How we can Help
We have an extensive range of tools and resources that can help you manage your risk. They are simple to access and easy to use.
Guaranteed Stops
Guaranteed Stops put an absolute limit on any loss, without restricting your profit potential. For a small premium, you specify the level at which you want your trade to be closed; we guarantee that you will never lose more than that stated amount.
Attaching a Guaranteed Stop is an extremely effective risk management tool.
Non-guaranteed Stops
You pay no premium for this type of Stop Order, however we cannot always guarantee we can close you out at your selected level – for example if the market gaps quickly or there is a large overnight move.
Non-guaranteed Stops can be a useful way to limit risk, but for absolute protection you should opt for a Guaranteed Stop.
Trailing Stops
Trailing Stops are also non-guaranteed, but track your position while the market moves in your favour, providing protection if it moves in the other direction. This allows you to lock-in profits without the need to manually monitor your position and adjust your Stops.
Setting up a Trailing Stop
There is no charge to use a Trailing Stop. However, you must first activate Trailing Stops for your account on PureDeal. To do this, simply:
- Go to Preferences (in My Account)
- Select 'Allow Trailing Stops'
- Accept the special terms and conditions
- Click 'Set Preferences'
You will now find a Trailing Stop check-box on your Deal Ticket for all currency trades, indices, equities and commodities.
See an example of how Trailing Stops work in practice.
Limit Orders
A Limit Order is triggered once a specified market level is hit. In short, it is an instruction to take a profit if the price moves in your favour. This allows you to realise a pre-selected level of profit, even if the price later moves against you.
Education
TradeSense is our free six-module education programme for new traders.
TradeSense provides a number of benefits for those taking their first steps into the world of CFD trading. You can trade in reduced minimum deal sizes to limit your exposure while you build up your confidence. And our dedicated risk management module teaches you how to maintain a balanced portfolio and manage your expectations.
We also offer free online and in-person seminars specialising in risk management.
Market Analysis
Our news and analysis resources help to keep you informed, so that you can react to sudden market moves and mange your risk accordingly.
- Economic Indicators: updated daily, featuring analyses of key upcoming financial announcements
- Market commentary: updated twice daily, to keep you up-to-date with moves and news in the financial markets
- Fx Focus: Updated twice daily, summarising forex activity across major pairs
- Broker Ratings: updated daily, identifying companies which have been affected by a ratings change.
Please visit our Market Analysis section for details of all our tools and resources.
Related Info
The Right Choice
- 7000 share CFDs and over 60 forex pairs
- 99.5% of trades executed in 0.1 seconds
- Spreads from just 0.8 pips on forex and 1 point on indices
