SIE practice questionmediumOrder Types and Account Types
Which account can be used to enter both market and limit orders?
- AOnly custodial accounts
- BOnly margin accounts
- COnly options accounts
- DAll standard brokerage accounts✓ Correct answer
Explanation
Why D — All standard brokerage accounts
Market and limit orders may be entered in any standard brokerage account, regardless of whether it is cash, margin, options, or custodial.
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