There are two types of Buy Orders at the Exchange:
Market Order: used to bid at going/market prices.
Limit Order: used to bid at the price you want.
We will provide examples for both Buy Order types.
As a reference, here's our guide to placing orders at the Exchange:
BUY LIMIT ORDER
On the Buy box, choose Order Type that is Limit, then enter Price and Quantity. Click Buy.
For Limit Orders, you can click on the available price in the order book to generate the price automatically and/or edit it, or enter the price manually.
You can use Auto Allocate Amount - click on the specific percentage to buy a specific instrument based on your balance and price specified.
Review the information on the Order Confirmation display. Click Confirm to proceed.
BUY MARKET ORDER
To execute a Buy Market Order, choose Market for the Order Type then enter Quantity at the Buy box. Click Buy.
Click Confirm to process the order.
To check the status of your order, go to Reports > Trading History. All Pending Orders will go to the Pending Orders tab.