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Trade Tab - Order Types

On Lif3 Trade you got three different ways of interacting with your trades through different order types.

Order Types:

  • Market 
  • Limit
  • Trigger

Market Order: 

A market order is an order to instantly buy or sell at the best available price.

Limit Order:

A limit order is an order you place on the platform with a specific limit price. It will only be executed if the market price reaches your limit price. 

Trigger Order:

Take-profit and stop-loss orders can be set after opening a position.
There will be a "Close" button on each position row, clicking this will display the option to set trigger orders.

 

For a visual walkthrough, see the video below:

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