Trading with guaranteed stop loss orders (GSLOs)
Take control of your trading account with our guaranteed stop loss orders feature. Ensure your stop loss is executed at the exact level you choose, protecting your funds and reducing your risk.
What are the benefits of GSLOs?
Higher leverage
Enjoy lower margins when using GSLOs, freeing up additional funds for you to trade with.
Limited risk
Determine your risk level before placing your trade, whilst upside potential remains unlimited.
Free to place
GSLOs are completely free to place, and you’ll only be charged if the order is triggered.
Range of markets
GSLOs are available on thousands of global CFD markets, including FX, commodities, indices and shares.
Protection from gapping
Protect your funds from unexpected volatility, including market gapping and slippage.
Automatic close outs
Trade with peace of mind knowing your position will be closed out automatically if the market moves against you.
Ready to start trading for real?
What is a GSLO?
GSLOs are similar to standard stop loss orders, but with a key difference: they guarantee to close your trade at the exact price specified by you, regardless of underlying market volatility and gapping. GSLOs are ideal for traders who are trading in volatile markets or who don't want to risk more than their initial deposit.
By setting the exact closeout level upfront you determine your maximum risk, potentially resulting in lower margin required to place the trade. This also makes GSLOs a limited-risk product - you cannot lose more than your initial margin if the market moves against you.
GSLOs act like insurance that you only pay for when you need. They are free to place, and you only pay a small premium if the GSLO is triggered, providing a cost-effective method of managing your risk.
How to place a GSLO
Find out more about guaranteed stop loss orders
Example of a GSLO trade
You believe the Wall Street market price is going to rise, so you buy 2 Wall Street CFDs with an opening price of 35,420.
You place a GSLO at 35,300, which means the maximum loss on the trade would be (35,420-35,300) x 2 = $240.
The stop premium for Wall Street is 1.8x the quantity of CFDs and would therefore be 1.8 x 2 = $3.60 if your GSLO was triggered.
The required margin is calculated as follows:
Trade Size x Stop Distance x 1.1
In this example, your margin requirement would be: 2 x 120 x 1.1= $264
As a result of high volatility, the price of the Wall Street Index moves against you and unexpectedly drops from 35,420 to 35,259.
Despite market gapping, your trade closes automatically at your specified GSLO price of 35,300.
Your total loss on the trade is therefore $240 (maximum risk) + $3.60 (stop premium) = $243.60
If you had placed a standard stop loss order, then your position would have closed at the next available price (35,259) and resulted in a loss of $322.