Last Update: March 19th, 2024

The 10 Best Brokers with Trailing Stop-Loss Orders revealed. We have carefully examined various platforms through meticulous research to pinpoint the top 10 Forex Brokers that provide advanced trailing stop-loss orders. 

In this in-depth guide, you’ll learn: 

• What is a Trailing Stop-Loss Order  
• Who are the 10 Best Brokers with Trailing Stop-Loss Orders 
• How to Set Up a Trailing Stop-Loss Order with Each Broker 
• Our Conclusion on the 10 Best Brokers with Trailing Stop-Loss Orders 
• Popular FAQs about 10 Best Brokers with Trailing Stop-Loss Orders 

And lots more… 

So, if you’re ready to go “all in” with the 10 Best Brokers with Trailing Stop-Loss Orders… 

Let’s dive right in… 

🏆 10 Best Forex Brokers

	Broker	Review	Regulators	Min Deposit	Website
🥇		Read Review	ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA	USD 100	Visit Broker >>
🥈		Read Review	FMA, FSA	USD 50	Visit Broker >>
🥉		Read Review	FSCA, CySEC, DFSA, FSA, CMA	USD 0	Visit Broker >>
4		Read Review	SFSA, FSCA, CySec*	USD 5	Visit Broker >>
5		Read Review	FCA, CySEC, FSCA, SCB	USD 100	Visit Broker >>
6		Read Review	FCA, FINMA, FSA, ASIC	USD 0	Visit Broker >>
7		Read Review	CySEC, FCA, FSA, FSCA, Labuan FSA	USD 100	Visit Broker >>
8		Read Review	Not Regulated	0.001 BTC	Visit Broker >>
9		Read Review	ASIC, CySEC, FSCA, CMA	USD 100	Visit Broker >>
10		Read Review	CySEC,MISA, FSCA	USD 20	Visit Broker >>

What Is a Trailing Stop-Loss Order? 

Trailing stop-loss orders are an essential risk management tool for traders maneuvering through the unpredictable landscapes of financial markets.  

Trailing stop-loss orders move with favorable price movements, protecting gains and reducing potential losses, unlike static stop-loss orders that remain fixed at predetermined price points. 

 This system acts as a safeguard, adjusting its threshold based on the asset’s price movement to prioritize profit protection as a proactive measure. Trailing stop-loss orders are designed to adapt to price movements, providing traders with a mix of flexibility and security in volatile markets.  

This strategic approach allows traders to understand market dynamics better, helping them choose optimal exit points without being tied to strict benchmarks. This way, they can secure profits while avoiding major downturns. 

10 Best Brokers with Trailing Stop-Loss Orders (2024*)

1. ☑️ IG – The Best Global financial market.
2. ☑️Exness – Award-winning Broker in 2024*
3. ☑️HFM – Low-cost MetaTrader platform experience.
4. ☑️FOREX.com – Best Multi-asset trading.
5. ☑️AvaTrade – Award-winning FCA-regulated trading platform.
6. ☑️Pepperstone – Voted TradingView’s Broker of the Year 2024.
7. ☑️CMC Markets – Best trading services.
8. ☑️XM – Offers multiple trading account types.
9. ☑️HYCM – Best user-friendly platform for Beginners
10. ☑️Admirals – Best customer service.

Best Brokers with Trailing Stop-Loss Orders

10 Best Brokers with Trailing Stop-Loss Orders

IG 

Trailing Stop Feature and information 

IG offers a trailing stop feature that adjusts to market movements to secure profits or limit losses. Users specify the stop distance and trailing step, the number of points the market must move in their favor before the stop adjusts.  

This feature is not applicable for working orders and may not execute exactly at the specified level due to slippage. 

Platform Reliability and Execution Speed 

IG is well-known for its dependable trading platform, which boasts rapid execution speeds and state-of-the-art technology. This ensures trades are executed efficiently with minimal delays, making it ideal for strategies that depend on timely market data. 

Fees and Commissions Structure 

IG offers a competitive fee and commission structure based on product and market. Traders must carefully consider fees for their trading instruments, but IG‘s clear pricing and advanced platform features make the costs worthwhile. 

Security Measures and Risk Management Tools 

IG provides traders with various security and risk management tools, such as trailing stops, stop-loss orders, limit orders, and real-time alerts.  

The platform prioritizes the safety of client funds and personal information by employing advanced encryption technologies and adhering to strict regulatory standards. 

