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What is a market order?

A market order is an order to buy or sell at the market bid or offer price. A market order may increase the likelihood and speed of an order execution but does not necessarily guarantee your price. Unlike a limit order, a market order provides no price protection and the order may fill at a lower or higher price than the current displayed bid/ask.

Jason Toledo

Jason brings more than 15 years of experience in online trading. Prior to starting ToledoTrade in 2019, Jason held senior and executive level positions at Scottrade, OptionsHouse and Zacks Trade. Jason is passionate about educating self-directed traders and is a leader and expert in the online trading industry.