Sell Order
An instruction to sell a currency pair, opening a short position.
Full Definition
A sell order instructs your broker to sell the base currency in a pair, opening a short position. You profit when the price falls below your entry. Sell orders can be executed at market price instantly or placed as pending orders (sell limit, sell stop) to trigger at a future price. In forex, selling is as straightforward as buying since every trade involves selling one currency to buy another.