What is difference between market order and limit order ?


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What is difference between market order and limit order ?

3 Answer(s)


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Market order is executed at the best price obtainable at the time the order is executed.
Limit orders requires to place a limit on the amount you are willing to pay to buy a stock or on the amount you are willing to accept to sell a stock.

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Market order is placed without price, executed at best price available when order is executed.
Limit order is placed with order price . It is the order with price which you are willing to pay to buy a stock or on the amount you are willing to accept to sell a stock.

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Market order executes immediately if sellers are available with out concerning price. Limit order ensures order is executed at given price.