Limit Orders aim at closing positions at off-market price. These orders will execute when market value of an Instrument reaches the Limit price set by the trader.
In general, Limit orders aim at closing positions at price higher than current market price
There are two possible ways to access Position View Screen:
In the Positions screen navigate towards the open position you would like to view. Access the Options menu and choose Select
In the Positions screen navigate towards the open position you would like to view and simply press your phone middle selection key.
You will be automatically rerouted to the Position View screen
OPEN POSITIONS SCREEN
Once in the Position View screen press the Options menu and Select the Limit Order function
POSITION VIEW SCREEN
You will be rerouted to the Limit Order screen where it is required to provide pricing details.
There are several displayed fields: Trade: Position ID number and Instrument Base: Account Base Currency Lot: Number of lots / mini lots Your Rate: Your new price has to be higher than the current price Required Rate Field: Trader enters his/her Rate in this field
Using the 4-way navigation keys scroll down to the bottom field and enter the numbers you think fit best. (In this case your Limit price must be higher than 93.23)
Once required field is filled in press OK function located in the left bottom corner of the screen
When confirmed you will be redirected to the Position View screen for the position you have just worked with
Scroll down to the Limit field where you should be able to see the Limit Order you have just placed for this particular position