Market Order

Market orders mean that traders will be trading at prices prevailing at the time. To Buy means purchase price “ask” in effect at that time also, or to Sell means selling at a price “bid” in effect at that time also
Suppose you would buy a pair EUR / USD, the market was showing 1.2934/1.2938. This means your broker would buy the EUR / USD from you at a price of 1.2934 and 1.2938 for sell to you.

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