Forex Glossary
What Is Order Types (Market/Limit/Stop)?
A market order fills at the current price; a limit order at a set better price; a stop order once a set level is crossed.
A market order fills immediately, a limit order waits for a better price, and a stop order triggers once a level is crossed; stop-loss and take-profit build on this.
Risk warning. Leveraged forex trading carries high risk and in Türkiye may only be offered by SPK-authorised intermediaries; leverage is capped at 1:10 (half of that may apply if the initial margin at account opening is below TRY 50,000). This content is not investment advice; user statements belong to their authors.