# Market Orders

A **Market Order** is an instruction to buy or sell immediately at the best available price in the order book.

### **When to Use？**

* When you want your order to be executed instantly.
* Suitable for entering or exiting a position quickly, regardless of slight price changes.

### **Key Points**

* Execution is guaranteed, but the price may vary slightly due to market liquidity (slippage).
* Best for urgent trades, not for precise price control.

### How to Avoid Slippage Risk When Using Market Orders？

* On the **Futures Order Placement** page, select the token you wish to trade.
* After confirming the trade direction, choose **Market Order**.
* Enter the order quantity.
* Click **Max Slippage Setting**, then enter the maximum slippage you are willing to allow.

<figure><img src="/files/B29C08063p71fFmXLjBQ" alt=""><figcaption></figcaption></figure>

* Click **Submit** to save the setting.

<figure><img src="/files/lUgMHfenBuZH1AXCamoF" alt=""><figcaption></figcaption></figure>

* Confirm the order.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://support.backpack.exchange/exchange/trading/order-types/market-orders.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.