What is a Market Order?

4XC

Last Update vor einem Monat

A Market Order is an instruction to buy or sell an instrument at a specified price. You need to remember that a market order can be executed at the best available price of the scheduled order, so it can be different from the quoted price at the time you place it.

A market order immediately becomes an open position that can be monitored in the Trade tab in your MT4/MT5.

Market orders can be placed only during the trading hours of the underlying asset.

A market order can also have ‘Take Profit/ Stop Loss’ orders attached to it.

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