Market order
Executes immediately against the best available prices.- Advantage: fast execution.
- Trade-off: execution price is not guaranteed and may be affected by slippage.
Limit order
Executes only at the specified price or a better price.- Advantage: precise price control.
- Trade-off: execution is not guaranteed.
Advanced limit order
Additional execution instructions can be applied to limit orders:- GTC: remains active until fully filled or cancelled.
- IOC: executes immediately and cancels any unfilled quantity.
- FOK: must fill completely at once or be cancelled.
- Post Only: can only be added to the order book as a maker order; otherwise it is cancelled.
Order management
Open orders and positions can be reviewed from the trading interface.- Filter by market, order type, and status.
- Amend or cancel eligible open orders.
- Close all or part of an existing position.