What are the different types of orders that I can place?
There are three types of orders you can place which are as below:
Market Order: A market order is a buy or sell order to be executed immediately at the current market prices.
Limit Order: A limit order is an order to buy or sell a stock at a specific price or better. A buy limit order can only be executed at the limit price or lower, and a sell limit order can only be executed at the limit price or higher. A limit order is not guaranteed to be executed. A limit order on our platform is good for 90 days or until canceled.
Stop Order: A stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A stop order on our platform is good for 90 days or until canceled.