What order types can I place?

Learn about placing market orders, limit orders, and stop orders with Spaceship.

Bryna avatar
Written by Bryna
Updated over a week ago

Spaceship only accepts market orders.

Spaceship believes market orders keep things simple and encourage long-term investing by allowing customers to execute trades swiftly at the prevailing market price, removing the complexities of timing the market and encouraging a patient, disciplined approach to achieve long-term financial goals.

A market order is an order to buy or sell a security at the next best price. When you place a market order with us, whether it's a buy or sell order, you're essentially instructing our brokerage provider to execute the trade immediately (or when the market next opens) at the best available price in the market when the order is placed in market.

Spaceship doesn't currently offer limit orders or stop orders.

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