Following order types to be accommodated on MT4 for Binance:

Market orders: A market order lets you purchase or sell a financial asset instantly at the best price currently available. Market orders take prices from limit orders on the order book. This means you can’t be 100% sure of the price you will get. Slippage can occur when you get a price different from what you expected.

Limit orders: A limit order is an order that you place on the order book with a specific limit price. The limit price is determined by you. The trade will only be executed if the market price reaches your limit price (or better). Therefore, you may use limit orders to buy at a lower price or to sell at a higher price than the current market price.

Stop Limit Orders: A stop-limit order combines a stop trigger and a limit order. You can strategically place stop-limit orders by considering resistance and support levels and the asset’s volatility. In a stop-limit order, the stop price is the trigger price for the exchange to place a limit order. The limit price is the price at which your order will be placed. You can customize the limit price, which is usually set higher than the stop price for a buy order and lower for a sell order.

Stop Market orders: Similarly to a stop-limit order, a stop-market order uses a stop price as a trigger. However, when the stop price is reached, it triggers a market order instead.

Given below are the type of orders and their

*TP/SL: Take-profit, stop-loss may not work with the hedge mode; also TP/SL may be implemented as opposite trades where it is not possible to make the same via the API.

**Volumes need to be in line with the Binance minimum rules