Guaranteed Stop Loss Forex Brokers
- What is Guaranteed Stop Loss in Trading?
- Best Guaranteed Stop Loss Forex Brokers
- List of Brokers with Guaranteed Stop Loss
What is Guaranteed Stop Loss in Trading?
Stop loss is a risk management tool that closes the trading position on a particular set level, thus guaranteed stop-loss is the automatic instruction that should be processed under any conditions. To put it simply, it means that the stop-loss is guaranteed by the provider or broker under any market conditions.
Read about Order in Wikipedia, and see some notes about Stop Loss Trading Strategy:
- Every trader should consider and manage the risks, and stop-loss is the first tool to be used, as it secures positions against unexpected market behavior.
- The stop-loss tool is indeed very useful if not the most necessary feature for those trading during volatile conditions or for traders implementing high leverage.
- Frequently, the slippage or the price gap occurs causing a rapid price change that may result in blowing your account in market reversal. The guaranteed stop-loss ensures your position is closed out at the price you specify, regardless of market volatility, slippage, or gapping.
- This is why we recommend trading with highly regulated brokers with a guaranteed stop-loss.
🏦 Stop Loss | 100% execution |
💰Commission/Spread | Based on the Broker's Proposal |
📈Leverage | Yes |
📉Positions | Sell and Buy |
What is Guaranteed Stop-Loss Platform?
As a matter of fact, it’s not about the platform but the broker that offers guaranteed stop-loss through a trading platform they provide. The platform offerings can differ depending on each broker’s proposal.
- However, not every broker guarantees the stop-loss at an exact set number, which may be either lack of risk management tools or just being overwhelmed by simultaneous positions or technical reasons of a platform.
- A guaranteed stop-loss works in much the same way as a normal stop-loss order. The broker is given an instruction to close positions at a specific level, thereby reducing trading risk should the market move against traders.
- Guaranteed stop-loss can be implemented only on some markets, typically most liquid ones. So, it is more likely to place a guaranteed stop-loss on major indices, major forex pairs, or big-cap stocks, than exotic forex pairs or small-cap stocks
- However, a guaranteed stop-loss also differs from stop-loss orders, which may be filled at a worse price level than the one you may have requested due to “slippage”
- Only well-regulated brokers, as the trading provider may provide guarantee on stop-loss orders, since should mainstay on safety measures and strictly comply with international rules
Guaranteed Stop-Loss Advantages | Guaranteed Stop-Loss Disadvantages |
---|---|
Risk Mitigation | Stop-Loss Price Might Not Be The Price The Shares Are Sold at |
Cheap to Use | Short-term Fluctuation Could Activate the Stop Price |
Little Demand for Monitoring | Can not be placed on Certain Securities |
Eliminates the Sway of Emotions in Trading | Doesn't Guarantee the Performance of a Deal |
Top 5 Best Guaranteed Stop Loss Forex Brokers
After a thorough review, we selected some of the Top Regulated Forex Brokers with Guaranteed Stop-Loss while in fact not so many brokers guarantee stop-losses, so you should select Broker carefully. This list of Brokers offers the best trading conditions in the market and an extensive range of offerings:
- HFM – Best Overal Guaranteed Stop-Loss Broker 2024
- BlackBull Markets – Best Guaranteed Stop-Loss Broker for Beginners 2024
- Pepperstone – Best MT4 Guaranteed Stop-Loss Broker 2024
- BDSwiss – Best EA Trading with Guaranteed Stop-Loss Broker 2024
- OANDA – Best US Guaranteed Stop-Loss Broker 2024
Who should use guaranteed stop-loss orders?
Guaranteed Stop-Loss is a perfect tool for beginners and traders of all expertise levels who want to maximize their gains while minimizing the risks. Before placing a guaranteed stop-loss order make sure you learned how to use it.
What is the value of using a guaranteed stop-loss?
A guaranteed stop-loss is a highly valuable tool helping investors and traders to limit a loss on a particular position in a specific security, yet not every Broker guarantees stop-loss execution.
List of Brokers with Guaranteed Stop-Loss
Here is our list of the Forex Brokers who guarantee stop-loss with good regulation, however, we recommend checking conditions before executing trades:
Broker | Detail | |
---|---|---|
Qtrade |
Min. Deposit: $0 Max. Leverage: Margin Trading Trading Platforms: Qtrade Proprietary Trading Platform Regulation: IIROC, CIPF |
Qtrade Review |
Traders Trust |
Min. Deposit: €50 Max. Leverage: 1:30 | 1:3000 Trading Platforms: MT4 Regulation: CySEC, FSA |
Traders Trust Review |
Ally Invest |
Min. Deposit: $0 Max. Leverage: Margin Trading Trading Platforms: Ally Invest Proprietary Trading Platform Regulation: SEC, FINRA, SIPC |
Ally Invest Review |
WH SelfInvest |
Min. Deposit: €500 Max. Leverage: 1:30 Trading Platforms: MT4, NanoTrader, NinjaTrader Regulation: CSSF, ACPR, BaFin |
WH SelfInvest Review |
JustMarkets |
Min. Deposit: $10 Max. Leverage: 1:30 | 1:3000 Trading Platforms: MT4, MT5 Regulation: FSCA, CySEC, FSA, FSC |
JustMarkets Review |
EasyEquities |
Min. Deposit: $0 Max. Leverage: Not Offering Trading Platforms: EasyEquities Proprietary Trading Platform, Mobile Apps Regulation: FSCA, ASIC |
EasyEquities Review |
Fxview |
Min. Deposit: $50 Max. Leverage: 1:30 | 1:500 Trading Platforms: MT4, MT5, ActTrader, ZuluTrade Regulation: CySEC, FSCA, FSC, SEBI |
Fxview Review |
Firstrade |
Min. Deposit: $0 Max. Leverage: Margin Trading Trading Platforms: Firstrade Proprietary Trading Platform, Options Wizard, Mobile Apps Regulation: SEC, FINRA, SIPC |
Firstrade Review |
Trive Invest | GKInvest |
Min. Deposit: $50 Max. Leverage: 1:30 | 1:400 Trading Platforms: MT5 Regulation: BAPPEBTI, FCA, ASIC, MFSA, FSCA, FSC |
Trive Invest | GKInvest Review |
Cabana Capitals |
Min. Deposit: $10 Max. Leverage: 1:30 | 1:1000 Trading Platforms: MT4, MT5 Regulation: FSCA, FSC |
Cabana Capitals Review |