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CFDs and forex (FX) are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider.
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CFDs and forex (FX) are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX, or any of our other products work and whether you can afford to take the high risk of losing your money.
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Glossary

Limit order

Definition

Limit orders are commonly used to enter a market and to profit at predefined levels. When a limit order is triggered, it is filled as soon as possible at the price obtainable on the market.

Limit orders to buy are placed below the current market price and are executed when the ask price matches or is lower than the price level specified. (If the specified limit price is placed above the current market price, the order is filled instantly at the best available price below or at the limit price.)

Limit orders to sell are placed above the current market price and are executed when the bid price matches or is above the price level specified. (If the specified limit price is placed below the current market price, the order is filled instantly at the best available price above or at the limit price.)

Note that the price at which your order is filled may differ from the price you set for the order if the opening price of the market is better than your limit price. In the case of futures or CFDs, the order will be filled if possible, and any remaining volume will remain in the market as a limit order.

Related Items

Order Day order (DO) Good till date (GTD) Good till cancelled (GTC)
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