A quick trade is an order type that allows you to place a trade with few clicks needed. Quick trades can be placed on SaxoTrader and SaxoTrader desktop.
Which instruments can I trade with a quick trade?
Quick trade is available for the current instruments:
-
CFD indices
-
Forex currency pairs
-
CFD futures
Are quick trades limit or market orders?
When using the quick trade order type, you can choose to place the trade using either a market order or a limit order.
The Price Tolerance will determine whether you are using a limit order or a market order. If the Price Tolerance is turned Off, then you will be using a market order as shown below:
If you would like to place a quick trade using a limit order, click on Price Tolerance > Choose either Percent or Ticks > Choose the desired percentage or number of ticks:
How can I enable 1-click trading?
By default, all trades and orders placed through the SaxoTrader platform require 2 clicks as a safety mechanism to avoid misplacing trades.
Learn how to enable 1-click trading.