CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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When you place a position on markets.com, you should be aware of how order durations, pending orders, and rollovers work.
There is no maximum order duration if you have positive equity in your account. However, it is recommended that you check your active pending orders frequently.
Note that the following apply.
MetaTrader 4 (MT4), Cosmos Platforms: Any existing pending order(s) (i.e. Stop Loss (S/L), Take Profit (T/P), Entry Stop, or Entry Limit) placed on an instrument will be adjusted to symmetrically (point-for-point) reflect the price differences between the expiring contract and the new contract.
MetaTrader 5 (MT5): Any existing pending order(s) (S/L, T/P, Entry Stop, and Entry Limit) placed on these instruments will be automatically removed at the end of the day, before executing the rollovers.
For corporate actions (e.g. stock split, spin-off, etc) on equities, pending orders are manually closed by the Dealing Desk (MT4, MT5).
This prevents the position from being filled on a non-market price movement.
On markets.com trader, pending orders are symmetrically adjusted to reflect the price impact, or adjustment factor, of the corporate action.
Find out more about expiration dates, upcoming holidays, weekly expiration rollovers, and trading hours here.
Log in to your account now to check your orders on markets.com.
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