Last updated: 8 October 2026. Every screenshot below was recorded on 5 October 2026 on an IQ Option Practice account registered in Brazil, with Practice money only. We placed a forex pending order on EUR/USD and cancelled it before it filled: nothing was deposited or paid.
A forex pending order on IQ Option is an order that waits for a price. You type the price you want in the Price field of the margin order panel, click BUY AT or SELL AT, and IQ Option opens the position when the price reaches that level. The take profit and stop loss you set in the panel travel with it. This guide shows each screen of a $1 EUR/USD order at x1000 leverage, from the order panel to cancelling the order.
Quick answer
- What it is: an order that opens a margin position by itself when the price reaches a level you type in the Price field.
- Our test: EUR/USD, $1, x1000 leverage, BUY AT 1.1190 while the market was about 1.1210, on a Practice account.
- Confirmation: “Pending order created. Buy EUR/USD spending $1 at the level of 1.119.”
- Details card: open price, investment, leverage, volume, pip value and swap (-$0.02 for our order).
- Find and cancel: Pending Isolated Margin tab of the positions panel, Cancel then Confirm.
- Not tested: the order filling, changing a pending order, and SELL AT.
What is a forex pending order?
A market order opens a position at once, at the price on the Buy or Sell button. A pending order opens one later, if and when the price reaches your level. IQ Option’s help text for the Price field says: “The market price is the current price of the asset. To open a position at a certain price, please enter it in this field and place a pending order. The position will be automatically opened when the price reaches this level.”
A simple example of when people use one: you have marked a price on the EUR/USD chart where you would want to buy, the price is above it now, and you do not want to watch the screen until it gets there. The order may also never trigger, if the price turns before it reaches your level.
How to place a forex pending order on IQ Option
Open EUR/USD from +, Margin, Forex (the steps are in auto closing on IQ Option). The numbers in each screenshot show the click order, and the same numbers are used in the text.
Step 1: Set the amount, leverage, take profit and stop loss
The order panel has Invest (1), Leverage (2), TP (3), SL (4) and Price (5). We used $1, x1000, TP +50.00% and SL -25.00%. IQ Option’s help icons explain them: Invest, “Enter the amount you would like to invest”; Leverage, “The multiplier is a coefficient that allows you to increase by several times both the potential profit from the investment and the level of risk”; Volume (here 1000), “The total trade volume calculated as the investment multiplied by the leverage”. The help icons of TP and SL show the same sentence: “This setting allows you to set profit levels, upon reaching which your position will be automatically closed. If this option is enabled, you will no longer need to constantly monitor the market.”
Step 2: Type the price
Click the Price field (1) and type the level. We typed 1.1190, below the market of about 1.1210. A Pending label with a cross appears under the field (2), and the buttons become BUY AT (3) and SELL AT (4) with your price on them.
Step 3: Click BUY AT
We clicked BUY AT because the level was below the market and we wanted to buy there. IQ Option answered with a notification: “Pending order created. Buy EUR/USD spending $1 at the level of 1.119. Your position will be automatically opened when the specified price is reached.”
Step 4: Read the Details card and the chart
A Details card shows what the order will be: Open Price 1.11900, Investment $1, Leverage x1000, Volume $1,000, Pip Value $0.09 and Swap -$0.02. Its note says: “Your position will be automatically opened when the price reaches this level.”
On the chart the order is a dashed line at the chosen price, labelled 1.11900 (1). The white label at the right edge (2) is the current price, about 1.12106. The TP and SL labels higher up belong to another $1 position that was open on the same chart; they are not part of the pending order.
Step 5: Find the order in the positions panel
Click Total portfolio in the left sidebar, then Show positions at the bottom right. A pending order is in the Pending Isolated Margin tab (1). Its row lists the invested amount, the entry price (2), the current price, the Take Profit (+$0.50, which is 50% of $1) and the Stop Loss (-$0.25).
Step 6: Cancel the order
Click Cancel (1) in the row, then Confirm. A Cancel all button is at the bottom of the panel. After we confirmed, the tab said “You have no pending positions yet” (1).
Buy below or above the market: the usual names
These are general market terms, not labels in IQ Option’s panel, which shows only BUY AT and SELL AT. We tested only BUY AT below the market.
| Order | Level compared with the market | Common name |
|---|---|---|
| BUY AT | Below the current price | Buy limit |
| BUY AT | Above the current price | Buy stop |
| SELL AT | Above the current price | Sell limit |
| SELL AT | Below the current price | Sell stop |
What we did not see
- The order filling. The price did not reach 1.1190 before we cancelled, so we cannot show the moment the position opens.
- Changing a pending order. We did not test it. We did change the take profit of an open position with the pencil button.
- SELL AT. We did not place a sell order.
- A start-time field or a trailing stop. The order panel and the TP and SL windows had only the fields shown above.
- Options. The options panel (Invest, Expiration, Profit, Higher, Lower) has no Price field.
Related guides
- How to open a position automatically, including the “Open positions without confirmation” setting.
- Auto closing with take profit and stop loss.
- What is leverage.
Frequently Asked Questions
Q: How do I place a pending order on IQ Option?
A: In the margin order panel click the Price field, type the price you want, then click BUY AT or SELL AT. IQ Option answers “Pending order created”.
Q: Where can I see my pending orders?
A: In the Pending Isolated Margin tab of the positions panel. Each row has its entry price, take profit, stop loss and a Cancel button.
Q: How do I cancel a pending order?
A: Click Cancel in its row, then Confirm. The tab then says “You have no pending positions yet”.
Q: Does a pending order keep my take profit and stop loss?
A: Our order showed the TP and SL from the panel in its row: +$0.50 and -$0.25 on a $1 order.
Q: Can I use pending orders on options?
A: We did not find them there. The options panel has no Price field.
Q: Can I use a pending order on stocks or crypto?
A: We tested forex only. Open the asset on a Practice account and check whether its order panel has the Price field.
