Execution controls
Order types
How order behavior changes cost and execution risk on OKX.
The editorial priority is execution quality: maker or taker classification, spread, depth, slippage, order controls and post-trade records. Readers should document their residency, funding currency, onboarding entity and product-specific restrictions. The primary platform scope is OKX. For an OKX-focused review, separate the fee schedule from the rate displayed in the account, document product-specific access, and save the network, memo and withdrawal controls used in a test transfer. This guide keeps registration, app installation and funding as separate verification steps.
Maker and taker are execution outcomes
A limit order is not automatically a maker order. If it crosses the order book and executes immediately, it can be charged at the taker rate.
Price control and execution certainty conflict
Market orders favor execution but surrender price control. Limit orders set a boundary but can remain unfilled. Stop orders add a trigger and therefore another condition to document.
Measure the completed trade
Compare the expected price with the volume-weighted average execution price, then add trading fees, funding where applicable, and the cost of closing or withdrawing.
| Order type | Primary behavior | Main cost risk |
|---|---|---|
| Market | Prioritizes immediate execution | Usually taker; spread and slippage can dominate |
| Limit | Sets a maximum buy or minimum sell price | Maker only if it rests on the book before execution |
| Stop-market | Triggers a market order after a condition | Execution price can differ materially in fast markets |
| Stop-limit | Triggers a limit order | Price is controlled, but the order may remain unfilled |