Max slippage

Max slippage is the setting that caps how far from the quoted price a market order may fill; beyond it the order is cut. It trades certainty of fill for price, the market against limit trade-off, on the Mochatrade order panel.

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In the help centreLearn what a perpetual contract is on Mochatrade
  • Market orderA market order buys or sells immediately at the best price available. It always fills, but at the ask if you buy and…
  • SlippageSlippage is the gap between the price you expected and the price you got. It comes from the spread, from a thin book…
  • Reduce-only orderA reduce-only order can only shrink or close an existing position, never open or flip one, so a closing order cannot…
  • 24/7 trading24/7 trading means a contract keeps trading through nights, weekends and holidays while the underlying exchange is…
  • Last traded priceThe last traded price is the most recent trade on the venue's own book, the one the chart shows. You never trade at…
  • Limit orderA limit order buys or sells only at your price or better. You control the price, the market decides whether you trade…

Educational content only. Not investment advice. Leveraged products magnify losses as well as gains.

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