PrimeXBT
Questions & Answers

Manually? You mean with market orders? You pay with taker fees broodie... It’s quite expensive to be honest, I don’t know why people are still trading with such orders, when the platform offers limit orders where we can pay less for maker fees. I personally never open market positions, only pending limits and that’s how I save some money avoiding high trading-costs.

If you mean when you open positions at market orders with instant execution, then you pay taker fees, it’s higher than maker fees. So that’s why most traders prefer to trade with limit orders because it’s cheaper and more effective rather than trading with market orders.