What is a Reduce Only order?

Reduce Only is a special order condition that only allows you to reduce or close a current position you hold. If a Reduce Only order were to increase your position in any way, it will either be immediately canceled or the contract size will be adjusted to prevent an increase.

---

For any inquiries contact us at [e-mail]

 

Follow our official Twitter | Join our community on Telegram

 

Trade crypto on the go: Download for iOS | Download for Android

 

Phemex | Break Through, Break Free