A market order means you will be able to trade but you can’t be certain of the exact price it will happen at. A limit order means you can set a maximum or minimum price for how much you are willing to pay for or sell a share, but there’s no guarantee there’ll be anyone that wants to buy or sell at the price you are have offered.

General Advice warning:
Pearl Funds Management, an authorised representative AFS Rep No 001254808 of Banyan Securities Pty Ltd AFSL 484139
The information presented by us is general in nature and does not take into account your personal goals and objectives. It does not represent financial product advice. You should always seek independent legal and financial advice before making a decision in relation to a financial product. Read the Product Disclosure Statement (PDS) before making a decision. You should consider your own circumstances, needs and financial objectives before making a decision.

Daniella D'Ambrosio
2 November 2015