We will go over the major distinctions between the border and the stop order, how they are related to other types of orders in MT5, and how to use them as a prop firm trader.

Why Understanding Limit vs. Stop Orders Matters in Prop Trading

Prop firms demand strategy, stability, and effective execution. The order type you have chosen has a direct impact on your performance, whether you are trading with a 1:100 leverage account or controlling the risk with a firm-set drawdown boundaries. 

Can choose between a stop order and a boundary order: you can find out if you are filled at a favorable price. Help you enter strategic pullbacks or breakouts. Make sure you follow the guidelines of the trading plan for your prop firm. 

• Spread the slippage to minimize, especially when volatility is higher. 
• Knowing when and why to use these orders, if you are serious about day trading in a prop firm, is important as your entry signal.

Overview of Pending Orders in MT5

Four main pending orders are divided into two types of orders in MT5:  

Limit Orders 

Purchase limit: Purchase at a discount at the rate of leaving. 

Sell border: Sell for more than the rate of leaving. 

 Stop order

Purchase Stop: Purchase at a higher price than the rate of leaving. 

Sell stop: Sell below the Going Rate. Although they are all classified as the MT5 order type, each has a separate trading function.

What Is a Limit Order?

You can enter the market at a low price which is currently presented by ordering a limit. In short, you are saying: “I want to enter, but only when the price reaches this particular level.” 

Use the case for props trading:

Suppose you are trading a Eur/USD pullback. The market is currently at 1.1020, but the support area of 1.1000 is the place where you should buy. At 1.1000, you set a purchase limit. If the value takes a dip there, the order executes – gives you a better entry.

Pros:

• Improved price entry 
• Helps prevent many payments or selling very soon.

Cons:

• There is no assurance that it will fill. 
• If the price does not return to the level, no one can miss a step.

What Is a Stop Order?

When the market reaches a particular level, a stop order enables you to enter with speed. It is then employed when you want to confirm before entering that the price is moving in a specific direction.

Use Case in Prop Trading:

Suppose you are estimating a breakout above 1.1050. 1.1020 is the current value. At 1.1051, you set a purchase stop. Once the order reaches the price or crosses that level, the order becomes active, so that you can benefit from the breakout.

Pros:

• Confirmation of speed 
• Perfect for the following or breakout strategy 
• You do not need to sit and monitor the chart.

Cons:

• Slippage can be an issue in markets that move quickly. 
• The cost of entry may be reduced.

How to Place Limit and Stop Orders in MT5

1. Right-click on F9 or the chart to open a new order window in MT5. Under the “order type”, select the pending order. 
2. Choose the type you like best: Buy boundary/sell border 
3. Purchase stop/sale stop. Input your entry price, volume, and, if you want, input your level benefits and stop-loss. 
4. Press the place. When the value you have specified is hit, the business is automatically started.

Prop Firm Tips: Limit and Stop Orders in Action

• First, Risk Management. A stop loss should always be attached to any pending order. This requires funding and the evaluation rules of many prop firms. 
• Use a price alert. Use an MT5 alert at major levels to evaluate before admission. If you are not sure whether or not it is committed to a pending order.  
• Test your entry argument again. Determine whether your setup works better with pullback entries (boundary) or speed confirmation (stop) when using a prop firm day trading strategy. 
• Clear to chase the border. If the market is trending quickly, do not keep your range orders upwards to “catch”. Most prop firms will be flagged as emotional trade.

Final Thoughts

If you talk about MT5 order types, you have more strategic flexibility if you understand the difference between the border and the stop order. You should maintain your composure, discipline, and efficiency as a prop firm day trader, and select the appropriate order type AIDS to achieve all three objectives. You can get a better price on retracement with limit orders. When it comes to a breakout, stop the orders. Give you confidence. If you can master both, you will have a significant benefit in any market. 

Pro Tip: One-click trading with integrated SL/TP is possible on many best prop firm MT5 platforms. To cut execution errors and save time, set a predetermined template for the boundary and stop order.

