How to place and manage orders
How to place an order
To place an order, navigate to the Trade page of your account:
- Choose the asset that you wish to trade
- Select order parameters: such as your collateral currency to be used as margin, order type, quantity (size) of your order, leverage, and in the case of a Limit or Stop order - the limit or stop price and you
- Place your order by clicking BUY or SELL to place a long or short order respectively.
Your active orders will be reflected in the ‘Active Orders’ section of the Trade interface
Once an order is executed it will be filled and a corresponding position will be opened. All open positions can be managed from the ‘Open positions’ section of the Trade interface.
Note: An ‘Instant orders’ option can be enabled in the account Settings menu. This feature allows traders to place and manage orders more quickly by removing all order confirmation windows:
While 'Instant orders' is enabled, orders will be placed immediately upon clicking BUY or SELL buttons in the order placement module, without any additional confirmation windows, taking into account the order parameters set at the time.
It is important to exercise care when using this feature to avoid placing accidental orders.
How to Cancel an Active Order
All currently active orders are reflected in the ‘Active Orders’ section. This section allows traders to review and cancel any active, unfilled orders.
To cancel an active order, simply click the (X) under the order that you wish to cancel and click Close Limit or Close Market to close the position via a limit order or a market order respectively: