What is Instant Market Execution Order?

There are different types of oil orders which a trader can use to trade in Oil Trading.

Basic definitions of the oftenly used types of oil trading orders:

Types of Oil Trading Instant Execution Market Orders and Pending Oil Trading Orders

Instant Market Execution Oil Trading Order

Instant Market Execution Order - This is the most basic type of oil order, Instant Market Execution Order is used to buy or sell at the current ask or bid oil trading quote crude oil price. Instant Market Execution Order refers to a oil order executed at the quoted crude oil price which pops up on your oil trading platform.

This type of crude oil trade order - Instant Market Execution Crude Oil Trading Order - is used for buying or selling according to the present exchange rate quotation in oil market and the execution is instant. Minute you want to enter a oil trade position you can buy and sell oil at a click of a button using a oil market order - Instant Market Execution Order.

Trading Oil Set Instant Market Execution Order on MT4

MT4 Oil Trading Software Basics Guide

How to Set New Order in Tools Menu in MT4

To set new Instant Market Execution Order to buy or sell a trade can be found on the MT4 tools menu that is within the MT4 Platform. Button key for placing a new oil trade order is shown below. (Key board Short-Cut Keys "F9")

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

How to Place Orders MT4 Crude Oil Trading Software

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

Instant Market Execution Order - How to Place Instant Execution Oil Trading Orders in MT4