Joining the top broker will make your trading activity is more comfortable and secure. Actually, there are some indicators and considerations that you could use to choose the best one. In this time, the order execution is the thing that is applied.

Execution order is the way a broker will process the trading that you order. In forex trading, there are various types of consideration that will be used to decide the most trusted and professional ones. You need to know about it.

The differences can be really detail. It is about the benefits, risks, and many more again. Knowing these things will make you are able to choose the top broker that offers the best services and also features. Check this out.

The Types of Execution Order

Actually, there are two different types which you have to know. Those are the ‘market’ and ‘instant’ one. The instant term is used to do an act of trading at a price that is suitable with your needs. In fact, it will be directed by an intermediary. 

It will be held by them as well. In this case, they act as a dealer which is responsible to run your order. Because they did it for you, a lot of people thought that this type is too risky. It is especially if you choose the wrong one. 

The second type is the market execution. It is usually based on the real price in the market. The top broker will run this way. Your order will be not held by them, but directed to the market straightly. It is filled with the real price.

That is served by the liquidity provider. It means that the role of a company, in this case, is pure as an intermediary who connects the trader and market. It could take you away from the requite risk since everything is based on real prices. 

How to Know the Execution Used

Sometimes maybe you are curious about which type is used by a top broker. Usually, a company has been displayed the kinds that they use. They list it on their official website. However, not all platforms clearly show this to people.

As a consumer, you can do something to reveal about execution order which is used. To know about that thing, there are several steps that can be followed. First of all, start by registering a demo account. Then download a trading platform.

After that, log in to that platform. As a new user, usually you will be asked to make a username and password. Make sure not to share the password that you create with other people. Then open the ‘new order’ menu there.

In that menu, you will see a column named ‘type’. You could see from there about the execution order used by a top broker. It will be stated there clearly. You could consider whether it is suitable for your needs or not.

Didimax Forex Broker As a Professional One

It can be said that if you want to get the best top broker in a forex market, they must use the market execution. However, make sure that they have good transparency as well. However, a company may come with various options as well.

It is normal. So, what you can do is observing its specific account. The best forex broker right now is called Didimax. It is the licensed and legal one under the trusted institution. You can get excellent services at an interesting price.

The access can be done quickly. The low spread and commission is also the thing that makes it is so amazing. It is also a cross-platform company that can be used in several devices. Join this top broker now since it has easy deposit and withdrawal.