Quadcode Markets, an Cyprus-based CFD broker, has introduced a new feature on its platform — the Trailing Stop. This addition provides traders with enhanced risk management capabilities than regular Stop Loss orders.
What Sets Trailing Stop Apart?
Unlike traditional Stop Loss, Trailing Stop automatically adjusts its position relative to the current market price, allowing traders to secure potential positive outcomes while managing potential losses.
When a long position is open, the Trailing Stop follows the upward movement of the CFD asset's price, maintaining a predetermined distance. In the case of a short position, it adjusts to the CFD asset's downward movement. This adaptive behavior ensures that if the market trend reverses, the position is closed, securing the outcome for the trader.
QCM’s Trailing Stop Customization
QCM traders can customize the Trailing Stop based on absolute distance values or as a percentage. Additionally, they may modify these values at any time or switch between Trailing Stop and regular Stop Loss orders, adapting to the ever-changing market conditions.
More Features Of Quadcode Markets
- Proprietary Trading Platform: Quadcode Markets offers its own trading platform, featuring an intuitive UI with a Portfolio section for monitoring CFD trades, in-built analysis tools, educational resources, and round-the-clock support.
- Market Analysis Tools: Quadcode Markets provides access to over 100 technical indicators, real-time market news updates, economic calendars, and interactive widgets.
- Tailored Notifications: Users can set price change alerts based on their preferred price levels, which prevents missing out on crucial market movements.
- Wide Range of Assets Traded via CFD: These include CFDs on stocks, commodities, currency pairs, indices, crypto, and ETFs.
About Quadcode Markets
Quadcode Markets is the trade name of IQOption Europe Limited; a regulated broker registered in Cyprus, offering CFD services to clients within the EEA. The platform provides access to a diverse selection of 300 assets traded through CFDs. Users can practice their trading skills on a demo account preloaded with $10,000 in refillable virtual currency. The QCM traderoom is accessible on web, desktop, Android, and iOS.
