The most common order type is the market order which is usually the best option when a trader needs to enter and exit a trade on the fly. A Limit Entry Order differs from a market order in two primary ways. First, a Limit Entry Order requires that you specify an entry price where you want to enter a trade. The second is that a Limit Entry Order can only fill at the requested price or at a better price whereas a Market Order can fill at the requested price, a better price, or at a worse price.
Educational Videos: All videos are provided for educational purposes only and clients should not rely on the content or policies as they may differ with regards to the entity that you are trading with. Further, any opinions, analyses, prices, or other information contained on this website is provided for educational purposes, and does not constitute investment advice. FXCM will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Risk Warning: Our service includes products that are traded on margin and carry a risk of losses in excess of your deposited funds. The products may not be suitable for all investors. Please ensure that you fully understand the risks involved.