A market order executes immediately at the best available price. It’s the fastest way to enter or exit a trade.
How It Works
- Click “Buy” or “Sell”
- Order sent to broker
- Filled at current market price
- Execution in milliseconds
Market vs. Limit Order
| Market Order | Limit Order | |
|---|---|---|
| Speed | Instant | May wait |
| Price | Best available | Exact price set |
| Guarantee | Execution ✅ | Price ✅ |
| Slippage | Possible | None |
When to Use
✅ When speed matters more than price ✅ Highly liquid markets (EUR/USD) ✅ Breaking news situations ✅ Closing positions quickly
Risks
⚠️ Slippage — Price may differ from what you see ⚠️ Spread widening — During news events ⚠️ Gaps — Weekend or overnight gaps
Key Points
- Use market orders for liquid pairs only
- Avoid during high-impact news (unless intentional)
- Check the spread before clicking