down menu, toggles, or by typing the number directly.

  5. Set the Entry Price. To select a way to trigger the order, click the right arrow:

    Unnamed

    1. The right arrow is the Trade side. The Ask price triggers buy Orders, and the Bid price triggers Sell Orders.

      Unnamed

    2. The left arrow is the Opposite side. Buy Orders are triggered by the Bid price, and Sell Orders are triggered by the Ask price.

      Unnamed

    3. The double right arrow is the Double Trade Side. Similar to the Trade Side trigger, but two consecutive ticks of the respective price are required.

      Unnamed

    4. The double left side is the Double Opposite side. Similar to the Opposite Side trigger, but two consecutive ticks of the respective price are required.

      Unnamed

  6. Check the Expiry box to set the time and date when the pending order will automatically expire if not filled. If left unchecked, the order will remain active until manually cancelled.

  7. Check the corresponding boxes to set and configure Stop Loss and Take Profit options.

  8. Click Place Order to create a stop order.

Other buttons:

  • To set a Price Alert, click the Price Alert button:

    Unnamed

  • To collapse/expand the chart to the right, use the collapse/expand button:

    Unnamed

  • To open the complete symbol details, click the "symbol info" icon:

    Unnamed

Stop Limit Order

Click here to view the complete details:

  1. Select a Symbol to trade.

  2. Choose a trading direction by clicking either the Sell Stop or Buy Stop button.

  3. Specify the Volume (number of lots to trade) using the drop-down menu, toggles, or by typing the number directly.

  4. Set the Entry Price. To select a way to trigger the order, click the right arrow:

    Unnamed

    1. The right arrow is the Trade side. The Ask price triggers buy Orders, and the Bid price triggers Sell Orders.

      Unnamed

    2. The left arrow is the Opposite side. Buy Orders are triggered by the Bid price, and Sell Orders are triggered by the Ask price.

      Unnamed

    3. The double right arrow is the Double Trade Side. Similar to the Trade Side trigger, but two consecutive ticks of the respective price are required.

      Unnamed

    4. The double left side is the Double Opposite side. Similar to the Opposite Side trigger, but two consecutive ticks of the respective price are required.

      Unnamed

      • Set Limit Range (in pips) relative to the Entry Price: This means the stop limit order will be triggered only when the market reaches the Stop Price and will be filled only at the price determined by the Limit Range value (or a more favourable price).

Other buttons:

  • To set a Price Alert, click the Price Alert button:

    Unnamed

  • To collapse/expand the chart to the right, use the collapse/expand button:

    Unnamed

  • To open the complete symbol details, click the "symbol info" icon:

    Unnamed

Related Articles
Opening a Pending Order
Blueberry X (DXTrade) Trading Guide
cTrader: Market Replay
cTrader: Chart Trading and Quick Trade
cTrader: Managing Pending Orders and Stop Loss & Take Profit
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