TRADING GLOSSARY
Limit order
A limit order is a pending order to buy below, or sell above, the current price. It fills only at your price or better.
EXAMPLE
Gold trades at 4,120; a buy limit at 4,100 opens a long position only if the price falls to 4,100.
RELATED TERMS
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Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Glossary definitions are general education only and are not investment advice. Risk disclosure