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Market Range

A slippage protection feature for market orders in cTrader. The Market Range defines the maximum price deviation (in pips) from the price seen at order submission that you are willing to accept. For example, if you set a market range of 2 pips on a buy order and the current ask is 1.38428, the order will only execute up to 1.38448; if prices move beyond that, the order won’t fill. Essentially, a market range order is like a “market order with a limit” – it helps avoid excessive slippage during volatile conditions (e.g., news releases) by not filling your order beyond the specified range.