Trade with Flexible Order Types and Time in Force options on OXFUN. The available order types are listed below.
Limit Orders
A limit order is an instruction to buy or sell an asset at a specific price or better.
Executed only if the market reaches the specified price.
Use to enter and exit positions at precise prices, controlling trade execution and slippage.
Can act as both Makers and Takers.
Time In Force
Limit orders can be placed with 5 different time-in-force parameters, each changing the order's behavior:
GTC (Good ‘Til Canceled)
Default time-in-force parameter.
Order remains active until matched or canceled.
Can execute as makers and takers.
IOC (Immediate or Cancel)
Buys or sells up to the desired price; if not fully filled, it gets canceled.
Always executes as takers.
FOK (Fill or Kill)
Fully matches for the entire size or gets canceled.
Always executes as takers.
Maker Only
Guaranteed to execute as makers.
Rejected by the matching engine if they would match as a taker.
Maker Only Reprice
Available via API.
Repriced to the best bid or ask if they cross the spread.
Guaranteed to execute as makers.
Market Orders
Instruction to buy or sell at the current market price.
Executed immediately, regardless of the price.
Useful for quick entry or exit, especially in volatile markets.
Always execute as takers.
Stop-Loss Orders
Used to manage risk.
Instruction to buy/sell if the price falls/rises beyond a set point.
Limits potential losses, protecting capital.
Can be placed as market or limit orders.
Stop Limit
GTC limit orders activated once the trigger price is met.
“Trigger price” sets when the limit order triggers.
“Price” sets where the limit order is placed.
Caps slippage but may not match in fast-moving markets.
Stop Market
Market orders activated once the trigger price is met.
“Trigger price” sets when the market order triggers.