As the name suggests, the stop loss level is the minimum size you can set when executing a stop loss order on the trading platform。A stop loss order consists of a stop loss and two pending orders (called a buy stop and a sell stop)。

Stop-loss pending orders are best placed at possible breakout levels so that traders can benefit from any significant price movements after a breakout。At the same time, stop losses can facilitate the management of trading risk by limiting losses to a predetermined level.。

If you choose a broker that does not have any rules for stop loss orders, you can manage your position without restriction。But if you want to open an account with a broker that imposes a stop loss limit, you must pay attention to this。

It is always recommended to choose a broker with a lower stop loss level, which allows traders to set narrower stop loss orders for their positions。

1. Exness

Exness is based in Cyprus and sets stop-loss level ranges in points。The broker's trading platform shows that the minimum stop loss level for the EUR / USD currency pair is 12 points, which is quite low compared to other Forex brokers who can set stop loss levels of up to tens of points per trade for the same currency pair.。

In addition to the flexibility to trade at favorable stop-loss levels, Exness welcomes the implementation of various trading strategies。To support this philosophy, Exness offers low spreads from 0 in addition to cent accounts。

---

The choice of broker is adjusted according to the needs of each trader. If you only need the basic platform and trading functions with the best attributes, then Exness may be your best choice。

Exness with its 0 only.Advantages such as the low spread from 1 o'clock make up for the lack of changes in its functions, which is very suitable for traders using scalping strategies (Scalper)。Spreads for major currency pairs in some account types can also be as low as 0.0 point, depending on market conditions。

Not only that, traders can also enjoy other advantages such as automatic withdrawals。Exness will process most customer withdrawals immediately without manual inspection; however, depending on the payment provider or method selected, withdrawals may be restricted。

Exness is one of the STP / ECN brokers in Europe, and the safety of traders' funds is also guaranteed。Exness became the official partner of Real Madrid football team for 3 years from July 2017, which also proves that the company has a high degree of stability.。

Exness supports deposits and withdrawals 24 hours a day, 7 days a week。However, it should be noted that the Company does not assume any responsibility if there is a problem with the deposit or withdrawal due to the payment system.。

Traders don't need to worry about transaction fees when making deposits and withdrawals.。Exness does not charge traders any transaction fees, and the chosen payment provider may incur some fees。Exness offers traders a variety of payment methods, including wire transfers, bank cards, Neteller, Skrill and more。

Financial reports and metrics on the Exness website are audited quarterly by Deloitte, one of the world's top four accounting firms。

In addition, Exness is one of the most transparent brokers in the online trading industry, and traders can find all the information about the company on the website, such as trading volume, number of active customers, customer deposits, company funds, etc.。

Exness offers different platforms, including MetaTrader 4, MetaTrader 5, web and mobile platforms。This makes it easier for traders to trade on Exness because they can also access the Exness platform anytime, anywhere.。

Over the years, Exness has developed into a broker that attracts traders, who comply with financial regulations such as FCA and CySEC, further strengthening their trust.。

One measure of customer confidence is the volume of transactions。As of December 2018, the monthly trading volume of its clients reached $348.4 billion, with more than 50,342 active traders worldwide.。

With the programs offered by Exness, traders also have the opportunity to earn extra income by becoming their partner。By introducing the Broker (IB) program, partners can earn up to 33% spread commission from each new customer who registers。

Additional income from Exness Partners。Traders who register through the member link can earn up to 25% spread commission per trade.。

Customers can also use their free VPS hosting service when trading at Exness。VPS (Virtual Private Server) provides traders with greater reliability and stability because they can maintain their trading and expert advisors without interruption in the event of unexpected technical problems (such as Internet or power outages)。

In summary, Exness is a trader's favorite broker due to its low spreads and flexible account type, ideal for traders with limited funds but need more opportunities to maximize profits。The broker is also known for its maximum support for new and old partners.。

2. FirewoodFX

FirewoodFX is a well-known broker that is fairly transparent in explaining stop loss rules。Its official website shows that the broker has set a minimum range of 2 points for all types of trading accounts。

However, microaccounts have special conditions in terms of trading volume, with lots of 10,000 per 1 standard lot, while the usual value is 100,000.。The minimum number of hands is only 0.1 lot, you can open a position with a trading volume as small as 100 units。Especially suitable for beginners who have just started trading and want to try new strategies with minimal risk。

3. FBS

Just like FirewoodFX, FBS also limits the minimum stop loss level to around 2 points。The rule is ideal for all traders due to the wide range of trading conditions。But you should note that each type of account of this broker has different trading specifications。

For example, the euro / dollar stop loss level for the cent account is different from the euro / dollar stop loss level for the standard account。Therefore, it is important to check which trading account is best for your trading needs in FBS。If you are still not sure after knowing the specifications, it is recommended to try the demo account first。

