01 / What you'll learnA pending order waits for a chosen condition or price before requesting execution.
Choose condition→Wait→Broker checks
Illustrative example: one step at a time, then check the broker's official contract details. 06 / Explain it simplyWhat is a Pending Order?
A pending order waits for a chosen condition or price before requesting execution.
07 / Everyday exampleYou tell a shop, 'Call me if the price reaches $90.' The request waits instead of buying now.
08 / MT5 exampleMT5 offers several pending order types. Learn the exact trigger rules from the broker's official documentation.
DEMO ACCOUNTWhat is a Pending Order?
Practice with Virtual money. No live order is required.
- 1Open your demo account
- 2Choose a symbol
- 3Open the order window
- 4Find the relevant field
- 5Enter a practice value
- 6Review before submitting
09 / Key takeaways- Pending orders wait for a rule.
- A trigger does not remove market risk.
- Order types can differ by symbol and broker.
10 / Common mistakeThinking a pending order guarantees a fill at the exact requested price.
Mini quizWhen does a pending order wait?
Quiz progress is saved with this lesson when you mark it complete.