Order types
Last update 14/05/2023
Terminal can create both real (exchange) and virtual orders, which place a real order based on trigger conditions.
R (Real) - all exchange types + Floating orders
V (virtual) - places an exchange order (Limit, Float, Market) when the trend hits a trigger price.
When executing a Limit order from the order book at a later time, the Maker commission is charged.
Example of using a Limit order to buy below the extreme selling price.
Taker fee is charged when orders are filled in the order book.
Examples:
- 1.Market order
- 2.In case a limit order (e.g. buy 100) is executed at market price due to the presence of an opposite direction order in the order book, the transaction will incur a Taker fee.
Last modified 4mo ago