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 right now at whatever the market offers; a Limit Order prioritises your target price and waits, even if that means never filling. Stop and Stop-Limit Orders add a trigger price so the order only activates once the market reaches a level you set — a Stop Order then behaves like a Market Order, and a Stop-Limit Order like a Limit Order. Choosing the right one comes down to what matters most for a given trade: speed, price, or an automatic reaction to a price level. All four apply to spot crypto in IDR through PRO Mode — there is no margin, funding, or leverage involved, only the coins you actually buy and hold.
| Order Type | Activates | Executes At | Best For |
|---|---|---|---|
| Market Order | Immediately | Best available market price | Speed — you want in or out right now |
| Limit Order | Immediately (stays pending) | Your set price or better | Price control — you'll wait for your price |
| Stop Order | When the market reaches your stop price | Best available market price (as a Market Order) | Automatic reaction to a level, no price cap after triggering |
| Stop-Limit Order | When the market reaches your stop price | Your set limit price or better (as a Limit Order) | Automatic reaction, while still capping the price you'll accept |
- Market Order — when to use. When execution matters more than exact price: you enter or exit immediately at the best available price. Most likely to fill, but the price isn't guaranteed and a floating spread applies.
- Limit Order — when to use. When your target price matters more than speed. It rests pending and fills only at your price or better — the trade-off is it may never fill.
- Stop Order — when to use. To react automatically at a level you set. When the stop price is hit it converts into a Market Order — likely to fill, but at the best available price, not a fixed one.
- Stop-Limit Order — when to use. When you want an automatic trigger plus a price cap. At the stop price it converts into a Limit Order filling only at your limit or better — so, like any limit, it may not fill.
- The core trade-off, and slippage. Market and (triggered) Stop Orders are the most likely to fill, but not at a guaranteed price, and a Stop Order can stay unfilled if liquidity at that level is thin; Limit and (triggered) Stop-Limit Orders guarantee price-or-better but not execution. Fills follow the exchange price with a floating spread; Pluang protects against significant slippage on limit and stop orders.
- Fees differ by type. Limit and Stop-Limit are maker orders (maker fee 0.10%); Market and Stop are taker orders (taker fee 0.15%); the CFX fee applies to every crypto trade, and taxes are shown before you confirm (rates at pluang.com/en/biaya/crypto). An Instant Order has no Pluang fee, but the CFX fee and a floating spread still apply.
Related questions:
Q: Which order type guarantees execution?
A Market Order, and a Stop Order once its trigger is hit, are the most likely to execute because both fill as Market Orders at the best available price. They don't guarantee the exact fill price — in a fast market, or with a floating spread, it can differ slightly. If getting filled is your priority, these are the two to reach for.
Q: Which order type guarantees price?
A Limit Order, and a Stop-Limit Order once triggered, both guarantee your set price or better, because they only fill at that level. The trade-off is that neither guarantees the order fills at all: if the market never reaches your price, or moves past it too quickly, the order can stay pending or expire unfilled. Use these when price matters more than certainty of execution.
Q: Can I combine these order types with Take Profit and Stop Loss?
Yes. Take Profit and Stop Loss (an OCO pair) can currently be added on top of a Limit, Stop, or Stop-Limit Order. They let you define an automatic exit band — an upper level to lock in a gain and a lower level to cap a loss — that activates once your buy order has executed. A Market Order fills immediately, so there's no resting order left to attach a TP/SL to.
Q: Which order type should a beginner use?
Market Order and Limit Order are the simplest starting points: a Market Order fills right away at the best available price, and a Limit Order lets you name your price and wait. Stop and Stop-Limit Orders add a trigger price and suit you once you're comfortable with trigger-based activation.
Q: Do the order types cost different fees?
Yes. Limit and Stop-Limit Orders are maker orders and carry the maker fee (0.10%); Market and Stop Orders are taker orders and carry the taker fee (0.15%). The CFX fee applies to every crypto trade, and taxes are shown before you confirm. An Instant Order has no Pluang fee, though the CFX fee and a floating spread still apply. Current rates are published at pluang.com/en/biaya/crypto.