The minimum distance refers to how far your pending order, Take Profit, or Stop Loss must be set from the current market price. At Moneta Markets, this distance depends on the instrument you’re trading and ensures that orders are placed at realistic, executable levels.

 

On MT4/MT5, this is known as the Stop Level. You can check the Stop Level for each instrument in the Product Specifications on your platform. Setting orders closer than this distance may result in the platform rejecting the order.