What is a Market Order?
4XC
Last Update één jaar geleden
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.