What is Market Execution Order? - Market Orders - Market Execution Explained

There are different types of forex orders which a trader can use to trade in Forex.

Basic definitions of the oftenly used types of forex trade orders:

Types of Forex Market Orders and Trading Pending Orders

Market Order - Market Execution Order

Market Execution Order - This is the most basic type of forex order, market execution order is used to buy or sell at the current ask or bid quote price. Market Execution Order refers to a forex order executed at the quoted price that appears on your forex trading platform.

This type of forex order - market execution order - is used for buying or selling according to present exchange rate quotation in forex market & the execution is instant. Minute you want to enter a forex trade you can buy & sell the currency pair at a click of a button using a market order - Market Execution Order.

How Do I Set Market Execution Order on MetaTrader 4? - Market Execution Order on MT4

How to Set Market Execution Order in MT4 - MT4 Forex Platform Basics Explained

How to Set New Order in Tools Menu on MT4

To set new Market Execution Order to buy or sell a trade can be found on the MT4 tools menu within the MT4 Platform. The Button key for placing a new forex trade order is illustrated below. ( Short Cut Keys 'F9')

How to Set New Market Execution Order - in Tools Menu on MT4

Placing a New Market Execution Order - How to Place Orders MT4 Platform

As a forex trader, once you select the new order button as illustrated above the following popup window will appear. This pop up includes settings for opening a new trade - Market Execution Order.

Placing a New Forex Order - Market Execution Order - How to Place Forex Orders on MT4