Disclaimer: In compliance with MiCA requirements, unauthorized stablecoins are subject to certain restrictions for EEA users. For more information, please click here.
What is a conditional order?
Conditional order is a new order category in Binance Futures. It includes stop limit, stop market, and stop BBO orders. You can access these orders under [Trailing Stop] on the Futures trading page.
How to place a conditional order?
1. Firstly, selecting [Conditional Order] allows you to set the order type and trigger price.
- Stop Price: Set your trigger price, choose either [Mark] or [Last].
- Price: Specify a price when using [Limit] or [BBO].
- Size: Enter the amount for the order.
For example:
To create a stop limit buy order of 500 USDT with the stop price of Mark Price ≥1,000 and a limit price of 1,005 USDT:
- Stop Price: Select [Mark] and enter 1,000.
- Price: Set to 1,005 and select [Limit].
- Size: Enter 500.
- Click [Buy/Long].
2. After successfully creating a conditional order, it will appear in the [Open Orders] - [Conditional] tab. If the conditional order is triggered but remains unfilled, it will move to the [Basic] tab.
3. To cancel the conditional order, click [Cancel All] and select [Conditional Orders]. Please note that this will cancel all conditional orders.
What are the differences between conditional orders and basic stop orders?
| Conditional Order | Basic Stop Order | |
| Open Order Display | Once created under the [Conditional] tab, the order moves to the [Basic] tab upon triggering and remains unfilled. | Under the [Basic] tab |
| Max. Limits for Open Orders | 200 open orders per account | 10 open orders per symbol |
| TP/SL Strategy | Not supported at this phase | Supported |
| Margin Check | No margin check when placing conditional orders. | Always has margin check when placing stop orders. |
| Cancel All | Conditional orders for all symbols will be canceled. | When selecting [Hide Other Symbols], basic orders for this symbol will be canceled. |
Please Note:
- Conditional Order is available for Default Mode and Portfolio Margin Pro Mode in USDⓈ-Margined Contracts.
- Conditional Order is not available for COIN-Margined Contracts.