---

Since 2009, FBS Holding Inc.(FBS) achievements in the field of foreign exchange transactions have been recognized by various international institutions.。As of 2019, the number of FBS clients reached 14 million, winning the most transparent Forex broker in 2018, the best investor education in 2017, the best customer service broker in Asia in 2016, the IB Forex program and many other titles.。

FBS is regulated by Belize IFSC and Cyprus CySEC。The broker is trusted by millions of traders and 370,000 partners from all countries.。According to the data, FBS has about 7,000 new trader and partner accounts every day.。And, 80% of customers will stay in FBS for a long time。

Trading products offered by FBS include Forex, CFD, Precious Metals and Equities。For Forex trading, CySEC-regulated FBS provides leverage of up to 1: 30 for cent accounts and standard accounts。Customers who want to try higher leverage can also register an account with FBS Belize。

In all types of accounts, the spread is from 1 point。Volume orders in standard accounts can be 0.01 to 500 lots, it is recommended that experienced traders use the account。

And on the cent account, bulk orders can be executed up to $500 breakups or the equivalent of 5 standard lots.。Cent accounts involve varying degrees of risk。FBS recommends cent accounts to beginners。All account types support the following trading instruments: 28 currency pairs and 2 metals。

Before entering the real Forex market, traders can practice using the FBS demo account, which is divided into two types, namely standard account and cent account。

Using the MetaTrader 4 and MetaTrader 5 platforms, FBS provides services on Windows and Mac, as well as Android and iOS mobile devices, providing traders with a trading experience at their fingertips, allowing traders to trade anytime, anywhere。

The MetaTrader platform also has a variety of key features, including the creation, purchase and use of Expert Advisors (EA) and scripts, one-click trading and embedded news, technical analysis tools, documentary other traders, hedging positions and VPS service support。

Another advantage of FBS is that customers who meet specific requirements receive a 100% deposit bonus and the deposit and withdrawal process is fast and convenient.。According to the customer, in addition to holidays, usually no more than 3-4 hours。

In order to increase the security of client funds, FBS also offers segregated accounts where 70 per cent of funds can be deposited with the client's bank; in addition, the margin is between 10 and 100 per cent.。If the trader loses funds in the course of trading but is insured, FBS will refund the trader's funds。

Traders have the opportunity to develop a side business when trading with FBS, i.e. as an economically recommended (IB) or affiliate。The commission provided by the FBS partner system is already at level 3, and traders can only earn additional income if they introduce new customers to FBS according to certain procedures。

Traders will also gain trading education experience at FBS。They have prepared a comprehensive foreign exchange course divided into 4 levels: beginner, beginner, intermediate and advanced。Traders can take courses that transform them from novice to professional, all materials are well structured。In addition, FBS offers a variety of forex analysis, webinars, forex news and daily market analysis that can be easily accessed on its website。

Traders can visit the official FBS website, which is available in multiple languages, including English, Dutch, Italian, French, Portuguese, Indonesian, Spanish, etc., and also provides live chat support 24 hours a day, 7 days a week。

In summary, FBS is a well-known broker among global retail traders。Due to flexible trading conditions, customers are able to use a variety of instruments for trading, low deposits, etc.。

4. XM

Based on the experience of executing directly on the broker's trading platform, the EUR / USD stop loss level can be up to 40 points or 4 points。Although it may sound high compared to the other brokers mentioned in this article, it is actually still relatively low, suitable for any trader with a risk tolerance of more than 4 points。

In addition, XM offers some other interesting features, such as trade execution with a "no re-quote" guarantee。Not only that, the broker also provides more than 100 instruments of trading services, an account spread as low as 0 points。

---

XM was founded in 2009 as a company called Trading Point of Financial Instruments Ltd..A member of an online brokerage firm。To serve customers worldwide, the company has split into XM Australia and XM Global, as well as XM Cyprus。Each member has a different head office and license, XM Australia is registered under the Australian Securities and Investments Commission (reference number: 443670), XM Worldwide is registered under the International Financial Services Commission (60 / 354 / TS / 19), and XM Cyprus is registered under the Cyprus Securities and Exchange Commission (reference number: 120 / 10).。

XM is one of the more experienced brokers in the online forex trading world today。Since its inception, the broker has undergone many changes, including the addition of an ultra-low account and webinar function, which supports 19 different languages with 35 local instructors in each language。

In terms of trading instruments, XM is known for its diversity of asset providers, ranging from foreign exchange, commodities, CFDs for equity indices, precious metals, energy, to equities。XM prides itself on being an ideal broker for executing trades, providing a statistic that 99.35% of orders executed in less than a second。Trading at XM also offers a strict no-re-quote policy, no virtual trader plug-ins, no rejection of orders, real-time market execution, and the option for traders to place orders online or over the phone.。

