XAUUSD Order Types

There are different types of gold orders which a trader can use to trade in Gold.

Basic definitions of the oftenly used types of xauusd trade orders:

Types of Gold Trading Instant Execution Market Orders and Pending Gold Orders

Instant Execution XAUUSD Trading Meaning

Instant Market Execution Order - This is the most basic type of gold order, Instant Market Execution Order is used to buy or sell at the current ask or bid gold trading quote xauusd trading price. Instant Market Execution Order refers to a gold order executed at the quoted xauusd trading price that pops up & is shown on your gold trading platform.

This type of xauusd order - Instant Market Execution Order - is used for buying or selling according to present exchange rate quotation in gold market & the execution is instant. The minute you want to enter a gold trade you can buy & sell gold at a click of a button key using a market order - Instant Market Execution Order.

How Do I Set Instant Market Execution Order in MetaTrader 4?

How to Set Instant Market Execution Order on MT4

How to Set New Order in Tools Menu on MetaTrader 4

To set new Instant Market Execution Order to buy or sell a trade can be found in MT4 tools menu within the MT4 Platform. The Button key for placing a new gold trade order is illustrated below. (Keyboard ShortCut Keys "F9")

How to Set New Instant Market Execution Order - in Tools Menu in MetaTrader 4

Placing a New Instant Market Execution Gold Trading Order

As a gold trader, once you select the new order button as illustrated and illustrated above the following popup window will appear. This pop up includes the settings for placing a new trade - Instant Market Execution Order.

Placing a New XAUUSD Order - Instant Market Execution Order - How to Place Instant Execution Gold Orders in MT4