Difference between market and pending orders

Zuperior offers two primary order types:

1. Market Execution

   • Executes immediately at the current market price.
   • Use this when you want to enter a trade right now.
   • Subject to the current spread and slippage.

2. Pending Orders

   • A conditional order that waits for the price to reach a specific level before triggering.
   • Buy Limit / Sell Limit: Enter below/above current price.
   • Buy Stop / Sell Stop: Enter above/below current price.

How to set a pending order:

• Open the New Order window in the terminal.
• Select Pending Order from the execution dropdown.
• Set your desired price level and volume.
• Click Place to schedule the trade.