Buying and Selling at Market Prices
You can use Plus500 to buy and sell instruments at the current market price (within the price ranges that are set for the specific instrument). The 'Market Range' for each instrument is shown in the Buy/Sell popup box that appears when you click on 'Buy' or 'Sell' in the trader lobby.
Stop Limit
A Stop Limit Order is a way to protect your profits, should the instrument (Forex, Stock, Commodity or Index) rise. The stop limit order instructs Plus500 to sell an instrument when, and if, the instrument reaches a certain price.
Stop Loss – (Maximum Loss)
A Stop Loss Order is a way to protect yourself from a loss, should the instrument (Forex, Stock, Commodity or Index) fall. The Stop Loss Order instructs Plus500 to sell the instrument when, and if, the instrument falls to a certain price.
When the stock hits this price, the Stop Loss Order becomes a Market Order. A Market Order instructs Plus500 to immediately sell at the best possible price. In a volatile market, you may not get exactly the price you wanted, but it should be close.
When the stock hits this price, the Stop Loss Order becomes a Market Order. A Market Order instructs Plus500 to immediately sell at the best possible price. In a volatile market, you may not get exactly the price you wanted, but it should be close.
Source : Plus500.com
