Learn why maker orders are associated with limit pricing, order-book depth, and lower trading fees on many exchanges. This page is written around the core ideas behind maker and taker activity: liquidity, order-book depth, execution timing, and fee differences.

Maker order definition

How makers help the market

Makers add liquidity and usually pay less, while takers remove liquidity and usually pay more for immediate execution.

Many trading venues use lower maker fees to encourage more resting orders. This fee difference is a direct incentive for traders to support liquidity instead of always demanding instant execution.

Maker orders are useful when you have a target entry or exit price and do not need an immediate fill. They fit swing entries, planned exits, laddered orders, and other cost-aware trading workflows.

Key differences at a glance: makers normally use non-immediate orders, often limit orders, to add liquidity to the book. Takers normally use immediately matching orders, often market orders, to remove liquidity. Makers are typically linked with lower fees or rebates, while takers are typically linked with higher fees and faster execution.