We utilize a bid price and an ask price within the app to give our customers more transparency when trading their currency. The bid price represents represents the maximum price that a buyer is willing to pay for the currency in the open market, and the ask price represents the minimum price a seller is willing to take for that currency.
As such, the "price" in the app is not indicative of when a limit order should fill. If it is a buy order, the "ask" price must reach your price before the order is filled.
As a broker and not an exchange, the "price" is a fair market price determined from our various routing destinations. The "price" is not actionable. The "ask" price is actionable on buy orders, and the "bid" price is actionable on sell orders. This applies whether you are sending market or limit orders.