OCO Trades
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thread: OCO Trades

  1. #1

    OCO Trades

    Does anybody know of a broker aside from forex.com that provides OCO (one cancels another) trades?

  2. #2
    Junior Member campttalexalex7's Avatar
    23
    Does anyone know of a broker other than forex.com that provides OCO (one cancels the other) trades?
    OCO is a frequent attribute on a lot of the proprietary platforms. I have seen it on CoesFX, GFTForex and that I believe MB Trading's platform as well.

    MetaTrader provides an OCO attribute, but it's not's just like the typical OCO. You can attach a stop and a limit order for a current market order in play. Whichever gets hit takes that order from this market. So, I guess you may say that MetaTrader provides the feature as well, opening you up to a host of different brokers.

  3. #3
    Please inform me why you would wish to possess OCO attribute. Wouldnt hedging be a fantastic attribute to have instead? OCO would eliminate hedging . Cant you effect OCO by taking an opposite position for the same quantity?

    If I am missing something here. . Please inform me.

  4. #4
    Junior Member Copipk333's Avatar
    17
    GFT. You can just have 1 trade per pair at a time. Its good for averaging down / up in trades, though it is a bit confusion.

  5. #5
    I love to straddle on news events. Can I achieve by hedging?

  6. #6
    Member ina99's Avatar
    98
    MGForex offers both OCO and when done types of trades.

  7. #7
    I like to straddle on news events. Can I accomplish by hedging?
    OCO is a useful feature.

    You can straddle by hedging, however you are spending the disperse twice.
    Where as OCO, of course, you are only opening and closing one place on a trade.

    . .but what is a few pips!?

  8. #8
    Junior Member carmenbervaz's Avatar
    20
    Does anyone know of a broker aside from forex.com that offers OCO (one cancels another) trades?
    ACM

  9. #9
    Junior Member carmenbervaz's Avatar
    20
    I love to straddle on news events. Could I achieve by hedging?
    DEPENDS ON THE BROKER.

    THERE IS A THREAD GOING ON IN THIS FORUM ABOUT HOW TO STRADDLE EVEN IF YOUR ACCOUNT DOESN'T ALLOW IT. YOU MIGHT WANT TO DO SOME REASEARCH. I'LL KEEP MY EYES OPEN IF I COME ACROSS IT AGAIN.

    TAKE IT EASY

  10. #10
    Junior Member Oxrverra's Avatar
    24
    Hi please someone tell me how and what to look for when I am seeking a new broker.i am new and I should be starting with demonion but still with demonion that I want to make sure I have a fantastic broker so pl somebody advise me.

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