Market Order
A market order is an order to buy or sell a stock at the best available price.
A market order is an order to buy or sell a stock at the best available price, which can typically be executed at the time of the order.
- When trading large-cap or highly liquid securities, a market order is usually filled immediately at a price very close to the market price. However, when the market is extremely volatile, it’s possible that the filling price may deviate significantly from the market price.
- For small-cap or illiquid securities, market orders can take longer to fill and may fill at a price deviating from the market price.
To sum up:
Market order has the best chance of filling, but the filling price is not certain.
If you’re trading large-cap or highly liquid securities, placing a market order usually enables immediate order filling at a close price. If you want to control your filling price, or you’re trading small-cap or illiquid securities, a market order may not be suitable.
Tips:
- On Webull, we only support placing market orders during market hours.
- On Webull, a market order expires at the end of each trading day. If your order is not filled, you need to place the order again on the following trading day.
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All investments involve risk, and not all risks are suitable for every investor. The value of securities may fluctuate and as a result, investors may lose more than their original investment. The past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk it does not assure a profit, or protect against loss, in a down market. There is always the potential of losing money when you invest in securities, or other financial products. Investors should consider their investment objectives and risks carefully before investing.