How does each order compare on US Stocks?
Below is a comparison table of case examples for each order type:
|
Order Type |
Condition |
Execution Price |
Information |
|
Market Order |
|
Maybe above $145 or lower. |
The execution price can be higher or lower than the market price. |
|
Limit Order |
|
Definitely $100,00 or less. |
Orders are executed at a price of $100.00 or lower, not higher. |
|
Stop Order |
|
May vary from $110.00. |
The order becomes a market order when the price reaches $110.00, the execution price is not guaranteed. |
|
Stop-Limit Order |
|
Between $100,00 and $105,00. |
Orders will be executed between $100.00 and $105.00 once the price reaches $100.00. |