Skip to main content
Placing a trade on FORXEA takes just a few steps, but understanding the options available to you makes the difference between executing a well-considered position and simply hitting a button. Tyndra’s order panel gives you full control over how, when, and at what price your order is filled. This guide walks you through the full process — from choosing an order type to managing open positions and reviewing your history.
Trading financial instruments involves a significant risk of loss and may not be suitable for all investors. The value of your positions can fall as well as rise, and you may lose more than your initial deposit if you trade on margin. Make sure you fully understand the risks involved before placing any trade.

​
Order Types

FORXEA supports four core order types. Choose the one that matches your strategy and your view of current market conditions. Market Order Executes immediately at the best available price in the market. This is the fastest way to enter or exit a position. Market orders are best suited to liquid instruments where the spread is tight and you need certainty of execution over precision of price. Limit Order Executes only at your specified price or better. If the market does not reach your price, the order remains open (or expires, depending on your time-in-force setting). Use limit orders when you want to enter at a specific level and are willing to wait for the market to come to you. Stop Order Triggers a market order when the instrument’s price reaches a level you define. Stop orders are commonly used to cap losses on an open position (a stop-loss) or to enter a breakout trade when price moves through a key level. Stop-Limit Order Similar to a stop order, but once the stop price is triggered, it places a limit order rather than a market order. This gives you price control after the trigger, but carries the risk that the limit may not be filled if the market moves quickly through your level.
Time-in-force settings (such as Good Till Cancelled or Day Only) are available for limit and stop-limit orders. Select your preferred option in the order panel before submitting.

​
Placing a Market Order

1

Find the instrument

Use the search bar (press /) or browse your Watchlist to locate the instrument you want to trade.
2

Open the instrument

Click on the instrument name to load its chart and details in the main content area.
3

Open the Order Panel

Click the Trade button on the instrument detail view, or press O to open the Order Panel directly.
4

Select a direction

Click Buy to go long, or Sell to go short. The panel will update to show the relevant bid or ask price.
5

Choose Market as the order type

In the order type selector, choose Market. The price field will show the current best available execution price.
6

Enter your quantity

Type the number of units or shares you want to trade in the quantity field. The panel will calculate and display the estimated total value of the order.
7

Review the order summary

Check the estimated execution price, total value, and any margin requirement displayed in the order summary panel.
8

Confirm the order

Click Confirm to submit the order. A confirmation notification will appear, and the position will show immediately in your Portfolio tab.

​
Placing a Limit Order

1

Find the instrument and open the Order Panel

Search for or select your instrument, then open the Order Panel by clicking Trade or pressing O.
2

Select a direction

Click Buy or Sell depending on the position you want to open.
3

Choose Limit as the order type

Select Limit from the order type dropdown.
4

Enter your limit price

Type the price at which you want your order to execute in the Limit Price field. For a buy limit, this should be below the current market price. For a sell limit, this should be above the current market price.
5

Enter your quantity

Set the number of units or shares you want to trade.
6

Set time-in-force

Choose whether the order should remain open until filled (Good Till Cancelled) or expire at the end of the trading day (Day Only).
7

Confirm the order

Review the order details and click Confirm. Your limit order will appear in the Trade History tab as a pending order until it is either filled or cancelled.
If the market does not reach your specified price before the order expires, the order is automatically cancelled and no trade is executed. You can view and manage pending orders at any time from the Trade History tab.

​
Managing Open Positions

Once you have an open position, the Portfolio tab in the left sidebar is your control centre.
  • Open positions list — each position shows the instrument, direction (long/short), entry price, current price, and unrealised P&L updated in real time.
  • Modify a position — click on a position to open its detail panel. From here you can adjust your stop-loss level or add a take-profit target. Enter the new level and click Update to apply the change.
  • Close a position — click Close Position on any open trade to submit a market order in the opposite direction, fully closing the position at the current best available price.
You can partially close a position by entering a quantity less than your full open size in the close order panel. This lets you lock in partial profits while keeping some exposure running.

​
Order History

To review your trading activity, navigate to the Trade History tab in the left sidebar. Orders are grouped into three categories:
  • Filled — orders that have been fully executed, showing the fill price, quantity, and timestamp.
  • Pending — open limit or stop orders waiting to be triggered.
  • Cancelled — orders that were cancelled manually or expired without being filled.
Use the date range filter at the top of the Trade History panel to search for specific orders or review activity over a defined period.

​
Risk Management Tips

Avoid overleveraging your account. Trading on margin amplifies both gains and losses — a position size that is too large relative to your account balance can result in losses that exceed your initial deposit. Always calculate your maximum acceptable loss before placing a trade, and size your position accordingly.
Attach a stop order to every position you open. Decide on your stop-loss level before you enter the trade, not after, and set it at the same time as your opening order. This removes the temptation to move the stop in the wrong direction once a position moves against you.