Glossary Term

Order

Back to Glossary

An order is simply an instruction to your broker to buy or sell an asset on your behalf. Orders generally come in two varieties. Market orders and limit orders. Market orders are instructions to buy or sell at the current price. Limit orders are instructions to buy or sell at a predefined price that is either lower (for buy orders) or higher (for sell orders) than the current market price.

Found the definition you’re looking for?
If you feel we’ve missed a term; let the Traders Expert team know and we’ll include it in our Glossary.

What is order? A Traders Expert explanation

Join Our Community!

Receive invitations to our live events, webinars & more!

Traders Expert