How it works
The order is designed to prioritize getting into or out of the market. The final fill can differ from the price visible when the order was submitted, especially in fast markets.
What to check
Use a market order when execution is more important than exact price and understand the platform's slippage policy. Large orders may be filled across more than one price level.
- Prioritize execution consciously
- Expect possible slippage
- Review fills after execution
Limits and risks
A market order does not guarantee the displayed quote. The trade-off for speed is uncertainty over the exact execution price.
Primary sources
BIS 2025 Triennial Central Bank Survey↗FCA: Contracts for difference (CFDs)↗General information only. Investment products can lose value, and terms, fees and regulation can change.