A market order is an instruction to buy or sell immediately at the best available price. It guarantees execution but not a specific price — in fast-moving markets, the fill price may differ slightly from the quoted price (slippage). Market orders are the simplest and fastest way to enter or exit a trade.
EUR/USD is quoted at 1.1050/1.1052. You click 'Buy' to place a market order. Your order is filled instantly at the ask price of 1.1052 (or very close to it, depending on market speed).
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