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