|Order filled at the next available price||Order filled within the maximum allowed slippage|
|Automatic execution even if the price differs from the asking price||The trader can refuse execution if the price is different from the asking price|
|May be subject to slippage||May be subject to requotes|
|Tight spreads||Spreads are typically fixed and wider|
|Used by all types of brokers||Used by market maker brokers|
|Suitable for large orders||Large order will get numerous requotes|
|Preferred for fast trading||Opportunity for fast trading is limited|
It is clearly shown in the table above that Market type of execution offfers more benefits compared to the instant for the retail trader.
That is why we at SmartHub Ltd offer to our clients market execution on all instruments.