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Market order: definition and meaning

A market order buys or sells immediately at the best available price.

Why it matters

It is fast and fills almost always, but the final price can differ from what you saw.

Related terms

• Limit order
  A limit order buys or sells only at your chosen price or better.…
• Slippage
  Slippage is the difference between the price you expected and the price you actually got, …

Guides that explain more

• What Is an Order Book?
• Market Orders vs Limit Orders
• What Is Market Capitalization in Crypto?

Educational content only, not financial advice.