How Do Pluang's Crypto Order Types Compare?
Pluang's PRO Mode offers four crypto order types — Market, Limit, Stop, and Stop-Limit — and the difference between them comes down to a single trade-off: execution certainty versus price control. A Market Order prioritises getting filled now at whatever the market offers; a Limit Order prioritises your target price and waits. Stop and Stop-Limit Orders add a trigger price so the order only activates once the market reaches a level you set. All four apply to spot crypto in IDR — no margin, funding, or leverage.
| Order Type | Activates | Executes At | Best For |
|---|---|---|---|
| Market Order | Immediately | Best available market price | Speed |
| Limit Order | Immediately (stays pending) | Your set price or better | Price control |
| Stop Order | When stop price is reached | Best available market price | Automatic reaction, no price cap |
| Stop-Limit Order | When stop price is reached | Your set limit price or better | Automatic reaction with a price cap |
Good to know:
- Market Order: use when execution matters more than exact price — most likely to fill, price not guaranteed, spread applies.
- Limit Order: use when your target price matters more than speed — fills at your price or better, may never fill.
- Stop Order: reacts automatically at your trigger, then fills as a Market Order — likely to fill, no price cap.
- Stop-Limit Order: reacts automatically at your trigger, then fills as a Limit Order — has a price cap, may not fill.
- Fees differ: Limit and Stop-Limit are maker orders (maker fee); Market and Stop are taker orders (taker fee); both + 11% VAT. Rates at pluang.com/biaya.
Related questions:
Q: Which order type guarantees execution?
Market Order, and Stop Order once triggered — both fill as Market Orders. They don't guarantee the exact price.
Q: Which order type guarantees price?
Limit Order, and Stop-Limit Order once triggered — both fill at your price or better, but neither guarantees it fills at all.
Q: Can I combine these order types with Take Profit and Stop Loss?
Yes — Take Profit and Stop Loss (OCO) can currently be added on top of a Limit, Stop, or Stop-Limit Order.
Q: Which order type should a beginner use?
Market or Limit Order are the simplest starting points; Stop and Stop-Limit suit you once you're comfortable with trigger-price mechanics.
Q: Do the order types cost different fees?
Yes — maker fee for Limit/Stop-Limit, taker fee for Market/Stop, both + 11% VAT. Instant/Market carries a 0% opportunity charge, but a floating spread still applies.