On CEX.IO Spot Trading, you can use market, limit, and stop limit orders:
Market order - will be executed immediately at the best available market. Market orders cannot be canceled because they are filled immediately. Usually, Market orders are fully executed according to the requested amount.
However, Market orders can be partially filled due to the low liquidity or high volatility in the market.
Limit order - lets you set a minimum price for the order to execute (order will be executed at the specified price or better);
Stop Limit order - allows setting an order, which will transform into a Limit. When the price surpasses the predefined Stop Price point, the Stop Limit order becomes a Limit order.
We don't lock customers' funds for execution of Stop Limit orders. Instead, the system locks necessary balances at the moment when the market price reaches the Stop Price indicated by the customer. In case there are not enough funds in the customer's account, the order will be rejected.
The customer is responsible for ensuring enough balance for the execution of the placed Stop Limit order.
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