Instant Execution or Market Execution?

To find out if your MT4 broker is Instant Execution or Market Execution, click “the New Order” button and look at the “Type” field. You will see there if your broker is Instant Execution or Market Execution.

This information is good to know because some EA’s use Instant Execution and some use Market Execution.

What is the main difference between Instant Execution and Market Execution?

With Market execution the order is opened without Stop Loss or Take Profit. The SL and TP is added or modified later.

Here is a list of my brokers and their types of execution:

ATC Brokers = Instant Execution
FinFx Brokers = Market Execution
Forex.com = Market Execution
ILQ Brokers = Instant Execution
MB Trading = Market Execution

Based on my brokers above tt appears that most are Market Execution.

What type of execution does your broker have?

Hope this information helps you.

Contact me if you have any questions or comments. Or you mayn just post your comments on my blog below.

Have a great year!

Mike Torres
Miami, FL
(305) 389-0170
http://BestForexVPS.com
http://ForexExpertAdvisors.com
http://MiamiForexClub.com
http://WealthSecrets.com
(305) 389-0170 cell

About forexrobotblog

I have been a Realtor here in Miami, Florida for the last 10 years. Due to the housing bubble in 2008, I had to quickly reinvent myself. The new career I chose is to trade forex full time. My intention through this blog is to share ideas with you about my experiences in trading forex and to also collaborate with other serious forex traders. Feel free to contact me with any questions or comments you may have.
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