What Is a Market Order?
A market order is an instruction to enter or exit a position at the best available price under the provider’s execution conditions.
You use it when you want to execute immediately rather than waiting for a specific price.
Example
GBP/USD is currently trading around 1.3000.
You decide to buy immediately.
You submit a market buy order.
The order is executed at the available market price.
It may not be exactly 1.3000.
Why?
Because markets are constantly moving.
The displayed price and actual execution price can differ.
Key Takeaways
- Market orders aim for immediate execution.
- Execution price can differ from the price you expected.
- This is one reason slippage can occur.
Disclaimer
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
