When trading on Finslice, you can place two main types of orders: Market Orders and Limit Orders. Each works differently depending on whether you’re buying or selling.
Market Order #
A market order executes immediately at the best available price in the order book. It gives you speed, but not control over the exact price.
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Buy Example:
You place a market buy order, which means you want to buy shares immediately. The order will be completed at the lowest price someone is currently willing to sell their shares for. -
Sell Example:
You place a market sell order, which means you want to sell your shares immediately. The order will be completed at the highest price someone is currently willing to pay for shares.
Limit Order #
A limit order lets you set the maximum price you’re willing to pay (buy) or the minimum price you want to receive (sell). The order will only execute if the market price reaches your limit or better.
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Buy Example:
With a limit buy order, you set the price you want to pay, for example €10 per share. Your order will only execute if sellers offer shares at €10 or less. -
Sell Example:
With a limit sell order, you set the price you want to sell your shares for, for example €10 per share. Your order will only execute if buyers are willing to pay €10 or more.
