> For the complete documentation index, see [llms.txt](https://avstrade.gitbook.io/avstrade-docs-en/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://avstrade.gitbook.io/avstrade-docs-en/trading/closing-orders.md).
# Closing Orders
{% hint style="info" %}
Closing orders are activated and will be available for placing only after you create opening orders.
{% endhint %}
Market
The position is closed at the market price, this type provides guaranteed closure, even in case of insufficient margin. The price of closing or reducing a position depends on the volume in the order book.
Limit
The position is closed at the limit price; this type does not provide guaranteed closure. The price of closing or reducing a position depends only on the set price.
---
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