Buy Order Definition Apr 2026

Sets a maximum price; the trade only happens if the price hits that target or lower.

You enter the order details into your trading app. buy order definition

A two-step order that triggers a limit order once a stop price is hit. 🔄 How the Process Works Sets a maximum price; the trade only happens

If you tell me your , I can help you decide which order type fits your strategy best. Sets a maximum price

Once a match is found, the trade is "filled" and the asset is added to your portfolio.

The order is sent to an exchange (like the NYSE) to find a seller.

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