An instruction to buy or sell a security immediately at the best available current price. Market orders guarantee execution but not price, making them best for highly liquid stocks.

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Market Orders vs. Limit Orders

Learn the difference between market and limit orders, when to use each, and how order type affects the price you actually get.

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Related terms

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Limit Order
An instruction to buy or sell a security at a specified pric…
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Slippage
The difference between the expected execution price of an or…

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