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Order Types

Wick supports multiple order types, giving you flexibility and control over how trades are executed.

chevron-rightMarket Ordershashtag

A Market Order executes immediately at the best available price.

  • Best for: Quick entries and exits.

  • Note: Execution is guaranteed, but the price may vary slightly depending on liquidity.

chevron-rightStopshashtag

A Stop Order triggers a market or limit order once a specific price is reached.

  • Best for: Entering trades after confirmation or cutting losses quickly.

chevron-rightTake Profit (TP) & Stop Loss (SL)hashtag

These are protective orders linked to your position.

  • Take Profit (TP): Automatically closes your trade once your profit target is reached.

  • Stop Loss (SL): Automatically closes your trade if losses hit a certain threshold.

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