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Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good
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Thank you for sending us the question. A pending order is a forex order to be executed at a later time. The trade will be executed when the asset re-opens for trading, reaches a predetermined price, or at a certain time.
A pending order will be created when a trade is opened in advance. The trade will be completed once the criteria are met. Expect some slippage.
Slippage refers to all situations in which an investor receives a different trade execution price than intended. Slippage occurs when the price changes between the time a trade order is requested and the time the order executes.
If you create a pending order when the asset is closed the order will be executed at the beginning of the trading session at the opening price.
If you create a pending order for an asset at a specific price the order will be executed when the price is reached. There may be some slippage as the trade is executed since prices change constantly.
If you create a pending order for an asset at a specific time the order will be executed when the time is reached.
Best regards, Olymp Trade team.
Thank you for marking this as “Resolved”. We are glad that we have answered your question. We value your input and encourage you to let us know more details about your experience with us.
Best regards, Olymp Trade team.