Maker and taker fees
On many exchanges, a maker order adds liquidity (it rests on the order book) and a taker order removes it (it fills immediately). The two usually have different fee rates.
Why it matters for AI trading tools
Bots and agents that use market orders typically pay taker fees. Check the exchange's official fee schedule.
Related on TraderStacks
More terms: Commission and fees · Market and limit orders · all terms
Education only. This definition explains a concept; it is not investment advice or a suggestion to trade.