What is Buy Limit?
A buy order placed below the current price: you buy once price dips to a cheaper level.
Animation · Buy Limit
Learn “Buy Limit” in an animated lesson
- Forex: Pending Orders & RiskBuy Limit: Buying the Dip
A buy order placed below the current price: wait for the price to dip somewhere cheaper, then buy, expecting a bounce.
- Forex: Pending Orders & RiskThe Four Pending Orders: Review
Put all four pending orders into one 2×2 matrix (above/below × buy/sell) and see the differences at a glance.
- Forex: Pending Orders & RiskWhat Is a Pending Order?
Don't want to watch the screen all day? Leave an order waiting at your target price and it fills automatically when the price gets there.
Related terms
See how “Buy Limit” works for yourself with an animation you can drag and play.
Go to “Buy Limit: Buying the Dip”