What is a Market Order?
A Market Order is an order to buy or sell a financial instrument immediately at the best available current price.
What are the characteristics of Market Orders?
Market orders ensure quick execution but do not guarantee a specific price.
How does a Market Order work in simple terms?
A Market Order is like saying, “Buy now!” or “Sell now!” at the current price. It prioritizes speed over getting the best possible price, making it ideal for quick transactions.