A ‘Market Order’ is the definition of of wanting to enter the market at the current market price, regardless of where it may be. It executes instantly when the client opens the trade.
At GemForex all orders, including Forex pairs, are executed via the Market Execution method. It is a method of order execution that carries out orders in a couple of milliseconds at the best price on the market. The resultant implemented price may still be greater or lower than the requested price due to the frequent price change, resulting in a negative or positive price slippage for the client. This execution technique has the advantage of being the fastest one available and giving traders full market access without requotes.
