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Order types
Type GTC - pending order Good Till Cancel (valid until canceled)
GTC - pending order Good Till Cancel (valid until canceled). This is an application to buy or sell at a price chosen by the client, which differs from the current market price. An order will be executed only if the market reaches this price and if the trader has enough funds at the time of execution. Such an order can open and close positions.
FOK type - Fill or Kill
'Fill Or Kill' (FOK) limit order means that your order will be immediately executed wholly and at the stated price, or not executed at all - there can be no slippage. If you have a large order from the example above, and the broker cannot execute it entirely at your price, then the order will be simply rejected. If the broker can do this, the order will be executed at the price you need and in full. This is a much more convenient type of order for scalping or arbitrage, since there are no risks associated with slippage. With Fill Or Kill, arbitrage becomes a virtually zero-risk strategy.
Delayed type
Bot waits for the price set to be reached without blocking the balance, and then hits the DOM with FOK policy. If there is not enough balance to execute an order, the bot will wait for its replenishment.
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