# How to Apply for a New Installment Plan on the iFlux Global Website? There are two main types of orders when applying a new installment plan on iFlux Global: * **Market orders** * **Limit orders** ***Note: 12 hours after the time the installment is activated, the first amount of tokens will be unlocked, and you can claim them to your account instantly.*** ## How to apply the new installment plan **Step 0:** Log in to your iFlux Global account and access the Installment feature.

**Step 1: Select Token** Select your desired token type and enter the amount.

Select the token you want to use for payment. You can open an installment with the Market price or set a Limit price to enter your desired rate.

**Step 2: Setting Take Profit/Stop Loss** (optional) * You may choose to set only a Take Profit level, only a Stop Loss level, or both at the same time. * Take Profit price must not be lower than the Stop Loss price

Click the **\[Next]** button to continue

**Step 3: Select an installment plan** Drag the bar to change the percentage of Upfront Payment.

Select the installment term that suits your repayment plan.

Enter a valid **promo code** (if available), then click **Apply** to activate it for your current installment purchase.

**Auto Pay** is enabled by default when the contract is opened. You can disable it by switching off the toggle.

Click the **\[Next]** button to continue.

**Step 4:** Check all the details of your installment plan and submit. Note: 1. You cannot create installment contracts that result in a fully offsetting position. 2. You can only start a new installment contract if your total account balance (in USDT) exceeds the total upfront value of all active contracts, which fluctuates based on the market price of the upfront payment token.

**Step 7:** If you open a new installment with a Limit Order, your installment will appear under the **\[Order Installment]** tab and activate automatically when the token hits your set price. You can cancel it before activation to get a full refund of your upfront payment.

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