> For the complete documentation index, see [llms.txt](https://docs.vdex.trade/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.vdex.trade/trading/order-types.md).

# Order Types

* Market: An order that executes immediately against the order book
* Limit: An order that rests and fills at the specified price or better&#x20;
* Stop Market: A market order that is triggered when a specified price is met or exceeded. The type used in take profit and stop loss orders (TP/SL)
* TWAP: Time-Weighted Average Price orders spread out market buys every 30 seconds until the user's selected time period has elapsed


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