What Is a Market Order?
A market order buys or sells immediately at the best available price, prioritising speed over price.
In volatile, fearful markets it carries extra risk.
Market order
Fills immediately at the best available
price. Speed over price.
Limit order
Fills only at your set price or better.
Price over speed.
Market for certainty of filling; limit for certainty of price.
Source: CFGI
Stocks