Unique Features

Pros and Cons

Exness 

Trailing Stop Feature and information 

Exness provides a trailing stop feature for automated risk management on MT4 and MT5 desktop terminals. This feature allows the Stop Loss (SL) to trail behind the current price by a set number of points, making it useful in unpredictable markets or when constant monitoring is impossible.  

To activate a trailing stop, the order must be in profit by 15 points. Trailing stops are only compatible with desktop terminals. 

Platform Reliability and Execution Speed 

Exness is renowned for its reliable trading platforms like MetaTrader 4 and 5, known for their fast execution, minimizing slippage, and enabling traders to capitalize on market movements effectively. 

Fees and Commissions Structure 

Exness offers a transparent fee structure with various account types, ranging from 0.0 pips to minimal commissions on trades, and a straightforward pricing model that simplifies estimating trading expenses for traders. 

Security Measures and Risk Management Tools 

Exness highly emphasizes client safety by using robust security measures such as SSL encryption and two-factor authentication.  

Exness provides risk management tools like stop-loss orders and negative balance protection, guaranteeing a secure trading environment and reinforcing its reputation for reliability. 

Unique Features

Pros and Cons

HFM 

Trailing Stop Feature and information 

HFM offers a trailing stop feature to protect profits by keeping a position open while the price moves favorably but closing if the price changes by a set amount. This feature helps manage risk and ensure profits without constant market monitoring.  

The platform’s Trade Terminal simplifies setting stop-loss, take-profit, and trailing stops, making it a convenient tool for traders. 

Platform Reliability and Execution Speed 

HFM offers a trailing stop feature to protect profits by keeping a position open while the price moves favorably but closing if the price changes by a set amount.  

This feature helps manage risk and ensure profits without constant market monitoring. The platform’s Trade Terminal simplifies setting stop-loss, take-profit, and trailing stops, making it a convenient tool for traders. 

Fees and Commissions Structure 

HFM offers traders a competitive, transparent fee and commission structure, including trailing stops. However, exact fees are not specified, and traders must consider the total trading costs, including spreads, commissions, and premium features when using advanced tools. 

Security Measures and Risk Management Tools 

HFM prioritizes security and risk management, offering tools and measures to protect traders. It uses industry-standard protocols like SSL encryption for data transmission and segregates funds in segregated accounts.  

The platform also provides risk management tools to help traders trade and manage market risks efficiently. 

Unique Features

Pros and Cons

FOREX.com 

Trailing Stop Feature and information 

FOREX.com offers a trailing stop feature that adjusts the stop order based on market movement, allowing traders to maintain their guaranteed profit without manually adjusting their stop.  

This feature is placed at a specific distance from the current market price, allowing traders to align their risk tolerance with the market’s direction. Setting trailing stops at the right distance prevents premature trade closure due to market fluctuations or significant losses. 

Platform Reliability and Execution Speed 

FOREX.com is recognized for its strong trading platforms and quick execution speeds, allowing traders to efficiently execute their trading strategies, such as utilizing trailing stops. 

 These platforms provide sophisticated charting tools, up-to-the-minute news, and analysis to assist in making decisions. 

Fees and Commissions Structure 

FOREX.com provides competitive spreads and affordable trading costs for traders of all levels, offering a clear fee and commission structure based on account type and instruments traded. Information on fees and commissions can be found on their website or customer support. 

Security Measures and Risk Management Tools 

FOREX.com emphasizes client security by offering strong risk management tools such as stop-loss orders, limit orders, and margin alerts. Additionally, it maintains regulatory compliance and employs advanced encryption technologies to ensure a secure trading environment. 

Unique Features

Pros and Cons

AvaTrade 

Trailing Stop Feature and information 

AvaTrade, a renowned brokerage, offers a range of trading tools and features on platforms like MetaTrader 4 and 5, which automatically adjust stop loss levels based on market movement.  

This feature allows traders to lock in profits and minimize losses without manual adjustments, demonstrating AvaTrade‘s commitment to offering advanced trading features. 

Platform Reliability and Execution Speed 

AvaTrade provides a range of trading platforms tailored to meet the needs of traders. These platforms include WebTrader, AvaTradeGO, MetaTrader 4, MetaTrader 5, and AvaOptions.  

In addition, AvaTrade is known for its fast execution speeds, reliability, and compatibility across different devices. Whether you prefer manual or automated trading, these platforms ensure a smooth and hassle-free trading experience. 

Fees and Commissions Structure 

AvaTrade offers a clear fee and commission structure, with competitive spreads and no commission on trades when trading forex pairs and other instruments. Traders must be mindful of overnight swap fees, premiums, and any other account-related fees.  

