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OCO and complex OCO
can anybody explain for me OCO and complex OCO ,,i'll be very thankful
Hello hemo1983, and thank you for your post! On behalf of myself and everyone here at FXCM, welcome to the forum community!
What is the difference between a simple and complex OCO order?
I would be more than happy to explain that for you!
Firstly, OCO stands for "One Cancels Other." It simply means that if one part of the order is executed, the other part will be automatically canceled. Below you will find definitions of both simple and complex OCO orders:
"Simple" OCO orders allow you to link 2 entry orders in the same currency pair.
"Complex" OCO orders allow you to link 2 or more entry orders to each other as OCO orders. These orders can be all in one currency pair, or across many different currency pairs.
Please click on the link below that corresponds to where your account is held for more information regarding OCO orders:
Please click on the link below that corresponds to where your account is held for a video walkthrough that explains how you can set up OCO orders:
Once you have clicked on one of the links above simply click on the "Entry Orders (Stops and Limits)" link on the right to see the demonstration.
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Thank you again for your post hemo1983! Please feel free to post with additional questions or contact me directly at firstname.lastname@example.org
Originally Posted by hemo1983
Last edited by Julius at FXCM; 08-16-2011 at 09:08 PM.
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