What is a Market Order?

A market order is an order to immediately buy or sell a security at the market’s best available price. This type of order typically ensures an execution, but does not guarantee an execution price. It is important to note that the last price of the security is not necessarily the price at which the market order will be executed. Additionally, xCube will limit your buying power to 95% of your available buying power to account for any deviation in the price execution.

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