The three most basic elements of any order specify what is to be bought or sold, the size or volume of the order, and how the order will execute relative to price. Below is a summary of the options in the order forms that specify these three elements.
- Options specifying what is bought or sold: Buy/sell, currency pair, and none/leverage
- Options specifying size/volume of the order: Amount and amount currency.
- Options specifying execution relative to price: The various order types and associated fields.
You will find detailed explanations of these options below, and there are additional options to specify other aspects of an order (explained under "Other Ordering Options").