What is a market order?
A market order is an order type that is executed at the current market price. When you place a market order, you are essentially requesting to buy or sell a security or asset at the best available price in the market. The order is filled immediately at the prevailing market price, ensuring a quick execution. However, it's important to note that the actual execution price may vary slightly from the displayed market price due to market fluctuations and order book dynamics.
Description
If the market price is $100, a buy or sell order is filled at around $100. The amount and price that your order is filled at depends on the actual transactions.