We currently offer 4 order types: Market Orders (by dollar), Market Orders (by shares), Limit Orders, and Stop Orders.

Market Orders by dollar: This allows you to buy or sell a stock in the market by entering a minimum dollar value of $1. It will be executed at the current market price rather than a specified price. There is no guarantee on the executed price and due to price fluctuations the executed price may be different from what you expect. 

Market Orders by shares: This allows you to buy or sell a stock in the market by entering a specific quantity of shares. It will be executed at the current market price rather than a specified price. There is no guarantee on the executed price and due to price fluctuations the executed price may be different from what you expect. 

There may we instances where your market order might not get filled, you may find more information here.

Limit Order: This allows you to buy or sell a stock at a specific limit price you want. The order will be executed at the limit price or better. Please note that limit orders are not guaranteed to fill. If the stock price does not meet your limit price, your limit order will not be executed.

You may choose the validity period of your limit order to be either:

• GTC (Good Till Cancelled) - Your order will remain active and will be executed when price matches and your order is filled, unless you choose to cancel your order. For SG-listed securities, GTC limit orders will be automatically cancelled if not executed within 30 days. 
• GTD (Good Till Date) - Your order will only remain active and will be executed when price matches and your order is filled within the trading day. Limit GTD orders will be automatically cancelled if not executed by the end of the trading day. 

Stop Order: This allows you to buy or sell a stock at the market price once the stock is traded at or through the stop price. Once the stop price is reached, the order will become a market order and will be executed at the next available market price. Please note that if the stock price does not reach the stop price, the stop order will not be executed.

Kindly note that for US-listed securities, all 4 order types are available. However, for SG-listed securities, only Market Orders (by shares) and Limit Orders are available, as fractional trading is not supported.

What is the difference between market orders in dollars and market orders in shares?

Market orders in dollars allow you to place market orders by specifying the value of the trade in USD while market orders in shares allow you to place market orders by specifying the number of shares you want to trade.