Exness Order Execution Types
To meet the needs of various traders, Exness provides two kinds of order execution, specifically Market Execution and Instant Execution. Traders are able to select the most precise and relevant options to trade, based on market conditions and individual strategy. Exness has a suitable option for both; be it such high volatility markets or stable consistent market entries.
Types of Order Execution at Exness
At Exness, you can choose between two main types of order execution, each offering unique advantages:
Market Execution
This type of execution focuses on speed. When you place an order, it is executed at the current market price, even if it has changed slightly from the price you requested. This makes it ideal for volatile markets where prices move quickly. Traders using Market Execution know their orders will be fulfilled without delay.
Instant Execution
For traders who value precision, Instant Execution is the better choice. With this option, your trade is executed only at the price you request. If that price is not available, the trade is not placed. While this type of execution might take longer, it ensures you only trade at your preferred price.
Features of Each Execution Type at Exness
Exness offers two main execution types: Market Execution and Instant Execution. Each one has unique features to suit different trading styles.
Market Execution focuses on speed. When you place an order, it is filled at the best available price in the market. This is great for fast-moving markets, like during big news events, because it ensures your trade is executed quickly. However, the final price might differ slightly from what you expected, a phenomenon known as slippage.
Instant Execution, on the other hand, prioritizes precision. Your order will only be executed at the exact price you request. If that price isn’t available, you’ll get a requote and can decide whether to accept the new price or not. This makes it ideal for strategies that depend on entering the market at specific price levels.
Both types serve different needs. If you need speed and flexibility, Market Execution is the better choice. If accuracy is your priority, Instant Execution is the way to go. Understanding these features helps you decide which type to use for your trading goals.
Choosing the Optimal Execution Type at Exness
Selecting the appropriate execution type is based on your trading objectives, strategy, and the prevailing market conditions. With multiple options of both Market Execution and Instant Execution, every Exness trader can ensure that they find the style that suits them best.
Market Execution might suit you well if you are a scalper or day trader who does well in fast-moving environments. It puts speed first, enabling you to respond as soon as the market turns, without getting stuck on precise price points. For long-term traders or those relying on precise entry and exit points, Instant Execution offers greater control. This execution type ensures that your trades occur only at your chosen price, even if it takes a little more time.
To decide which option suits you best, consider your trading style:
- Hybrid Approach? You can switch execution types as your strategy evolves.
- Fast Execution Needed? Choose Market Execution.
- Precise Pricing Important? Go for Instant Execution.
Advantages and Disadvantages of Different Execution Types
Each execution type has its strengths and weaknesses. Understanding these can help you use them effectively.
Market Execution
Advantages:
- Fast execution ensures you don’t miss opportunities in volatile markets.
- No requotes mean you don’t need to confirm the price.
- Ideal for strategies like scalping and high-frequency trading.
Disadvantages:
- It doesn’t guarantee trades at the exact price you request.
- Prices can change during execution, leading to slippage.
Instant Execution
Advantages:
- Your trade is placed at the exact price you request or not at all.
- Perfect for strategies that depend on precise entry points.
Disadvantages:
- Trades can be delayed if your price isn’t available, causing requotes.
- Not suitable for fast-moving markets where prices change frequently.
Both types have their uses. The key is to match the execution type with your trading strategy and market conditions.
Practical Examples of Using Execution Types in Exness
Let’s look at how you might use each execution type in real trading situations.
Example 1: Using Market Execution
You’re trading EUR/USD during a big news event. Prices are moving rapidly, and you need to act fast. With Market Execution, your order is filled instantly at the best available price. You may not get the exact price you requested, but the trade happens quickly.
Example 2: Using Instant Execution
You’ve identified a strong support level on GBP/USD at 1.2000 and want to buy if the price hits this level. Using Instant Execution, you ensure the trade happens only at 1.2000 or not at all. This gives you control over your entry point.
Example 3: Combining Both Types
You’re a flexible trader. In calm markets, you use Market Execution for speed. But during specific setups, like breakout trades, you switch to Instant Execution to guarantee precise entries.
By understanding these examples, you can apply the right execution type to your strategy and gain more control over your trading outcomes.
Frequently Asked Questions (FAQ)
What is the difference between Market Execution and Instant Execution on Exness?
Market Execution executes your trade swiftly at the best available price, which may vary slightly from your request. Instant Execution guarantees that your trade will be filled at the price you provide but doesn’t promise that price will always be available, so you may receive a requote and have the option to accept an updated price.
Which execution type is better for scalping on Exness?
Market Execution is better for scalping because it focuses on speed. Scalpers rely on quick trades in fast-moving markets, and Market Execution ensures orders are placed instantly without delays caused by price confirmation.
Can I change my execution type on Exness?
The execution type is linked to your account and the instruments you trade. You can’t directly switch between Market Execution and Instant Execution, but you can choose an account type or asset that uses your preferred execution method.
Does Exness offer instant execution for all types of assets?
No, Instant Execution is not available for all assets. It is mostly used for forex trading. Other assets, like cryptocurrencies or stocks, usually use Market Execution. Check the specifications of your chosen asset on the Exness platform for details.
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