Fill Price in Forex
A clear definition of Fill Price, with practical context for reading markets and making better trading decisions.
Definition
Definition
The fill price is the actual price at which an order, or part of an order, is executed. It can differ from the price a trader saw or expected before execution when the market changes or liquidity is limited.
How It Works
Electronic markets separate the price you see, the instruction you send, and the final execution you receive. Available liquidity, order type, venue rules, and market movement can all affect what happens between those steps.
Why It Matters
This vocabulary lets you read a broker or platform screen accurately. The goal at Level 2 is mechanical literacy - knowing what a displayed price, order status, or execution record means - rather than predicting the market.
Key Takeaway
The fill price is the actual price at which an order, or part of an order, is executed.
Practical forex example
Why Fill Price matters
Understanding Fill Price helps traders interpret market information, plan decisions, and manage risk with more context.
Related forex terms
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