πOrder Types
Market
An order that executes immediately at the current market price.
Limit
An order that executes at the selected limit price or better.
Take Profit/Stop Loss (TP/SL)
TP/SL orders close your position when a define profit or loss has occurred on your position.
Stop Market [COMING SOON]
A market order that is activated when the price reaches the defined stop price.
Can be used for breakout trades
Also used to help limit losses and lock in profits
Stop Limit [COMING SOON]
A limit order that is activated when the price reaches the defined stop price
Similar to Stop Market, but will only executed the trade up to a pre-defined price to ensure good entries.
Scale [COMING SOON]
Multiple limit orders in a set price range.
Can place orders evenly within the price range
Can skew the orders so more orders are placed close to the starting range price
Can skew the orders so more orders are placed close to the ending range price
TWAP [COMING SOON]
A large order divided into smaller suborders and executed in time intervals that you define. TWAP suborders have a maximum slippage of 3%.
Last updated