Order Types

Marks supports a simple set of order types that give traders control over how they enter, exit, and manage positions.


Primary Order Types

  • Market Order - Executes immediately at the best available price.

  • Limit Order - Lets you choose the exact price you want to trade. The order will only fill if the market reaches your chosen price or a better price.

  • Stop Order - Triggers when the market reaches your stop price, and then executes as a market order. Used when you want an order to activate only after price moves through a specific level.

Position Management

  • Take Profit (TP) - Closes part or all of your position when the market reaches your target profit level.

  • Stop Loss (SL) - Closes part or all of your position when the market hits your protection level.

Good-Til-Cancelled (GTC)

  • All orders on Marks remain active until they are filled or manually cancelled.

Note: All conditional orders on Marks - Limit, Stop, TP, and SL - execute as market orders once their trigger price is reached, as long as there is sufficient liquidity. Final execution may differ slightly from the trigger price.

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