Guaranteed stop loss acts as a stop loss tool that protects you from the risk of a catastrophic loss or price gap on your current trade. It allows you to close a position at a set price without incurring a major loss.
The guaranteed stop-loss fee is calculated by multiplying three parts: the guaranteed stop-loss premium (percentage), the opening price and the quantity. The formula is as follows:
GSL fee = GSL premium * opening price * quantity
you can view the GSL specific cost of a trade order when opening a position and adding a GSL.
