Depth of market (DOM)¶

Depth of market (DOM) is a measure of the total number of open buy and sell orders for a symbol at different prices. The more buy and sell orders there are at each price level, the greater the depth of market. The cTrader depth of market feature allows you to track a symbol’s depth of market in real time and place orders using specific DOM settings.

DOM types¶

There are 3 depth of market types available in cTrader: standard DOM, price DOM and VWAP (volume-weighted average price) DOM.

Standard DOM¶

The Standard DOM tab displays the price and the amount of liquidity available at that price. It allows you to view the current depth of market, but does not support trading.

Price DOM¶

This view is ideal for precise trading, as it provides more detail, allows you to enter a trade using stop or limit orders (buy or sell) and manage open positions directly in the depth of market table.

The price is represented by the widest column in the centre of the Price DOM table. The available volume for trading appears next to the corresponding price. Selling volumes (orange) appear to the left and buying volumes (green) to the right of the price.

Only the current bid and ask prices are displayed in full. All other prices show only the last 3 digits of the bid and ask price. The last digit represents a pipette, which is 0.1 of a pip.

VWAP DOM¶

In the VWAP DOM tab, you will see a list of expected volume-weighted average price prices next to a list of adjustable volumes.

VWAP DOM is especially useful when trading large volumes, as it shows the average price for a given trade volume. cTrader allows you to enter a trade directly in the VWAP DOM table.