Market and Limit Orders

Understand immediate execution requests, pending price instructions, slippage, and cancellation.

  • Trading basics
  • 5 min
  • General information, not personal advice
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Market orders

A market order requests execution near the currently available price. Fast markets can move between quote creation and execution, so the locked price can differ from the initial reference.

Limit orders

A limit order waits for its trigger condition. Reaching a trigger does not guarantee a fill if the market gaps, liquidity is unavailable, or account risk requirements are no longer met.

Review before submission

  • Instrument and buy or sell direction
  • Investment amount, leverage, and resulting exposure
  • Reference price, locked or trigger price, and fee estimate
  • Quote expiry and whether the order will remain pending
  • Stop-loss and take-profit settings where available

Availability depends on account status, verification, jurisdiction, product configuration, and current platform controls.

Market and Limit Orders | Ohana Capital