Market Range vs. At Market Orders


There are two order types to choose from when creating a Market Order: At Market and Market Range. At Market executes the order at the best price available to FXCM from is many liquidity providers, which includes FXCM's markup. A Market Range order will only execute if the order can be filled within the defined range that you set. For example, setting the range to 10 guarantees that the order will only execute within a price range that is either 10 pips above or below the order price, assuming liquidity is available. This order type is a good option when prices are volatile like they often are around news events.

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