How to complete KYC (account verification)
How to Deposit and Withdraw on Bifu
How to Place and Cancel Orders
How to Trade
Becoming a Bifu Introducing Broker (IB): A Three-Step Guide
How to join Bifu’s Position Bonus Campaign
How to Claim an Experience Bonus
How to Open the Credit Account
How to Copy Trade
Register with Bifu and start trading
Contact the Bifu customer support team
How to Transfer Assets on the Bifu Platform
How to Use the ORION Grid Strategy
How to Become a Signal Provider (Copy Trader)
How to Get New Users Rewards
How to Place and Cancel Orders
17/12/202506:36:19
Placing an Order
Placing an order on the Bifu platform is straightforward, ensuring accurate and convenient operations:
- Log in to your account Log in to your Bifu account via the website or mobile app.
- Go to the trading page Select the asset class you want to trade (e.g., Forex / Cryptocurrency / Commodities) and open the trading interface for the corresponding trading pair.
- Choose order type
- Market Order: Executed immediately at the current market price.
- Limit Order: Triggered and executed only when the market reaches your specified price.
- Set order parameters
- Enter the trading volume (lots or quantity).
- To limit or stop orders, enter the target price.
- Optional: Set Stop-Loss (SL) / Take-Profit (TP) levels.
- Review and confirm carefully check the direction (Buy/Sell), quantity, price, and SL/TP settings. Click "Buy Long" or "Sell Short" to submit the order.
- Monitor orders and positions View order status and position details in the Open Orders / Positions section of your account.
Cancelling an Order (Pending Orders)
To cancel a pending order:
- Go to the Orders page After logging in, navigate to the Open Orders (or Pending Orders) section.
- Locate the order Find the pending order you wish to cancel.
- Cancel the order Click the "Cancel" button next to the order and confirm the cancellation in the prompt.
- Verify the result Check the Order History / Trade History to confirm that the pending order has been cancelled or view the cancellation status.
Important Notes
- Market orders cannot be cancelled once executed. Please confirm all parameters before placing an order.
- Network stability: Ensure a stable network connection when placing/cancelling orders to avoid duplicate submissions or timeouts.
- Permissions and balance: Before placing an order, ensure your account has sufficient available balance and the corresponding permissions (margin/leverage settings, etc.).
- Time lag and delays: Slippage or delays may occur during periods of high market volatility. Trading risks are borne by the user.
- Encountering problems: If you encounter any issues or require assistance, please contact the Bifu customer support team via online chat or email.