place_order

Place a pending limit/stop order that rests until its trigger price is hit (unlike

Server XBTFX MCP Trading Server xbtfx/xbtfx-mcp-server
Category Execute
Risk class High
Parameters 00 required

What place_order does on XBTFX MCP Trading Server

AI agents invoke place_order to trigger actions in XBTFX MCP Trading Server. What it does depends on the arguments the agent supplies, and its effects often reach beyond the immediate call — builds kicked off, notifications sent, workflows started.

Why place_order needs a policy

Although this tool involves financial markets and could be categorized as Financial, the primary risk is Execute—it triggers automated trading operations whose outcomes depend on market conditions and order parameters provided by the agent. The severity is critical because misuse could result in substantial financial losses, unauthorized trades, or market manipulation.

From the tool's definition Tool name is 'place_order' and description indicates it places 'a pending limit/stop order' that triggers trades. The server description explicitly states it 'executes trade operations'.

Questions about place_order

What does the place_order tool do? +

Place a pending limit/stop order that rests until its trigger price is hit (unlike. It is categorised as a Execute tool in the XBTFX MCP Trading Server MCP Server, which means it can trigger actions or run processes. Use rate limits and argument validation.

How do I enforce a policy on place_order? +

Register the XBTFX MCP Trading Server MCP server in PolicyLayer and add a rule for place_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 XBTFX MCP Trading Server. Nothing to install.

What risk level is place_order? +

place_order is a Execute tool with high risk. Execute tools should be rate-limited and have argument validation enabled.

Can I rate-limit place_order? +

Yes. Add a rate_limit block to the place_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.

How do I block place_order completely? +

Set action: deny in the PolicyLayer policy for place_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.

What MCP server provides place_order? +

place_order is provided by the XBTFX MCP Trading Server MCP server (xbtfx/xbtfx-mcp-server). PolicyLayer sits as a proxy in front of this server to enforce policies before tool calls reach the server.

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