IG Markets supports two primary order types:
Market Orders:
Execute immediately at the best available price
Ideal for when execution speed is your priority
No guarantee of exact execution price
Market orders can only be placed during market opening hours.
Limit Orders:
Set your preferred price for buying or selling
Order executes only if the market reaches your specified price or better. (If buying, will be your specified price or lower and vice versa)
Order remains active until filled, cancelled, or expired
Limit orders can be placed 24/7, with execution occurring during market hours only.