Placing a Stop Order (also known as a Stop Loss) on Coinmetro is a great way to manage your trades automatically and protect your investments. Whether you’re aiming to limit losses or catch the next market move, Stop Orders can help you execute your strategy without needing to constantly monitor the charts.

In this article, we’ll show you exactly how to place a Stop Order step by step, both on Exchange and Margin. 🚀

💡 What Is a Stop Order?

A Stop Order (also known as a Stop Loss Order) is an instruction to buy or sell an asset once it reaches a specific price, known as the stop price. When that price is reached, the stop order turns into a market or limit order, automatically executing the trade.

A Buy Stop Order is set above the current market price.
A Sell Stop Order is set below the current market price.

In short, a Stop Order helps you automatically buy or sell when the market hits a certain price, allowing you to manage risk or enter trades more efficiently.

You can place Stop Orders on both the Exchange Platform and the Margin Platform.

📉 When Are Stop Orders Useful?

Stop Orders are especially handy when you want to limit potential losses or secure profits. For example, if your analysis shows strong support for a coin at a certain price, you could place a sell stop order just below that level. If the price drops past the support, your order will trigger automatically — helping protect your position from further loss.

⚙️ How to Enable Stop Orders

Before you can use Stop Orders on the Exchange platform, you’ll need to enable Advanced Features.

📱 How to Enable Advanced Features - Mobile App

From the home screen, tap on the Menu icon (☰) in the top-left corner of the screen.
Tap on Exchange.
Tap on the 3 dots next to the green Buy button.
Tap on Settings.
Under the Order form section, tap on the box next to Advanced features.

That's it! Once the box has been checked, advanced features are now turned on.

💻 How to Enable Advanced Features - Web Browser

From your dashboard, go to the Menu on the left side of the screen.
Click on Exchange.
Click on the settings cog on the top right of the screen.
Under the Order form section, tap on the box next to Advanced features.

That's it! Once the box has been checked, advanced features are now turned on.

💱 How to Place a Stop Order on the Exchange

You can place a Stop Order on the Coinmetro Exchange Platform using either desktop/web or the mobile app. Follow the steps below for your preferred device to set your Stop Price and execute your order automatically once the market reaches your target.

📱 How to Place a Stop Order on Exchange - Mobile App

From the home screen, tap on the Menu icon (☰) in the top-left corner of the screen.
Tap on Exchange.
Select your preferred trading pair (for example, XCM/EUR) by tapping the arrow icon next to the currently selected pair.
Tap on either the Buy or Sell button, depending on the trade you want to execute.
Tap on the Stop tab.
Fill out the order form details (e.g., how much of your selected asset you want to receive or sell).
Set your stop price.
Tap on either the Stop Buy or Stop Sell button.

That's it! Your stop order has been set up successfully.

💻 How to Place a Stop Order on Exchange - Web Browser

From your dashboard, go to the Menu on the left side of the screen.
Click on Exchange.
Select your preferred trading pair (for example, XCM/EUR) by clicking on the currently selected pair.
On the order form on the right side of the screen, click on either the Buy or Sell button, depending on the trade you want to execute.
Click on the Stop tab.
Fill out the order form details (e.g., how much of your selected asset you want to receive or sell).
Set your stop price.
Optionally, you can click on the Max or Min price* toggle.
You can also select the Immediate or Partial fill** options.
Click on either Stop Buy or Stop Sell to finish setting up the stop order.

That's it! Your stop order has been placed successfully.

*Max Price and Min Price

Max Price: When setting a buy stop order, this is the highest price you’re willing to pay once your stop price is reached. It protects you from buying at an unexpectedly high market price due to slippage.
Min Price: For sell stop orders, this is the lowest price you’re willing to accept when the stop is triggered. It prevents selling at an unexpectedly low price.

**Immediate Fill and Partial Fill

Immediate Fill (Market Order): When your stop order is triggered, the system attempts to execute the order right away at the best available market price.
Partial Fill (Limit Order): Sometimes, there may not be enough liquidity at the desired price to fill the entire order. In that case, only a portion of your order is executed immediately, and the rest may remain open until it can be filled.

📊 How to Place a Stop Order on Margin

You can place a Stop Order on the Margin Platform using either desktop/web or the mobile app. Follow the steps below for your preferred device to set your Stop Price and execute your order automatically once the market reaches your target.

📱 How to Place a Stop Order on Margin - Mobile App

From the home screen, tap on the Menu icon (☰) in the top-left corner of the screen.
Tap on Margin.
Select your preferred trading pair (for example, XCM/EUR) by tapping the arrow icon next to the currently selected pair.
Tap on either the Long (buy) or Short (sell) button, depending on the trade you want to execute.
Tap on the Stop tab.
Fill out the order form details (e.g., how much of your selected asset you want to receive or sell).
Set your stop price.
Optionally, you can select the w/ Limit Price* toggle to set up a limit-stop order and set your limit price.
Tap on either the Stop Buy or Stop Sell button.

That's it! Your stop order has been set up successfully.

*w/ Limit Price (Stop-Limit Order) - By selecting the w/Limit Price toggle, you are adding a limit price to your order. This will create a Stop-Limit order.

💻 How to Place a Stop Order on Margin - Web Browser

From your dashboard, go to the Menu on the left side of the screen.
Click on Margin.
Select your preferred trading pair (for example, XCM/EUR) by clicking on the currently selected pair.
On the order form on the right side of the screen, click on either the Buy (Ask) or Sell (Bid) button, depending on the trade you want to execute.
Click on the Stop tab.
Fill out the order form details (e.g., how much of your selected asset you want to receive or sell).
Set your stop price.
Optionally, you can select the w/ Limit Price* toggle to set up a limit-stop order and set your limit price.
Click on either Buy (Stop) or Sell (Stop) to finish setting up the stop order.

That's it! Your stop order has been placed successfully.

*w/ Limit Price (Stop-Limit Order) - By selecting the w/Limit Price toggle, you are adding a limit price to your order. This will create a Stop-Limit order.

🧠 Practice Before You Trade

If you’d like to try Stop Orders without any risk, you can use the Coinmetro Demo Platform to practice. Please note that this guide is for educational purposes only and should not be considered financial or trading advice.

Try the Demo Platform

FAQs

⚡ What’s the difference between Market and Limit Stop Orders?

Market Stop Order: Executes immediately at the best available price once the stop price is reached.
Limit Stop Order: Places a limit order at a specified price when the stop price is reached. It may not fill immediately if there isn’t enough liquidity.

🛑 Can I cancel a stop order?

Yes! You can cancel any active stop order before it’s triggered. Once the stop price is hit, the order will execute as a market order.

✏️ Can I edit a stop order?

Most platforms, including Coinmetro, allow you to adjust the stop price or amount before it’s triggered.

⏳ What does Immediate or Partial Fill mean?

Immediate Fill: Your order is executed right away at the available market price.
Partial Fill: Only part of your order is executed if there isn’t enough liquidity; the rest may remain open until it can be filled.

💰 What is Max Price / Min Price?

Max Price: The highest price you’re willing to pay for a buy stop order.
Min Price: The lowest price you’re willing to accept for a sell stop order.
This protects you from unexpected slippage in volatile markets.