What's Market Execution Order? - Order Types
There are various types of orders which one can use to trade in Indices.
Basic meanings of the often used types of orders:
Types of Market Orders and Pending Orders
Market Execution Trade Order
Market Order - This the most basic type of order, market execution order is used to buy or sell at the current ask or bid indices quote trading price. Market Order refers to a order opened at the quoted price that appears & is shown & displayed on your software.
This type of order - market execution order - is used for opening buy or opening sell according to present exchange rate quotation in market & the execution is instant. The minute you want to enter a trade you can buy and sell indices at a click of a button using a market order - Market Execution Order.
Indices Trading Set Market Execution Order in MetaTrader 4
MetaTrader 4 Software Basics Guide
How to Place New Order on Tools Menu in MetaTrader 4
To set new Market Execution Order to buy or sell a trade can be found on MetaTrader 4 tools menu within the MT4 Platform. Button for placing new order is portrayed below. (Short-Cut Key board Keys 'F9')
How to Place New Market Execution Order - in Tools Menu in MetaTrader 4
How to Place Orders MT4 Platform Software
As a trader, once you select the new order button as illustrated above following window popup will appear. This pop up includes settings for placing a new trade - Market Execution Order.
Market Execution Order - How to Place Orders on MT4