موقع تعليمي مستقل وليس خدمة رسمية لمنصة تداول

Execution controls

Order types

How order behavior changes cost and execution risk on the compared exchanges.

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Maker and taker are execution outcomes

A limit order is not automatically a maker order. If it crosses the order book and executes immediately, it can be charged at the taker rate.

Price control and execution certainty conflict

Market orders favor execution but surrender price control. Limit orders set a boundary but can remain unfilled. Stop orders add a trigger and therefore another condition to document.

Measure the completed trade

Compare the expected price with the volume-weighted average execution price, then add trading fees, funding where applicable, and the cost of closing or withdrawing.

Order typePrimary behaviorMain cost risk
MarketPrioritizes immediate executionUsually taker; spread and slippage can dominate
LimitSets a maximum buy or minimum sell priceMaker only if it rests on the book before execution
Stop-marketTriggers a market order after a conditionExecution price can differ materially in fast markets
Stop-limitTriggers a limit orderPrice is controlled, but the order may remain unfilled