AvaTrade also provides a demo account for traders to get acquainted with the platform and its fee structure before investing real money. 

Security Measures and Risk Management Tools 

AvaTrade prioritizes security and risk management, using advanced security measures like SSL encryption and adherence to global financial standards.  

They offer risk management tools like stop-loss orders, limit orders, and AvaProtect, protecting against losses for a set period. AvaTrade‘s reliable trading platform lets traders control risks while following their trading plans. 

Unique Features

Pros and Cons

Pepperstone 

Trailing Stop Feature and information 

Pepperstone offers trading platforms like MetaTrader 4 and cTrader, which support trailing stop loss, a crucial feature for risk management. These platforms offer customizable tools and indicators, allowing users to set trailing stops based on their trading preferences, enhancing their trading strategy. 

Platform Reliability and Execution Speed 

Pepperstone provides reliable trading platforms with fast execution speeds, ideal for forex and CFD trading. They offer desktop, mobile, and tablet applications and WebTrader, allowing traders to access markets from anywhere, anytime, and with minimal delays. 

Fees and Commissions Structure 

Pepperstone offers a competitive trading environment with two account types: Razor and Standard.  

The Razor account provides raw spreads starting from 0.0 pips with a commission per trade, while the Standard account has wider spreads and no commission. Pepperstone provides leverage, potentially increasing profits, but carries greater risk. 

Security Measures and Risk Management Tools 

Pepperstone is a leading broker that prioritizes security and risk management, offering advanced tools like stop-loss orders, limit orders, and negative balance protection. Under global financial authorities, it ensures a high level of safety and fairness for traders. 

Unique Features

Pros and Cons

CMC Markets 

Trailing Stop Feature and information 

CMC Markets’ Next Generation platform and mobile apps offer advanced trading tools, including trailing stops, which dynamically manage risk by adjusting stop loss levels in line with market movements, securing profits, and potentially reducing losses. 

Platform Reliability and Execution Speed 

CMC Markets offers a Next Generation platform with robust web and mobile trading features, quick execution speeds, and dependability. It features a top-notch charting package with over 115 technical indicators, enhancing the trading experience. 

Fees and Commissions Structure 

CMC Markets provides a competitive pricing structure with spreads starting at 0.7 points on major forex pairs, spread betting, and CFD trading on various asset classes, emphasizing low spreads and considering overnight holding costs and other fees. 

Security Measures and Risk Management Tools 

CMC Markets prioritizes client funds and personal data protection, adhering to financial regulations. Their platform offers risk management tools like stop-loss orders and guaranteed stop-loss orders, ensuring a secure and controlled trading environment for all users. 

Unique Features

Pros and Cons

XM 

Trailing Stop Feature and information 

XM, a global Forex and CFD trading broker, offers platforms like MetaTrader 5 and MetaTrader 4 with trailing stop support.  

These platforms allow traders to set a stop loss at a specific distance from the market price, adjusting with market price shifts. This feature secures profits and reduces losses when the market goes against the trader. 

Platform Reliability and Execution Speed 

XM offers trading platforms that work seamlessly on various devices, including Windows, Mac, iPhone, iPad, and Android. These platforms are designed to provide reliable execution and smooth operation, ensuring consistent performance even during volatile market conditions. 

Fees and Commissions Structure 

XM offers competitive pricing with low spreads and leverages up to 1000:1. Traders can choose from Micro, Standard, and XM Zero accounts, each tailored to their trading style.  

XM Zero accounts offer ultra-low spreads with a commission, while Micro and Standard accounts have slightly higher spreads and no commissions. 

Security Measures and Risk Management Tools 

XM prioritizes client funds and personal information security, adhering to regulatory standards. It provides risk management, trailing stop loss, and negative balance protection for traders. 

Unique Features

Pros and Cons

HYCM 

Trailing Stop Feature and information 

HYCM allows traders to set trailing stop-loss orders, adjusting the stop-loss level automatically as the market moves in their favor.  

This feature is particularly useful in unpredictable markets, allowing traders to capitalize on market momentum without constantly monitoring positions. Using the MetaTrader 4 platform, traders can customize the distance in pips for the trailing stop. 

Platform Reliability and Execution Speed 

HYCM’s platform reliability and fast execution speed are key features of its service. It uses the renowned MetaTrader 4 platform, known for its stability and quick trade execution.  

This minimizes slippage risk, enabling traders to effectively implement strategies in fast-moving markets providing confidence and a stable base for their trading endeavors. 

Fees and Commissions Structure 

HYCM provides traders with a competitive and transparent fee and commission structure, offering spreads as low as 0.1 pips for fixed and variable spread accounts. 

