To place a new market or entry order with stop loss and take profit pre-set on it refer to How to place a market order and ‘How to place an entry order’ FAQ.
Select how you wish to trade:
- OANDA Desktop Trading
- OANDA Web Trading
- MT4 desktop
- iPhone
- Android
- iPad
OANDA Desktop Trading
Below is a list of steps to modify your trade with risk-management orders.
1. Click the Trades tab
2. Click the trade that you wish to modify
3. Click MODIFY
4. You can add/change the take profit, stop loss and trailing stop to a desired level
5. Click Submit to complete the change
OANDA Web Trading
Below is a list of steps to modify your trade with risk-management orders.
1. Click the Modify icon beside your desired trade
2. You can add/change the take profit, stop loss and trailing stop to a desired level
3. Click Save Changes to complete the change
MT4desktop platform
Below is a list of steps to modify your trade with risk-management orders.
1. Double click your order in the Trade tab
2. Under Type click Modify Order
3. Enter your desired take profit and stop loss levels in terms of ‘points’ and then click Copy as to confirm OR
4. Enter your desired take profit and stop loss levels in terms of price
5. Click Modify to complete the change
OANDAMobile Trading: iPhone
Below is a list of numbered instructions and corresponding images that help you to modify your trade with risk-management orders.
1. Press PortfolioA selection of securities held by an investor or financial institution. Portfolios are designed primarily to spread investment risk.
2. Press Trades to view your open trades
3. Press to select your desired trade
4. Press the Modify button
5. Press to add/change the take profit, stop loss and trailing stop
6. Select to set the target level in terms of ‘PIPOne basis point in currency price quotations, i.e. 0.0001.’ or Price, and enter the value
7. Press Submit when you are done editing
8. You will be prompted to complete modifying your trade, press Modify Trade to complete the change.
OANDA Mobile Trading: Android
Below is a list of numbered instructions and corresponding images that guide you through modifying your trade with risk-management orders.
1. Press Portfolio
2. Press Trades to view your open trades
3. Press to select your desired trade
4. Press the Modify button
5. Press to add/change the take profit, stop loss and trailing stop
6. Select to set the target level in terms of PIP or Price, and enter the value
7. Press Submit when you are done editing
8. You will be prompted to complete modifying your trade, press Modify Trade to complete the change.
OANDA Mobile Trading: iPad
Below is a list of numbered instructions and corresponding images that will help you modify your trade with risk-management orders.
1. Press Trades to view your open trades
2. Press to select your desired trade
3. Press the Modify button
4. Press to add/change the take profit, stop loss and trailing stop
5. Select to set the target level in terms of PIP or Price, and enter the value
6. Press Submit when you are done editing
7. You will be prompted to confirm your trade, press Modify Trade to complete the change.