easyMarkets a Cyprus established firm broker which started its operation back in 2001 and was one amongst the broker to offer online trading at their developed user-friendly platform, has Launches a New easyTrade Feature – ‘Payout Target’
Payout Target means a mean a target Award amount denominated in dollars established and determined by the Committee for each Participant for each Plan Year pursuant to this Plan.
easyMarkets, A forex brokers with thousands of users is therefore delighted to announce the launch of a brand new easyTrade feature – Payout Target to the public
What is their Payout Target？
easyMarkets Payout Target feature allows its traders/ users to automatically close their position once it reaches a pre-defined price – and the price can be below or above the original entry price ot it just depends on the direction.
And this is optional, like Whether you want to automatically benefit from a trade or wish to reduce the potential losses if the markets doesn't move according to your wisha, therefore using easyMarkets Payout Target is a great solution.
EasyMarkets doesn't charge any extra fees for introducing this new feature, and also no restrictions to any of their clients, therefore any user interested is allowed to use It when ever they trade.
Take note that, as a user, you can only use the Payout Target while modifying an already existing open position for trade
While Commenting on this new feature introduced by easyMarkets, Alexander St Louis, the CIO at easyMarkets stated that
Continuing their stable and steady duty to offer the best possible trading experience, and at the needs or demands of their clients, they come up with the oriented Payout Target to help their traders automate their easyTrade trading.
He further said, Before now, their clients doesn't have that chance, rather they had to either manually close their trade position, or wait until their position expires automatically in 1, 3, or 6 hours. But with this new improvement now , their clients can quickly close their position at their desired position or once certain conditions of the trades are met.
Therefore they are always looking for ways to further improve their products, and the addition of Payout Target will surely enhance their traders experience.
Below is the guide on How to use the easyMarkets Payout Target tool.
Clients can now start trading with Payout Target on their easyMarkets Web Platform and iOS and Android mobile apps. If you have any questions regarding this new feature, please get in touch with easyMarkets customer support team and theyll be happy to assist you in getting your questions answered.
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