We sat down with Max for an exclusive interview to uncover what sets CTRPro apart, how such consistent performance is achieved, and why more Canadians are turning to CTRPro for reliable, trustworthy financial guidance.

Max, Zoe Mitchell’s 95% win streak is one of the most talked-about success stories in recent memory. How did this come together?

Max Albert Neuman: Zoe’s journey is a reflection of what’s possible when talent meets a reliable system. At CTRPro, we provide a platform that fuses data-backed AI analysis with human intelligence. Zoe came in with a solid understanding of risk, but what she lacked was structure and consistent strategy. Together, we worked on optimizing her trading plans based on CTRPro’s indicators.

We’ve developed unique risk filters and precision timing tools that have been refined over the years. Zoe applied those tools with discipline. Her 95% win rate wasn’t luck—it was the outcome of calculated, informed decisions powered by CTRPro’s technology and support.

What would you say makes CTRPro such a trusted name in Canada’s trading community?

Max Albert Neuman: Trust isn’t built overnight—it’s earned through performance and transparency. CTRPro is built on reliability. Every client has access to tailored advice, a robust platform, and the latest AI-assisted analytics. We don’t just throw data at you—we walk through it with you.

Our reputation comes from delivering consistent returns and being accountable during market turbulence. Whether clients are just getting started with $5,000 or managing portfolios over $500,000, they all receive the same high-level treatment and attention to detail. That’s what sets us apart—and it’s why we’re growing fast across Canada.

What advice do you give to clients who are looking to replicate Zoe’s success or simply grow their portfolios safely and consistently?

Max Albert Neuman: The key is discipline and partnership. Success like Zoe’s doesn’t happen in isolation—it requires consistent communication and the willingness to follow a tested strategy. I always advise clients to set realistic goals, manage risk smartly, and lean on our resources. CTRPro isn’t just a trading platform—we’re a team of experts backing each client.

Don’t chase trends blindly. Instead, understand your portfolio, trust the system, and stay focused. We’re here to support growth not just for a week or month, but sustainably over time.

Why CTRPro Is Gaining Ground Across Canada

Canadian investors are increasingly choosing CTRPro as their go-to trading partner—and for good reason. The platform has built its name on transparency, personal service, and real results.

Clients don’t just get access to cutting-edge technology—they get a dedicated account manager, in-depth performance reports, and strategies tailored to their risk tolerance and financial goals.

What Clients Are Saying About CTRPro and Max Albert Neuman

Client Testimonial #1: “Working with Max changed the game for me. I had been trying to trade on my own for over a year with mixed results. With CTRPro and Max’s guidance, I saw my account grow by over 40% in just five months. The support, clarity, and constant communication gave me the confidence to finally take control of my finances.”

Client Testimonial #2: “I’m a full-time teacher and don’t have hours to study charts. Max and CTRPro simplified everything for me. My trades are smarter, my profits are real, and I never feel like I’m going it alone. The 24/7 access to updates and advice makes a huge difference.”

Client Testimonial #3: “I’ve tried other platforms before, but CTRPro is on another level. Max genuinely cares about my success. He helped me grow a small investment into something that now supports my side business. I trust CTRPro completely—and I don’t say that lightly in this industry.”

Conclusion: Trust, Results, and Reliability—The CTRPro Standard

Whether you’re a first-time investor or someone with years of experience, CTRPro offers something truly different: a dependable, performance-based trading ecosystem backed by real professionals like Max Albert Neuman. The success of clients like Zoe Mitchell shows what’s possible when innovation and support come together.

The road to financial freedom doesn’t need to be overwhelming—CTRPro has the tools, the team, and the track record to help you succeed. And as the Canadian market becomes more dynamic, having a trusted partner like CTRPro could make all the difference.

Visit https://ctrpro.net to learn more or get matched with an account manager like Max Albert Neuman today. Your success story could be next.