 Commissions may apply based on account type, and the transparent pricing strategy allows traders to make informed decisions based on trading volume, strategy, and preferred instruments. 

Security Measures and Risk Management Tools 

HYCM prioritizes security and risk management, safeguarding client funds and information.  

The broker follows strict regulatory standards, providing additional security to traders. HYCM offers risk management tools like stop-loss orders, take-profit orders, and margin calls, assisting traders in handling exposure and safeguarding against substantial losses. 

Unique Features

Pros and Cons

Admirals 

Trailing Stop Feature and information 

Admirals offers traders the trailing stop loss feature on platforms like MT4 and MT5, which is crucial for risk management and automatic profit protection. This feature allows traders to adjust their stop loss order with market movements, enhancing potential earnings while minimizing losses. 

Platform Reliability and Execution Speed 

Admirals’ platforms, MT4 and MT5, are known for their reliable performance and quick execution speeds, catering to traders of all skill levels. They offer powerful analysis, trading, and risk management tools, enabling prompt trade execution. 

Fees and Commissions Structure 

Admirals offer competitive pricing with clear fees and commissions on various trading instruments like Forex, CFDs, stocks, indices, commodities, and cryptocurrencies. They may provide accounts with varying pricing structures to accommodate different trading styles and strategies. 

Security Measures and Risk Management Tools 

Admirals provides a secure trading environment with advanced encryption technologies and regulatory adherence.  

They offer risk management tools like stop-loss orders, take-profit orders, and negative balance protection, enabling traders to control their risks and achieve their trading objectives in a supportive environment. 

Unique Features

Pros and Cons

How to Set Up a Trailing Stop-Loss Order with Each Broker 

How to Set a Trailing Stop-Loss Order with IG

✅Log into your IG trading account and go to the platform where you want to make your trade. 

✅Select the market you want to trade in and open the deal ticket for that specific instrument. 

✅Find the ‘stop’ option in the deal ticket. Choose the trailing stop option from the drop-down menu. 

✅Provide the stop distance and the trailing stop-in points/pips. The final step calculates the necessary market movement in your favor for the trailing stop to adjust. 

✅Make sure to review your trade settings and proceed with executing the trade. Your trailing stop has been activated. 

How to Set a Trailing Stop-Loss Order with Exness

✅Access the Exness MetaTrader 4 or MetaTrader 5 desktop platform and sign in to your account. 

✅Input a trade or choose from current open positions. 

✅To set a Trailing Stop, simply right-click on the trade in the ‘Terminal’ window, then go to ‘Trailing Stop’ and select your preferred trailing stop level from the preset choices or create your own. 

✅The trailing stop will be triggered when the position moves into profit by the specified number of points. 

How to Set a Trailing Stop-Loss Order with HFM

✅Log into your MT4 or MT5 trading platform using your HFM account details. 

✅Find the ‘Terminal’ window at the bottom of the MT4 or MT5 platform. Here, you can view your existing open trades. 

✅To add a trailing stop-loss, simply right-click on the trade. A context menu will pop up on the screen. 

✅Hover your cursor over the ‘Trailing Stop’ option in the context menu. There are various preset distances in pips (like 15, 25, 50 pips, etc.) available for you to choose from. Or you can select ‘Custom’ and define a specific distance in pips that aligns with your trading approach. 

✅Activation occurs once you have chosen your preferred trailing stop distance, at which point the trailing stop-loss order is established.  

How to Set a Trailing Stop-Loss Order with FOREX.com 

✅Log into your trading account using FOREX.com’s Advanced Trading Platform or MetaTrader. 

✅When initiating new trades, input your details in the ‘Order’ window. Review the ‘Open Positions’ tab in the Advanced Trading Platform or the ‘Terminal’ window in MetaTrader to locate your current trades. 

✅Select ‘Stop’ from the order type options on the Advanced Trading Platform and activate the trailing feature by ticking the designated box. You can set the distance for the trailing stop in pips. 

✅Setting a Trailing Stop on MetaTrader is easy. Just right-click the trade in the ‘Terminal’ window, choose ‘Trailing Stop,’ and select your desired distance or input a custom value. 

✅The trailing stop will be triggered when the trade becomes profitable beyond the specified distance. The stop will automatically adjust to secure profits as the market moves in your favor. 

How to Set a Trailing Stop-Loss Order with AvaTrade 

✅Log in to your AvaTrade account and select MetaTrader 4 or MetaTrader 5 as your trading platform. 

✅Open a new order or check on an existing open position. 

