Executes at the next available price. No price specified — you get the best fill available when your order hits the exchange. Use it when getting filled matters more than the exact price. Fastest way in or out.

Sets the worst price you'll accept. Limit buys go below current price. Limit sells go above it.

Price execution over speed. Trade-off: the market has to trade through your price — not just touch it. You might not get filled. Partial fills happen. Order stays in the book until it's filled, canceled, or expired.

2 orders linked. 1 fills, the other cancels. Instantly. Primarily used as bracket orders — a stop and a limit wrapping your position. Cap the loss, lock in the gain. Trade management on autopilot.

2 orders linked. 1 fills, the other submits. Combine with OCO to fully automate your exit once the entry fills. Entry triggers → exit bracket deploys. No manual intervention needed.

3 main drivers: volatility, liquidity, and market gaps.

Platform risk tools require the system to detect a threshold breach, generate an order, and send it to the exchange. That process takes time. Even under normal conditions, exact price execution isn't guaranteed — a millisecond difference can change the outcome. In volatile markets, the gap can be more significant. This is expected behavior. Build it into your risk planning.

No. The Personal Daily Loss Limit monitors your unrealized P&L and triggers when your threshold is crossed. A stop loss is a resting order already waiting at the exchange. Relying on your loss limit as your primary exit means you may not get out where you expect. Always use a stop loss to manage position-level risk. Your Personal Daily Loss Limit is a backstop — not a replacement.

Stop-Limit is desktop only. Use Stop Market on mobile instead.

Slippage can push your account past your Maximum Loss Limit faster than you expect. When that limit is hit, the system automatically liquidates your position. Build slippage into your risk planning.

OCO stands for One Cancels Other. You place 2 orders simultaneously. When 1 fills, the other automatically cancels. Traders use it as a bracket — 1 side for profit target, 1 for stop loss.

Only with limit orders — but limit orders risk not getting filled if price doesn't reach your level. It's a trade-off: price certainty vs. fill certainty.

Yes. Buy orders fill higher than expected; sell orders fill lower than expected.

Not reliably. Stop Limit Orders can avoid slippage but aren't guaranteed to fill — leaving you with open risk. Stop Orders are the better protection for most situations.

To minimize slippage:

Slippage occurs in both simulated and live trading across all financial markets — stocks, forex, futures, and crypto. Simulated platforms model real market conditions, including slippage, to keep the experience realistic. It's most common in low-liquidity markets or during high volatility.

Stop-loss orders convert to market orders when the stop price is hit. Market orders guarantee a fill, not a price — so in fast-moving markets, your execution price may differ from your stop price, leading to larger-than-expected losses.

Slippage can happen anytime, but it's most likely around:

​Why wasn't my order filled?

Low liquidity or high volatility can make it hard to find a match at your price. Limit orders especially — if the market doesn't trade through your price, you don't get filled. Check time and sales data to see what the market was doing at the time.

It blew past my stop!

Slippage. In fast or volatile markets — gaps, major economic releases, sudden imbalances — your stop triggers but fills at the next available price, not the stop price. It's not a malfunction. Review your stop placement and size for high-volatility conditions to make sure they match your actual risk tolerance.