# Closing Orders

{% hint style="info" %}
Closing orders are activated and will be available for placing only after you create opening orders.
{% endhint %}

 

<div><figure><img src="https://591419216-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FVaZsqm5yzVCnvvcwFBZY%2Fuploads%2FpzidJnHThDKII3dBfX4z%2F%D0%9E%D1%80%D0%B4%D0%B5%D1%80%D0%B0%20%D0%B7%D0%B0%D0%BA%D1%80%D1%8B%D1%82%D0%B8%D1%8F.jpg?alt=media&#x26;token=5bbeb823-ba30-4686-9c36-49a425b9b257" alt=""><figcaption></figcaption></figure> <figure><img src="https://591419216-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FVaZsqm5yzVCnvvcwFBZY%2Fuploads%2FuOqdxONB3AQFXJNYtVLr%2Fimage.png?alt=media&#x26;token=e740aae6-6d6f-4f7f-9639-854da43ba424" alt=""><figcaption></figcaption></figure></div>

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.

<br>