Market order
A market order is a request to buy or sell a security at the best available price in the current market. It guarantees an execution but not the exact price. On-stop/Stop-loss order
An on-stop/ stop-loss order is an order to buy or sell a security when it reaches a certain price. This order guarantees a pre-determined price but not an execution. Limit order
A limit order allows an order to be matched at a specified price. A buy limit order cannot be higher than the current price, whereas a sell limit order cannot be lower than the current price. If you are unsure which order type is suitable for your intended trade, please contact your client advisor.