What is the Difference between Stop Entry CFDs Order & Stop Loss CFDs Order?

Stop Entry CFD Order - Stop orders are set to buy above or to sell below the current market cfds price. Stop entry orders are automatically executed so as to open new cfds trades once the cfds market price reaches the specified stop entry cfds price region.

Stop Loss CFD Order - Stop loss orders are cfd orders set by traders to close a trade automatically after cfds price has moved against their open trade position by a number of specified cfd pips. This is done to prevent more losses for that particular trade. A stop loss is automatically executed by the MT4 cfds trading platform.

Another difference is that stop entry orders open new trades while stop loss cfd order close open trades.

To learn & know more about Stop Entry CFDs Order & Stop Loss CFDs Order

Stop Entry CFD Order Definition & Example

Stop Loss CFD Order Definition and Examples

What is Difference between Stop Entry CFDs Order & Stop Loss CFDs Order?