# Order Types Swapping assets on Jupiter is a quick simple process but if you want to trade [perpetual futures contracts](https://academy.solflare.com/what-are-perpetual-futures-contacts-%EF%BF%BC/) on [Mango Markets](https://mango.markets/) using your Solrise fund, you'll have to place a trade order. The most important concept to understand is the difference between a market order and a limit order. ### Market Orders Market orders are immediate buys or sells at whatever the market price is. They execute immediately but turn the trader into a [*price-taker*](https://www.investopedia.com/terms/p/pricetaker.asp) meaning they're not in control of the exact price their trade is executed at. Market orders may incur an extra fee depending on the current [funding rates](https://www.binance.com/en/blog/futures/a-beginners-guide-to-funding-rates-421499824684900382) at the time the trade is executed. Stop loss, take profit, and trigger orders are variations of market orders. ### Limit Orders Limit orders are buys or sells of an asset at a defined price. They do not execute immediately as they require a defined price to be met before they're executed. Any of your collateral or balance used in a limit order will be unavailable until that trade is canceled or executed. Limit orders turn traders into [*price-makers*](https://www.investopedia.com/terms/p/pricemaker.asp) meaning they're in control of the exact price their trade is executed at. Limit orders do *not* incur any extra funding fee as they're effectively making a market rather than taking one. Stop limit, take profit limit, and trigger limit orders are variations of limit orders. > **Limit orders *****may not***** be executed if the asset never trades at your desired price.** ### Available order types on Solrise

Order Type	Execution Method
Market	Market orders are immediately executed at whatever price the asset is trading at.
Limit	Limit orders are executed once the assets trades at a defined price.
Stop Loss	Stop loss orders either Market Buy or Market Sell an asset once it reaches a certain price. Stop loss orders help you limit downside on any trade as they stop you out if the price goes against you.
Stop Limit	Stop limit orders either Limit Buy or Limit Sell an asset once it reaches a certain price. Stop limit orders help you limit downside on any trade as they stop you out if the price goes against you just stop loss would but this time, its at a defined price.
Take Profit	Take profit orders either Market Buy or Market Sell an asset once it reaches a certain price. Take profit orders help you maximize upside on any trade as they automatically close your profitable position once an asset's price reaches a certain price.
Take Profit Limit	Take profit limit orders either Limit Buy or Limit Sell an asset once it reaches a certain price. Take profit limit orders help you maximize upside on any trade as they automatically close your profitable position once an asset's price reaches a certain price but this time, its at a defined price.
Trigger	Trigger orders are either Market Buy or Market Sell an asset once it reaches a certain price which is similar to a stop or take profit order but in this case, your available balance or collateral is available to you until the trade is made.
Trigger Limit	Trigger limit orders are either Limit Buy or Limit Sell an asset once it reaches a certain price which is similar to a stop or take profit order but in this case, your available balance or collateral is available to you until the trade is made.