Brokers With OCO Orders

OCO or known as One-Cancels-the-Other is a pair of orders; if one order executes, then the other order is automatically canceled. An OCO order combines a stop order with a limit order on an automated trading platform. When either stop loss or limit price is reached and the order executed, the other order automatically gets canceled.

Experienced traders use OCO order because it provides maximum flexibility in trading. You can have an opportunity to fix profit and limit losses whenever an order is triggered. Below you will find a list of Forex Brokers that provide OCO orders for trading.