How to place a market order

OANDA’s desktop trading platform has been discontinued. It will not be available for download if you signed up with OANDA on or after 20th January 2023. If you signed up with OANDA before 20th January 2023, you may continue using the desktop platform.

Below is a list of instructions to complete a market order.

1. Open a trade ticket (new order window) by selecting New TradeClosedA trade is the actual execution of buying or selling an asset, resulting in a completed transaction. or clicking Sell or Buy

2. Make sure you have selected Market OrderClosedAn instruction to buy or sell an instrument under the specified conditions

3. Choose whether you wish Buy or Sell

4. Verify that the instrument selected is the one you wish to trade

5. Input the number of units you want to trade

6. Set your trade preferences, such as Stop Loss or Take Profit order

7. Click Submit to place the order

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If an order is successful and a trade is executed, the exchange rate obtained for the trade will correspond to the most current exchange rate maintained at the OANDA servers and not necessarily the rate you saw in the BUY/SELL market order window. This is because the rate may change due to market conditions during the time it takes to process and confirm the order.

Below is a list of instructions to complete a market order.

1. Click on the buy or sell price for a particular instrument listed under the Rates panel to open a trade ticket (New Order window)

2. Alternatively, you may open a trade ticket for the instrument displayed on your chart by clicking BUY or ‘SELL’

3. Choose whether you wish to Buy or Sell

4. Select Market to enter a trade at the current price

5. Input the size of the trade by entering the number of units

6. Set your trade preferences, such as stop loss, take profit, trailing stop etc.

7. Click Submit to place the order

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Below is a list of instructions to complete a market order.

1. Double click on the symbol name for a particular instrument listed under the Market Watch panel to open a trade ticket (Order window)

2. Input the size of the trade by the number of lots in the Volume box (for the sample, 1.00 lot is equivalent to 100,000 units of currency or refer to the per lot volume size of precious metals and CFDs on our Hours of operation FAQ )

3. Set your stop loss take profit preferences

4. Choose Market Execution for market orders

5. Click Buy by Market or Sell by Market to place the order

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Below is a list of instructions to complete a market order.

1. Press on the buy or sell price for a particular instrument listed in the Rates panel to open a trade ticket (New Trade window)

2. Select Market Order to enter a trade at the current price

3. Choose whether you wish to Buy or Sell

The app pre-selects Buy by default. Please always double check the order direction before placing your order.)

4. Input the size of the trade by entering the number of units

5. Set your trade preferences, such as stop loss, take profit, trailing stop etc.

6. Press Submit to place the order

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Below is a list of instructions to complete a market order.

1. Press on the buy or sell price for a particular instrument listed in the Rates panel to open a trade ticket

2. Select Market Order to enter a trade at the current price

3. Choose whether you wish to Buy or Sell

The app pre-selects Buy by default.Please always double check the order direction before placing your order.

4. Input the size of the trade by entering the number of units

5. Set your trade preferences, such as stop loss, take profit, trailing stop etc.

6. Press Submit to place the order

User-added image

Below is a list of instructions to complete a market order.

1. Press on the buy or sell price for a particular instrument listed in the Rates panel to open a trade ticket (New Order window)

2. Select Market Order to enter a trade at the current price

3. Choose whether you wish to Buy or Sell

The app pre-selects ‘Buy’ by default. Please always double check the order direction before placing your order.

4. Input the size of the trade by entering the number of units

5. Set your trade preferences, such as stop loss, take profit, trailing stop etc.

6. Press Submit to place the order

7. To confirm the market order, press Submit Trade

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