If I Open a trade in forex, Does it mean I’m creating a “market order”?
Question : If I Open a trade in forex, Does it mean I’m creating a “market order”?
I’m a newbie in forex trading, just downloaded a broker platform and doing demo/practice account.
There I see option called “open trade” and also called “create order”. I’m confused that whether in order to open a position shall I click “open trade” or “create order” because what I learned from forex tutorials is that in order to buy or sell instantly, you should create a “market order”, but in my demo practice account trade is opened by just mere clicking on “open trade”, so I wonder what role plays the “create order”
forex tutorial
Best answer:
Answer by LouiKung
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