Market Orders & Limit Orders
Last updated
Last updated
1. Market Order:
A market order is executed immediately at the best available price in the market.
Features:
Fast Execution: Prioritizes speed and guarantees that the order is filled.
Uncontrolled Price: The final execution price may be higher or lower than expected due to market fluctuations.
2. Limit Order:
A limit order allows you to set a specific price. The order will only be executed when the market price reaches or is better than your specified price. You can set a limit order based on market value, specific price, or percentage.
Features:
Price Control: The order will only be filled if the market meets your set price conditions.
Potential Non-Execution: If the market does not reach your limit price, the order will remain open or may eventually be canceled.