Order
An order is an instruction to a broker to buy or sell. MetaTrader 5 splits orders into market orders and pending orders, plus stop loss and take profit.
Explanation
The help page says an order is sent from the platform to a broker, checked on the server, and then executed, cancelled, rejected or left to expire. A deal is the result of a market order being executed or a pending order triggering. One order can produce more than one deal. The order's ticket number is how the platform ties the order, the deal and the position together. An order is an instruction. It is not itself a position, and it is not advice to place one.
This page explains published terms for education and reference. It is not financial, investment, tax, or trading advice, and it does not recommend a firm, product, or strategy.
Related terms
Sources and last check
Last checked . Rules, prices, and product names change. Read the source.