Types of orders in trading platforms help you achieve your goals more accurately. A Market Order is executed immediately at the current available price, suitable if you want to enter or exit quickly. A Limit Order is set at the price you want, and it is executed if the price reaches the specified price or better. There is also a Stop Order that converts to a Market Order when the price reaches a certain level, helping to limit losses or secure profits. Finally, a Stop-Limit Order combines a Stop and a Limit Order to regulate the execution of the trade at a specified price.