In the Ultra-Low account, the spread of all major currency pairs can be as low as 0.6 points, while the spread of other accounts usually starts at 1 point。XM chose to limit their leverage to a scale of 1: 888, rather than offering a maximum leverage of 1: 500 or 1: 1000 (whole numbers), a unique number now widely recognized as a trademark of XM.。

To protect client funds in extremely volatile situations, XM offers negative balance protection for each type of account。Deposits for micro and standard accounts start at $5, while Ultra-Low accounts require a minimum deposit of $50。Traders who open an account at XM can get conditions similar to a penny account environment in a micro-account, where each lot has a contract size of only 1,000 units.。If you use the smallest number of lots on the MetaTrader platform, which is 0.01 lots, then the trader can trade only 10 units per trade。

For deposits, XM applies zero-fee deposits in most of its available payment methods。Traders can choose to deposit and withdraw money by wire transfer, credit card, and the most popular electronic payment options such as Skrill, Neteller, and FasaPay.。

XM also provides Islamic accounts for Muslim traders who comply with Sharia law that prohibits the use of interest-bearing overnight swaps for each currency pair.。In order to provide their customers with the best trading experience, XM has opened access to MT4 and MT5 platforms, each with more than 6 display formats (PC, Mac, Multiterminal, WebTrader, iPad, iPhone, Android and Android tablets).。

Overall, there is no doubt that XM has gone global, with its deep commitment to providing trading services on a global scale available in more than 15 languages.。In addition to simplifying the trader's experience through mainstream trading platforms and high-quality trade execution, XM is open to all types of traders, from small capital traders to more experienced traders who prepare large deposits.。Even a penny trading environment for traders if they choose to register under a micro account。

For their global approach, XM has ensured that traders from various countries can easily access their services.。This has resulted in different domain names for traders in specific jurisdictions。

5. Alpari

Alpari is widely regarded as one of the pioneers of PAMM products, with a stop loss level of only 0 on non-ECN accounts..5 to 2 o'clock。

If you sign up for an ECN account, there may be no stop loss limit (0 points)。If you want to get the full advantage of stop loss conditions, it is recommended to use an ECN account because it is also equipped with a market execution function。

---

Alpari International is one of the largest Forex brands。They always strive to ensure that traders make the best trading and investment decisions。Founded on December 24, 1998, Alpari began as a small group of people looking to start financial ventures during the most economically unstable period in Russian history.。

In 20 years of experience in the Forex industry, around 2 million traders have chosen Alpari as their trading broker.。Alpari's headquarters are located on the 5th floor of Rue du Savoir 355 NEX Tower, Ebene 72201 Cyber City, Mauritius。The company is regulated by St. Vincent and the Grenadines (license number 20389 IBC 2012), Belize IFSC (license number IFSC / 60 / 301 / TS / 18)。

The broker uses MetaTrader 4 and MetaTrader 5, both of which offer great flexibility, charting tools and an easy-to-use interface。For higher volumes, the company also offers the Alpari International Direct platform with enhancements for senior investors.。

The company offers a range of real trading accounts to choose from。Each account offers different opportunities, allowing traders to trade in different ways。All accounts use USD, EUR, GBP and NGN as base currencies。But NGN accounts are only open to clients in Nigeria。

Each account has a different spread。Standard accounts have a spread of 1.2, the spread of the micro account is 1.7, the spread between ECN accounts and professional accounts is 0.4。Traders can open an account in Alpari and choose to trade currencies (major forex, minor forex, foreign currencies and rubles), spot metals, spot commodities, stock trading, spot indices and cryptocurrencies。

Traders can understand the minimum spreads, pips, swaps and trading time periods for each instrument before starting trading.。If traders are still not sure where to start, they can find out from the guide provided by Alpari on its official website。

Their trading guides are designed to break down terms and answer the most frequently asked questions by traders。Traders will soon be able to trade faster and more confidently。

In addition, Alpari offers PAMM (Percentage Allocation Management Module), which allows traders to select the ideal account manager。In this way, traders have the opportunity to make more profits without advanced forex trading knowledge。These managers typically have extensive market experience and proven strategic trading decisions。

The program also offers experienced traders the opportunity to become strategy managers。As a strategy manager, they can use their trading experience to earn more from profitable trading。They have the privilege of using the Alpari advanced program and all the tools to cultivate a large group of investors。Investors will help strategy managers earn more with commissions of up to 40%。

Their website also offers a variety of forex trading strategies。Because to increase your chances of making a profit, you must learn as much as possible about the market and the trading strategies behind it。According to Alpari, strategies provide traders with a roadmap for trading and reduce panic decisions made on the spur of the moment。In other words, trading at Alpari allows traders to learn any forex trading strategy。

