Finandy Docs
English
Finandy Docs
English
  • 📈Manual trading
    • Create order/grid
      • Single order
      • Order grid
      • Fibonacci grid (levels)
      • Order types
        • Limit order
        • Floating order
        • Market order
        • Stop order
        • Trailing order
        • Virtual order
      • Customisable volumes
    • Stop Loss (SL)
    • Trailing Stop (SLX)
    • Take Profit (TP)
    • Settings templates
    • Trade Reports
  • 🖥️Interface
    • User Interface
    • Chart
    • Position list
    • Signal log
    • Other blocks
      • Position settings
      • Market (currency pairs)
      • Order book
      • Notifications
  • 🤖Algo-trading
    • TradingView Signals
      • Signal interface
        • Open position
        • Averaging (DCA)
        • Close / Reverse
        • Stop Loss (SL)
        • Trailing (SLX)
        • Take Profit (TP)
      • Connection and configuration
        • Connecting the TradingView indicator or strategy to Binance / OKX
        • Position opening
        • Position Averaging
        • Closing Position
        • Position Reversal
        • Hedging
      • Signal processing logic
      • Signal testing
      • Signal copying
      • Controlling an option in the signal
      • Update settings by signal
      • {{Placeholders}}
      • Common errors
      • FAQ
  • 🌀Copy trading
    • I want to signal (copy trading Binance)
    • I want to copy trades (copy trading Binance)
  • ⚙️Settings
    • Account
      • Profiles
      • API Keys
      • 2FA
      • Telegram Bot
      • Change password
      • Secret word
      • Sessions
      • Account restart
    • Settings
      • Interface
        • General settings
        • Order creation panel
        • Stop loss (SL)
        • Trailing (SLX)
        • Take Profit (TP)
      • Trading
        • Position price calculation
        • Position PNL Calculation
        • Position Reversal
        • Position Closing
        • Auto-switching from Limit to Stop order
        • Floating order
      • Chart
        • DCA´s Average line
        • TP´s Average line
        • Show/hide orders on chart
    • Others
      • Functions
      • FAQ
      • Desktop app for MAC
      • Error codes and solutions
  • 🏛️Trading platform
    • OKX (via API-key)
    • Finandy (exchange)
      • Deposit
      • Transfer between markets
      • Liquidity
      • Withdrawals
      • Trading Fees
      • Account verification
      • API keys
      • About futures
        • Trading Rules
        • Leverage and Margin
        • Differences Between a Perpetual Contract and a Traditional Futures Contract
        • Mark Price in USDⓈ-M futures
        • Liquidation
    • Binanсe (via API-key)
      • Trade via API
      • Adding an API Key
  • 💲Earn
    • Finandy Referral Program
      • Token Bonus
  • 📖Legal
    • Whitepaper
    • Roadmap 1.0
    • Roadmap 2.0
    • Finandy Futures Agreement
    • AML Policy
    • Term of use
    • Chat Rules in Telegram
    • Сopy trading terms of use
    • Disclaimer (FIN token)
    • Privacy Policy
Powered by GitBook
On this page
  • ​Buying
  • Selling
  1. Manual trading
  2. Create order/grid
  3. Order types

Market order

✔ Description of how to use market orders on Finandy to instantly execute buy or sell orders. Understanding how market orders work.

PreviousFloating orderNextStop order

Last updated 10 months ago

To execute a market order, enter the order amount or volume without specifying a price.

​Buying

Once a market buy order is placed, the exchange will execute the sell orders (ASK) from the order book, starting from the farthest order until the market order is fully filled.

Selling

Once a market sell order is placed, the exchange will execute the buy orders (BID) from the order book, starting from the farthest order until the market order is fully filled.

A Market order execute orders in the order book (reducing liquidity) and incurs a Taker commission of 0.05% in the Futures market.

Do you have any questions? We can help you in our Telegram chat.

📈
Finandy Exchange + Binance trading terminalTelegram
Logo