✅To apply a Trailing Stop, simply right-click on the trade in the ‘Terminal’ section. Simply hover over ‘Trailing Stop’ and choose your desired points distance from the drop-down menu, or input a custom value if necessary. 

✅Once your trade moves into profit by the chosen distance from its opening price, the trailing stop will activate and adjust automatically to lock in gains. 

How to Set a Trailing Stop-Loss Order with Pepperstone 

✅Access the MT4, MT5, or cTrader platform Pepperstone offers and sign in to your trading account. 

✅Start a new trade or choose from existing options. 

✅To apply a Trailing Stop in MetaTrader, right-click on the trade you want, select ‘Trailing Stop,’ and then specify the distance in points. Users of cTrader can set a trailing stop by choosing the advanced stop loss features and indicating the trailing stop distance. 

✅Your trailing stop has been successfully set and will automatically adjust based on your specified settings as the market moves. 

How to Set a Trailing Stop-Loss Order with CMC Markets 

✅Access the CMC Markets trading platform. 

✅Choose the financial product you want to trade. 

✅When placing your order, locate the stop-loss feature and choose the ‘trailing’ option from the list provided. 

✅Indicate the distance for the trailing stop-in points. 

✅Finalize the trade setup and execute the trade to enable the trailing stop. 

How to Set a Trailing Stop-Loss Order with XM 

✅Sign in to your XM MetaTrader 4 or MetaTrader 5 platform. 

✅Choose a new position or pick an existing one from the ‘Terminal’ window. 

✅To set your preferred level, right-click on the chosen position and select ‘Trailing Stop.’ 

✅Your trailing stop is now active and will adjust automatically as the market moves in your favor. 

How to Set a Trailing Stop-Loss Order with HYCM 

✅Access your HYCM trading platform, typically MetaTrader 4. 

✅Open a new position or choose an existing trade from the ‘Terminal.’ 

✅To set the Trailing Stop, simply right-click on your selected position, choose ‘Trailing Stop,’ and then determine the required distance in points. 

✅Your trailing stop has been successfully set. Your trade will adapt as the market price changes, maximizing profit and reducing risk. 

How to Set a Trailing Stop-Loss Order with Admirals 

✅Manage your trading account on MetaTrader 4 or MetaTrader 5 provided by Admirals. 

✅To initiate a new trade or select an existing one in the ‘Terminal,’ simply right-click on it. 

✅Select ‘Trailing Stop’ and indicate your desired distance in points. 

✅The trailing stop will adjust automatically according to market movements once set. 

Conclusion 

According to our research, top platforms combine advanced technology with easy-to-use interfaces, ensuring effective risk management for traders of all levels. These brokers excel in maintaining strong regulatory frameworks to protect trader funds and ensure fair trading practices. 

It is crucial to understand that even advanced platforms may face difficulties, like slippage in volatile market conditions, which could impact the effectiveness of trailing stop-loss orders.  

Moreover, we found that although these tools are essential for safeguarding profits and minimizing losses, depending only on automated orders may not be suitable for all trading approaches.  

After considering these factors, we can conclude that the best broker depends on your specific trading requirements, preferences, and risk tolerance. Therefore, it is crucial to conduct thorough research when choosing a broker. 

For more information on FXLeaders

Frequently Asked Questions

Why are trailing stop-loss orders important in forex trading? 

Forex trading can be unpredictable, making trailing stop-loss orders crucial. They assist in safeguarding your open positions from unexpected market shifts and enable you to secure profits as the trade advances. 

How do I set up a trailing stop-loss order? 

Each broker has a different procedure. Typically, you can add a trailing stop to an open position or place a trailing stop-loss order on your first trade entry. 

What factors should I consider when choosing a broker with trailing stop-loss orders? 

Consider brokers with dependable platforms, clear spreads and commissions, efficient execution speeds, and user-friendly trailing stop-loss features. Additionally, explore the educational materials provided by the broker on this strategy. 

Are trailing stop-losses offered by all forex brokers? 

Yes, trailing stop-loss functionality is commonly provided by reputable forex brokers. Nevertheless, the particular characteristics and user-friendliness can differ among brokers. 

Are there various kinds of trailing stop-loss orders? 

Yes, brokers can provide trailing stop-losses based on fixed distances or adjusted by a percentage of the current price. Some platforms may offer advanced trailing order options for more complex strategies. 

Are there fees associated with trailing stop-loss orders? 

Yes, trailing stop-loss orders are often not subject to additional costs from brokers. However, when your trailing stop-loss order is activated, the spread can somewhat expand depending on the state of the market.