For educational purposes, the company offers Trading Webinars, a variant of technology that allows users to hold seminars, talk shows and discussions online without having to meet face-to-face.。

Alpari offers a very convenient money and withdrawal experience for every trader。Traders can transfer money using any means, such as electronic payments (e.g., FasaPay, local transfers, TC Payment, etc.), credit cards (Visa, Mastercard, and Maestro), e-wallets (Neteller, Skrill, VLOAD, TC Pay Wallet, WebMoney, Perfectmoney, Bitcoin), and bank transfers。An inactivity fee of €5 / USD / GBP will be charged if there has been no trading activity in the trader's account for at least 6 months。

All back office transfers are processed during standard business hours (Monday to Friday, 03: 00 - 19: 00 GMT + 2 (GMT + 3 for daylight saving time))。If traders are still confused, the Alpari team can be contacted by any means such as online chat, Telegram or email。

6. FXTM

FXTM is the next broker to offer low stop loss level limits。The minimum limit only starts from 1 point, you can trade more favorably, and it applies to all trading accounts。However, you should always pay attention to changes in trading conditions and specifications for each account type, as this broker often changes the composition of the account type。

In addition to account conditions, FXTM offers trading services for various types of assets, from forex, stock index CFDs, spot metals to cryptocurrencies。The broker's spread is between 0 and 1.Between 5 o'clock。, If you want low trading fees and the freedom to trade with any tool and lot, you can choose from the various ECN accounts of this broker。

---

Originally launched in 2011, FXTM's unique vision is to offer unparalleled superior trading conditions.。Opening an account with FXTM also gives you access to advanced education and advanced trading tools in the Forex industry。

FXTM is now registered with the UK Financial Conduct Authority with registration number 600475, the company is also regulated by the Cyprus Securities and Exchange Commission with CIF licence number 185 / 12 and licensed by the South African Financial Conduct Authority (FSCA) with FSP number 46614.。

FXTM has 1 million registered accounts and more traders join every day。The company continues to strive to improve its performance and has won many awards such as the World Finance Award for Best Trading Experience 2019, the International Finance Award for Best Online Forex Trading Company in Nigeria 2018, the Hexun 2018 Reputable Investor Education Forex Broker Award, Fxeye.Com 2018 China Foreign Exchange Brand Award, etc.。

As a responsible broker, FXTM determines leverage (expressed as a ratio of trade size relative to the trader's purchasing power) based on the trader's trading knowledge and experience level, and evaluates it through an appropriateness assessment. It also supports leveraged trades up to 1: 1000。

As for spreads, FXTM offers 0.The low spread from 1 o'clock, so traders can withdraw profits at the beginning of the trade。With headquarters in several countries, the company uses No Trading Desk (NDD) technology and works with reliable liquidity providers to deliver the best bid and ask prices.。

For beginners, there is an automated trading tool called algorithmic trading。Traders can develop their own trading strategies or adopt the strategies of other traders when trading at FXTM。In addition, the strategy is also applied to automated trading systems, such as smart trading systems, so that traders don't have to worry about losing opportunities without observing the market and still make profits。

Three types of ECN accounts using MT4 and MT5 trading platforms。There are also mobile and tablet app trading platforms。In addition to offering multiple account variants, FXTM also makes every effort to ensure that customers receive the excellent support they deserve, so that their trading experience is optimal and user-friendly。

FXTM also offers a variety of products, in addition to more than 50 foreign currencies, gold, silver, commodity futures (oil) CFDs, ETF CFDs and indices.。

The broker also provides education on basic concepts of the forex industry。Traders can read all the concepts offered in the form of e-books, video tutorials, articles, webinars and forex seminars。The FXTM website is available in 17 languages for traders to understand Forex。

Traders can also choose from a variety of payment methods, including credit cards (Visa, Mastercard, Maestro) and e-wallets (Neteller, Skrill, Western Union)。For withdrawal of funds, traders do not have to pay a fee of 2 hours to 2 days。Traders can ask further questions via live chat and contact the administrator via email, FXTM has a question and answer page on Forex trading。

7. FXOptimax

FXOptimax is one of the few brokers that offers a minimum stop loss level of 0 points for all account types, and also allows positive slippage, which is rarely guaranteed by most Forex brokers.。However, this does not yet apply to transactions in Nano Hand or Cent accounts.。

Conclusion

It can be concluded that it is important to understand the broker's stop loss rules as they affect the way you set up your risk management and trading strategy。

You can browse the broker's website specifically to find any information related to stop loss levels and read the terms and conditions more carefully。If you can't find it on the website, you can ask the customer service directly or use a demo account to see the minimum range of stop loss levels set in the trading platform。