Stop-loss with Crash/Boom/Range break indices

Dear Members,

The Stop-loss mechanism operates differently in Crash/Boom/Range break indices due to abrupt market price fluctuations that can sometimes exceed your predetermined stop loss level. In such instances, when the market price surpasses your stop loss amount, your contract will be closed automatically at that point instead of precisely at the stop loss level.

For instance, assume that you anticipate a market upswing and buy a Crash 500 index contract at 8,000 USD. As the market price escalates to 8,700 USD, you establish your stop loss level at 8,200 USD. However, after a few ticks, the price plummets to 8,100 USD, which exceeds your stop loss level. Consequently, your trade will automatically close at 8,100 USD

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