What is the difference between market and limit orders?
Market orders are executed immediately at the current market price. Limit orders are orders that a trade should be executed (in the future) when the market price reaches a specified price trigger. A limit order places restrictions on the maximum price to be paid or the minimum price to be received.
Related Questions
- What is the difference between Market and Limit Orders, Trailing Stop Orders, OCO and Parent and Contingent Orders?
- How should orders be divided into the three classes (market, limit, other) specified by the Rule?
- What Are Market Orders, Entry Orders, Stop Loss, Trailing Stops And Profit Limit Orders?
