Market Order
Executes immediately at the best available price on the order book.
Price may experience slippage if the order exceeds available liquidity at the bid or ask.
Limit Order
Executes at your selected price or better.
Limit orders may fill immediately or partially. Any unfilled portion remains on the order book until filled or canceled.
Limit Order Tools
Chase
Re-prices an existing limit order to the current best price.
Buy (long): moves to the best bid
Sell (short): moves to the best ask
One-time update per click; does not continuously follow the market
Order Controls
Options that control how a limit order behaves after it is placed.
Reduce Only
Restricts an order to reducing an existing position.
Cannot increase exposure
Cannot flip position direction
Orders that would increase size are rejected or reduced
Time in Force
Controls how long a limit order remains active.
Good ’Til Canceled (GTC): Remains active until filled or canceled.
Immediate or Cancel (IOC): Attempts to fill immediately. Any unfilled portion is canceled and does not rest on the book.
Post Only (ALO)
Ensures an order does not take liquidity.
Must rest on the book as a maker order
Rejected if it would execute immediately
Applies only to limit orders, including limit-based TP/SL
Conditional Exit Orders (TP / SL)
Orders that automatically exit a position when a price condition is met.
Take Profit (TP)
Triggers when the take-profit price is reached.
Stop Loss (SL)
Triggers when the stop-loss price is reached.
By default, TP/SL execute as market orders
Final execution price depends on available liquidity