Place a spot algo order. [CAUTION] Executes real trades. conditional: single TP/SL. oco: TP+SL pair. move_order_stop: trailing stop. trigger: pending order at triggerPx. chase: follow best bid/ask. iceberg: split large order into child orders. twap: time-weighted split.
AI agents use spot_place_algo_order to commit financial operations through Okx Trade — usually the final step of a payment, billing, or trading workflow. A call moves real money.
| Parameter | Type | Required | Description |
|---|---|---|---|
sz | string | Yes | Quantity in base currency |
side | string | Yes | |
pxVar | string | — | Price variance % [0.0001, 0.01]; provide pxVar OR pxSpread (iceberg/twap only) |
instId | string | Yes | e.g. BTC-USDT |
tdMode | string | — | cash(default)=spot, cross/isolated=margin |
tgtCcy | string | — | Size unit. base_ccy(default): sz in base (e.g. BTC), quote_ccy: sz in quote (e.g. USDT) |
ordType | string | Yes | conditional=single TP/SL, oco=TP+SL pair, move_order_stop=trailing stop, trigger=pending order, chase=follow best bid/ask, iceberg=split order, twap=time-weight |
orderPx | string | — | Order price submitted when trigger fires; -1=market (trigger only) |
pxLimit | string | — | Order price ceiling >= 0 (iceberg/twap only) |
slOrdPx | string | — | SL order price, -1=market (conditional/oco only) |
stpMode | string | — | Self-trade prevention: cancel_maker|cancel_taker|cancel_both |
szLimit | string | — | Average per-child-order size (iceberg/twap only) |
Parameters from the server's own tool schema.
This tool executes real trades on the OKX exchange, directly committing financial transactions. The description explicitly warns '[CAUTION] Executes real trades' and describes multiple algorithmic order types (TP/SL, trailing stop, TWAP, iceberg) that move funds and create financial obligations.
From the tool's definition Place a spot algo order. [CAUTION] Executes real trades. conditional: single TP/SL. oco: TP+SL pair. move_order_stop: trailing stop. trigger: pending order at triggerPx. chase: follow best bid/ask. iceberg: split large order into child orders.
Risk signalsHigh parameter count (31 properties)
Attacks that exploit this kind of access
Place a spot algo order. [CAUTION] Executes real trades. conditional: single TP/SL. oco: TP+SL pair. move_order_stop: trailing stop. trigger: pending order at triggerPx. chase: follow best bid/ask. iceberg: split large order into child orders. twap: time-weighted split. It is categorised as a Financial tool in the Okx Trade MCP Server, which means it involves financial transactions. Block by default and require explicit approval.
spot_place_algo_order accepts 12 parameters: sz, side, pxVar, instId, tdMode, tgtCcy, ordType, orderPx, pxLimit, slOrdPx, stpMode, szLimit. Required: sz, side, instId, ordType. The full parameter table on this page comes from the server's own tool schema.
Register the Okx Trade MCP server in PolicyLayer and add a rule for spot_place_algo_order: allow, deny, rate-limit, or require approval. Point your MCP client at the PolicyLayer proxy URL and the rule is enforced on every call, before it reaches Okx Trade. Nothing to install.
spot_place_algo_order is a Financial tool with critical risk. Critical-risk tools should be blocked by default and only enabled with explicit human approval.
Yes. Add a rate_limit block to the spot_place_algo_order rule in your PolicyLayer policy. For example, setting max: 10 and window: 60 limits the tool to 10 calls per minute. Rate limits are tracked per agent session and reset automatically.
Set action: deny in the PolicyLayer policy for spot_place_algo_order. The AI agent will receive a policy violation error and cannot call the tool. You can also include a reason field to explain why the tool is blocked.
spot_place_algo_order is provided by the Okx Trade MCP server (@okx_ai/okx-trade-mcp). PolicyLayer sits as a proxy in front of this server to enforce policies before tool calls reach the server.
Every MCP server has a record like this.
Type a name, get the same breakdown: verified identity, auth posture, risk grade, capabilities, recommended policy.
Teams ship this data inside their own products. See what a licence covers →