Thank you all for your comments and thoughts. I went through the...

Thank you all for your comments and thoughts. I went through the 44 pages of their Product Disclosure Statement and found this paragraph,

"You should note that your Order may be executed irrespective of the length of time for which your Order is reached or exceeded. In volatile markets our quote might ‘gap’ through your Order level, so that the closing level (which still limits your loss) or
the opening level may be beyond the exact level specified by you."

I know we should read every little detail and make sure we know what we are doing before putting our hard earned money on the line. I used their platform in demo mode for 8 weeks altogether by using different log on names, Never in all the trades that I did, did they enter me into the market at anything other than the prices, stops and limits I set.

I see I will need to be a lot more mindful in future to limit more silly losses like this one today, cfd's still look attractive to me, but as new_trader1984 said, maybe the dma platform is a better way to go.

tony