Market order

Updated 2026-09-20

Definition

An order executed immediately at the best available price.

Why it matters

It's the quickest but exposes you to slippage in fast moments. You buy at the ask and sell at the bid.

Practical example

You press Buy on EUR/USD: you enter immediately at the current ask price.

Learn more

Course lesson: Order types: how to enter, exit and protect yourself

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Full glossary

Educational content, not financial advice. Trading involves risk.