Market Order
A market order is an instruction to buy and sell shares immediately at the best available price.
Quick reference:
Type: Order to execute right away. Speed: Fastest way too trade. Certainty: price not guaranteed.
Expanded explanation:
When you place a market order, you are telling your broker to complete the trade as soon as possible. The system matches you with the best available price from another investor This makes market orders fast and simple.
The downside is that you don’t control the exact price. If the market is moving quickly, you may end up buying or selling for slightly more or less than expected. For larger trades or less liquid stocks, this difference can be bigger.
Related links+ Articles:
• Broker.