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Order Types

Winnr operates on a Central Limit Orderbook (CLOB). This means you have precise control over the prices at which you buy and sell shares.

We currently support two main order types:

Market Orders​

A Market Order executes immediately at the best available current price in the orderbook.

  • Pros: Guaranteed execution (as long as there is liquidity).
  • Cons: The final execution price may be worse than the current display price if your order size is large enough to "eat into" the orderbook (slippage).

Limit Orders​

A Limit Order allows you to specify the exact price you are willing to pay (or receive) for shares.

  • Pros: No slippage. You get exactly the price you ask for (or better).
  • Cons: Execution is not guaranteed. If the market price never reaches your limit price, your order will remain open and unfilled.

To manage your active limit orders, navigate to the Open Orders section on the market detail page.