A pending order to buy or sell at a specific price or better. When you place a limit order in cTrader, you set the maximum price you’re willing to buy at (for buy limit) or the minimum price you’re willing to sell at (for sell limit). The order will only execute if the market reaches your price or a more favorable price. This guarantees you won’t get a worse price than specified, but there is no guarantee the order will fill if the price never reaches that level or if insufficient volume is available. (Example: a buy limit at 1.2500 will only fill at 1.2500 or below; if the market stays above 1.2500, it won’t execute.)

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