What is a Market Order?
When buying or selling shares you need to place an order and there are three types of orders you can place:
A 'market order'
A 'limit order'
A 'limit on close (LOC) order'
A market order is when your order is executed immediately, if/when the stock exchange you're trading on is open for trading. A market order means your order is placed in the market immediately and secures the best available price at the time.
The buy/sell price can vary when your order is placed in the market, this is because the stock markets are a live auction, so prices go up and down as trades occur.
Please know, the value of investments can go up as well as down and you may receive back less than your original investment, meaning, when investing your capital is at risk.
Disclaimer: At Evarvest we believe in making investing and investment education more accessible, but we don’t provide investment advice and individual investors should make their own decisions. While we try our best, we cannot ensure the accuracy of the information we provide.
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