Market order

A market order buys or sells immediately at the best price available. It always fills, but at the ask if you buy and the bid if you sell, never at the last price on the chart, and in a thin book it walks through several price levels. Mochatrade order types list it next to the limit order used in one full trade.

Go on

In the help centreSee the order types available on Mochatrade
  • Limit orderA limit order buys or sells only at your price or better. You control the price, the market decides whether you trade…
  • SlippageSlippage is the gap between the price you expected and the price you got. It comes from the spread, from a thin book…
  • Order bookAn order book is the list of every resting buy and sell order, bids on one side and asks on the other, sorted by…
  • Stop-limit orderA stop-limit order becomes a limit order, not a market order, at its trigger. It refuses a bad fill in a gap, and that…
  • Partial fillA partial fill is when only part of a limit order executes because not enough size sat at your price; the rest keeps…
  • Last traded priceThe last traded price is the most recent trade on the venue's own book, the one the chart shows. You never trade at…

Educational content only. Not investment advice. Leveraged products magnify losses as well as gains.

Where it comes up