The Difference Between Market Order and Limit Order

📊 There are two main ways to buy or sell currencies:

🔹 Market Order:

You buy or sell immediately at the best available price.

✅ Fast

✖️ The price may not be favorable during market volatility

🔹 Limit Order:

You set the price yourself and wait for the market to reach it.

✅ Price control

✖️ The trade may not be executed if the price is not reached

🧠 For beginners:

– Use Market for speed

– Use Limit if you are monitoring the market