Instant Execution (Instant execution of orders).

With a fast-moving trend, it is quite important how quickly your order is opened; sometimes a delay of just a couple of seconds can cost quite a significant part of the profit. It is for this reason that it is so important that orders in the trading terminal are executed as quickly as possible. In practice, there are two options for executing orders: Instant Execution and Market Execution.

Instant Execution – also called instant or precise execution of orders; the second definition of this term is more correct.

Since the speed of instant execution can fluctuate within a fairly wide range.

It all depends on the broker you are working with and the current market situation. The main reason for interpreting this term as the fastest way to open transactions is that, according to the trading conditions, with this option for processing orders, the transaction must be executed exactly at the order price. And with a high speed of trend movement, this is simply not realistic and the trader will be refused to open a position, the so-called requote .

And to open an order you need to re-enter the market. Requotes occur especially frequently when trading using four-digit currency quotes, so before choosing one or another execution option, first try testing it on mini accounts with a given company.

Due to frequent requotes, market execution is in some cases a better option than Instant Execution.

Moreover, it should be noted that the name itself rarely affects the actual speed; you can verify this by comparing the trading conditions of some Forex brokers for individual accounts. If we talk about the advantages of these types of accounts, I would like to note only the fact that such accounts almost always have a fixed spread , which is quite convenient when trading some Forex strategies.

In addition, the broker is obliged to guarantee complete absence of slippage when trading on Instant Execution accounts, that is, if you apply to open a new order at a price of 1.3545, then at this price it must be executed or, if this is not possible, a request for consent must be submitted for execution at a new price.