---
title: "Market order - Meaning & GFN's Figure - Get Funded Now"
description: "An instruction to trade immediately at the best price available. It prioritises certainty of execution over certainty of price, so it will always fill…"
url: "https://getfundednow.com/glossary/market-order"
language: "en"
last_modified: "2026-09-22"
publisher: "Get Funded Now (getfundednow.com)"
translations:
  es: "https://getfundednow.com/es/glossary/market-order"
  pt-BR: "https://getfundednow.com/pt-br/glossary/market-order"
  fr: "https://getfundednow.com/fr/glossary/market-order"
  it: "https://getfundednow.com/it/glossary/market-order"
  de: "https://getfundednow.com/de/glossary/market-order"
disclosure: "All trading at Get Funded Now is simulated. 'Funded' means a simulated or virtual account; GFN is not a broker and does not hold client funds."
---

Trading mechanics

# Market order

An instruction to trade immediately at the best price available. It prioritises certainty of execution over certainty of price, so it will always fill but not always where expected.

GFN’s figure

Every GFN trade, whatever the order type, must stay open for at least 2 minutes on all three programmes, in both the evaluation and funded stages.

In detail

## Market order, explained

In liquid conditions the difference between the expected and the received price is negligible. In thin or fast conditions it is not, which is why market orders around a scheduled release behave so differently from market orders mid-session.

For a prop account the risk is that an unexpected fill starts a position further underwater than planned, consuming part of the daily allowance before the trade has begun.

[Rules handbook](https://getfundednow.com/rules) · [More trading mechanics](https://getfundednow.com/glossary/category/mechanics)

Related

## Terms that come with it

Most rules only make sense next to the ones they interact with. These are the entries this one depends on.

- [Limit order](https://getfundednow.com/glossary/limit-order) - An instruction to trade only at a specified price or better. It controls the price but not the fill: if the market never reaches the level, or passes through it too quickly, the order does not execute.
- [Stop order](https://getfundednow.com/glossary/stop-order) - An order that becomes a market order once a specified price is touched. Used to enter on a breakout or to exit a losing position, it fills at whatever price is available once triggered.
- [Slippage](https://getfundednow.com/glossary/slippage) - The difference between the price requested and the price filled. It appears when the market moves between order and execution, and it is most pronounced around news and at thin points in the session.
- [Execution](https://getfundednow.com/glossary/execution) - The process of turning an order into a filled position - the price received, the delay before it arrives, and whether the order is filled in full. It is where a strategy meets reality.
- [Spread](https://getfundednow.com/glossary/spread) - The gap between the bid and the ask price. It is the cost paid on entry: a position opens slightly underwater by the width of the spread before the market has moved at all.

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Source: https://getfundednow.com/glossary/market-order
Facts about Get Funded Now in one file: https://getfundednow.com/llms.txt