Types of orders in Revolut X
Order form
To use the order form on Revolut X, you'll need to:
- Go to 'Trade'
- Select the trading pair at the top of the order form widget
- Choose to buy or sell and select the type of order (market or limit)
- Enter the amount of the asset you wish to trade
- Confirm to buy or sell
Cancelling the order
Market orders can't be cancelled once they’re created. To cancel a limit or stop-loss order on Revolut X:
- Go to 'Trade'
- Navigate to the 'Activity' widget
- Select the order under 'Open orders'
- Tap 'x' on the right side of the pending order you aim to cancel
Types of orders
Revolut X support the following types of orders:
- Market order: an order to buy or sell a certain quantity of an asset at the best available price of existing orders in the Order Book
- Limit order: an order to buy or sell a certain amount of an asset at a specified price
Limit orders
- Allow-taker: execution may happen immediately if the market reaches the specified price from the moment the order is instructed
- Post-only: execution will only happen when the order reaches the order book, providing liquidity to the market