Are you trading with overseas forex brokers and struggling with issues like "orders not being executed at the desired price" or "difficulty with scalping"? One of the reasons for this is the "stop level." Stop levels vary from broker to broker, and choosing one without comparing them can lead to missed profits or increased losses. ■What you will learn from reading this article After reading this article, you will be able to choose a broker that suits you and develop the judgment to trade efficiently and safely. If you are new to overseas forex trading, we recommend that you read the Complete Guide to Overseas Forex Trading for Beginners. Contents 1 What is a stop level in overseas forex trading? 2 Why you need to compare stop levels in overseas forex trading 2.1 It's easy to miss out on profits and increase losses 2.2 There's a risk of choosing a broker that doesn't suit your trading method 3 Advantages of a narrow stop level in overseas forex trading 3.1 It's easier to execute orders at your desired price 3.2 It's advantageous for scalping 3.3 You can maximize the performance of your EA 4 How to check the stop level in overseas forex trading 4.1 For PC version MT4/MT5 4.2 For smartphone version MT4/MT5 5 Points to consider when choosing an overseas forex broker with a narrow stop level 5.1 Choose a broker that displays zero stop level 5.2 Check the conditions for each currency pair 5.3 Identify differences by account type 5.4 Match your trading style 6 Overseas forex broker stop level comparison list 7 Top 3 recommended overseas forex brokers with narrow stop levels 7.1 XM | Zero stop level for all currency pairs 7.2 Exness | Effectively zero limit, flexible support for EAs and high-frequency trading 7.3 FXTM | No stop level for all account types 8 Frequently asked questions about stop levels in overseas forex trading 9 Summary | This article explained why you need to compare stop levels in overseas forex trading and provided a comparison list. What is a stop level in overseas forex trading? A stop level is the minimum distance from the latest market price at which you can set limit orders or stop orders. This value is set independently by each overseas forex broker and greatly affects the freedom of trading. Let's explain using the example of entering a trade at 150.00 yen. With a broker that sets the stop level at 10 pips, you can only set orders from a position 10 pips (0.10 yen) above or below the current price. In other words, you can only place new limit or stop orders above 150.10 yen or below 149.90 yen. On the other hand, with a broker that sets the stop level to zero, you can set orders close to the current price. You can even place orders at positions as small as 1 pip away, such as 150.01 yen or 149.99 yen. This difference is especially important for traders who engage in short-term trading, as it directly affects the timing of profit taking and stop-loss orders. Why you need to compare stop levels in overseas forex trading Choosing an account in overseas forex trading without checking the stop levels can have a significant impact on your trading results. This is because the numerical settings differ from broker to broker, and this directly affects your profits and losses. A narrow setting makes it easier for orders to be executed at a price close to your desired price, allowing for efficient trading. However, if you choose a broker with a wide setting, you risk missing out on profits because you may not be able to place orders at your target price. For traders who want to make profits by effectively using their limited time as a side job, this difference cannot be overlooked. It is essential to compare stop levels and choose a broker that suits your trading style. Easier to miss profits and increased losses Using a broker with a wide stop level means you often miss opportunities because you cannot place orders at your desired price. For example, you may want to set your take-profit or stop-loss in 1-pip increments, but in some cases, you cannot place an order unless it is several pips away. If the market reverses during that time, you will lose the profit you would have earned, and your losses will increase instead. This difference has a significant impact on your win rate and profit margin, especially in short-term trading and scalping. Even with automated trading using EAs, failure to operate as intended can cause strategies to break down. Neglecting comparisons can lead to missed opportunities for profit accumulation and an increased risk of losses. There is a risk of choosing a broker that does not suit your trading method. The importance of stop levels varies depending on the trading method. ... Continue reading Why is it necessary to compare stop levels in overseas FX? Comparison list also introduced