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Launch App

Trigger Market

A market order that is placed only when the market reaches your trigger price.

A Trigger Market waits until the market reaches your trigger price. Then it places a market order that fills right away at the best available prices.

Use it when being filled matters more than the exact price once the level is reached, for example to get into a breakout for sure.

  1. Under Advanced, choose Trigger Market.
  2. Enter the trigger price.
  3. Enter the quantity and click Buy / Long or Sell / Short.

The waiting order is listed in Pending until it triggers.

  • The trigger watches the mark price.
  • After the trigger it is a market order: it fills for sure, but in fast markets the fill can be worse than the trigger price (slippage), and it pays the taker fee.
  • To close a position when a price is reached, TP/SL is usually the simpler choice.