Limit order

✔ A limit order is an exchange order created at a fixed price. Learn how to create and place limit orders in the order book.

A limit order is an exchange order that is created at a fixed price.

Creating order

Order placement requirements:

1. Select "New Long" or "New Short"

2. Select Order type ( for example - L)

3. Enter price ( can be done on the graph)

4. Enter an amount or volume

5. Click "Open LONG"

Related references:

Customisable volumes

When placing a limit order, it can either add liquidity to the order book or match with existing orders, depending on the prices involved.

Limit Order Conditions in the Order Book

Note: Limit orders are subject to a price deviation restriction from the current market price (~5-10%). Orders with anomalously high or low prices will be automatically rejected.

Buying

Order price must be lower than the extreme selling price in the order book

Selling

Order price must be higher than the extreme buying price in the order book

Limit order conditions for market price execution

Buying

Order price must be higher than the extreme selling price in the order book

Selling

Order price must be Lower than the extreme buying price in the order book

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