<p>This answer needs an update. As of 2017, the following exchanges support trailing stop orders:</p>

<ul>
<li><a href="https://support.kraken.com/hc/en-us/articles/203325793-Stop-Loss-Orders" rel="nofollow noreferrer">Kraken</a> - fees up to <a href="https://www.kraken.com/en-us/help/fees" rel="nofollow noreferrer">0.16% - 0.26%</a></li>
<li><a href="https://www.bitfinex.com/features" rel="nofollow noreferrer">Bitfinex</a> - fess up to <a href="https://www.bitfinex.com/fees" rel="nofollow noreferrer">0.10% - 0.20%</a></li>
<li><a href="https://www.bitstamp.net/article/stop-orders-and-trailing-stop-orders/" rel="nofollow noreferrer">Bitstamp</a> - fees up to <a href="https://www.bitstamp.net/fee_schedule/" rel="nofollow noreferrer">0.25%</a></li>
</ul>

<p>However, there's an important warning to be heeded: by placing trailing stop orders with any exchange, you expose yourself to very short-lived price spikes that are not reflected anywhere else. Here is a screenshot from Kraken where the three red dots represent trades triggered by the price falling by 25% for a minute, only to shoot back up immediately afterwards. The trailing stop didn't offer any protection here; on the contrary, it caused a loss.</p>

<p><a href="https://i.sstatic.net/pHeAe.png" rel="nofollow noreferrer"><img src="https://i.sstatic.net/pHeAe.png" alt="Trailing stop triggered on Kraken"></a></p>

CC BY-SA 3.0
2017-03-05T10:41:16.243Z
2017-05-08T21:20:20.710Z
2017-05-08T21:20:20.710Z
Dan Dascalescu
<p>This is simple to achieve with an API (offered by most exchanges) and a bot. It is not foolproof as rapid price movements may escape it, but it is probably good enough. However, I do not know of such bot.</p>

CC BY-SA 3.0
2013-08-23T19:37:06.977Z
2013-08-23T19:37:06.977Z
Nakedible
<p>Bitstamp now do offer trailing stop orders and okcoin offer trailing orders on BTC futures, they don't seem to offer trailing on spot orders.
14th January 2015</p>

CC BY-SA 3.0
2015-01-14T15:03:38.447Z
2015-01-14T15:03:38.447Z
Paul Williams
<p>Currently none for virtual currencies.  You may want to contact each exchange you are comfortable with and ask them if/when they intend to install that.  I have done similar with some FOREX programs ( using the pretend cash ) with success and have yet to see more than just straight buy/sell at this point.  The virtual currency exchanges are still in their infancy and could use some prodding to get up to speed with the tools that FOREX traders currently have available.</p>

CC BY-SA 3.0
2013-08-23T17:36:51.757Z
2013-08-23T17:36:51.757Z
nybbler905
<p>Trail orders are extremely useful, much more so than simple <a href="https://bitcoin.stackexchange.com/q/7342/4171">stop loss</a> orders. Are there any exchanges that offer trail orders?</p>

<p>Using a trail order, the stop price would track the market price as long as it goes in the same direction, but not if the market price moves in the opposite direction. For example, say BTC is bid 250 USD and I place a trail stop (sell) order for 10 USD below the bid price. Here's what happens if BTC moves:</p>

<ul>
<li>start => my trail order will have a stop of 240</li>
<li>BTC bid 260 => my trail order will have a stop of 250 now</li>
<li>BTC bid 265 => stop 255</li>
<li>BTC bid back to 262 => stop 255 stays in place</li>
<li>BTC bid 268 => stop 258</li>
<li>BTC bid 263 => stop stays 258</li>
<li>BTC bid tunnels down to 255 => market SELL order triggered as soon as the bid went &lt;=258</li>
</ul>

<p>As of June 2013, Tradehill does not offer stop orders.</p>

CC BY-SA 3.0
2013-04-10T14:50:02.323Z
possible duplicate of [Which exchanges offer stop-loss functionality?](http://bitcoin.stackexchange.com/questions/7342/which-exchanges-offer-stop-loss-functionality)
Stephen Gornick
CC BY-SA 3.0
2013-04-10T16:32:26.447Z
@StephenGornick nope, he clearly said it's not the same thing.
o0'.
<exchanges>
What exchanges offer trail orders?
cryptal
# What exchanges offer trail orders?

(Asked by: username_0 on 2013-04-10)

Trail orders are extremely useful, much more so than simple [stop loss](https://bitcoin.stackexchange.com/q/7342/4171) orders. Are there any exchanges that offer trail orders?

Using a trail order, the stop price would track the market price as long as it goes in the same direction, but not if the market price moves in the opposite direction. For example, say BTC is bid 250 USD and I place a trail stop (sell) order for 10 USD below the bid price. Here's what happens if BTC moves:

* start => my trail order will have a stop of 240
* BTC bid 260 => my trail order will have a stop of 250 now
* BTC bid 265 => stop 255
* BTC bid back to 262 => stop 255 stays in place
* BTC bid 268 => stop 258
* BTC bid 263 => stop stays 258
* BTC bid tunnels down to 255 => market SELL order triggered as soon as the bid went <=258

As of June 2013, Tradehill does not offer stop orders.

**Tags:** exchanges

> **Comments:**
> **username_1**: possible duplicate of [Which exchanges offer stop-loss functionality?](http://bitcoin.stackexchange.com/questions/7342/which-exchanges-offer-stop-loss-functionality)  
> **username_2**: @username_1 nope, he clearly said it's not the same thing.  

---

## 4 answers

### Answer by username_3 on 2017-03-05. Score: 4

This answer needs an update. As of 2017, the following exchanges support trailing stop orders:

* [Kraken](https://support.kraken.com/hc/en-us/articles/203325793-Stop-Loss-Orders) - fees up to [0.16% - 0.26%](https://www.kraken.com/en-us/help/fees)
* [Bitfinex](https://www.bitfinex.com/features) - fess up to [0.10% - 0.20%](https://www.bitfinex.com/fees)
* [Bitstamp](https://www.bitstamp.net/article/stop-orders-and-trailing-stop-orders/) - fees up to [0.25%](https://www.bitstamp.net/fee_schedule/)

However, there's an important warning to be heeded: by placing trailing stop orders with any exchange, you expose yourself to very short-lived price spikes that are not reflected anywhere else. Here is a screenshot from Kraken where the three red dots represent trades triggered by the price falling by 25% for a minute, only to shoot back up immediately afterwards. The trailing stop didn't offer any protection here; on the contrary, it caused a loss.

[![Trailing stop triggered on Kraken](https://i.sstatic.net/pHeAe.png)](https://i.sstatic.net/pHeAe.png)


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### Answer by username_4 on 2013-08-23. Score: 1

This is simple to achieve with an API (offered by most exchanges) and a bot. It is not foolproof as rapid price movements may escape it, but it is probably good enough. However, I do not know of such bot.


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### Answer by username_5 on 2015-01-14. Score: 1

Bitstamp now do offer trailing stop orders and okcoin offer trailing orders on BTC futures, they don't seem to offer trailing on spot orders.
14th January 2015


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### Answer by username_6 on 2013-08-23. Score: 0

Currently none for virtual currencies. You may want to contact each exchange you are comfortable with and ask them if/when they intend to install that. I have done similar with some FOREX programs ( using the pretend cash ) with success and have yet to see more than just straight buy/sell at this point. The virtual currency exchanges are still in their infancy and could use some prodding to get up to speed with the tools that FOREX traders currently have available.


---

