This type of order guarantees that the order will be executed, but does not guarantee the execution price. A market order generally will execute at or near the current bid (for a sell order) or ask (for a buy order) price. However, it is important for investors to remember that the last-traded price is not necessarily the price at which a market order will be executed.

There are two primary differences between limit and stop orders:

• A limit order uses a price to designate the least acceptable amount for the transaction to take place, while a stop order uses a price to trigger an actual order when the specified price has been traded.
• A limit order can be seen by the market, while a stop order can’t be seen until it is triggered.

Our team does the hard lifting for you. But to answer your question, pre-market orders can be placed.

Absolutely no limitations and restrictions.