What is Depth of Market (DOM)? - Definition & Explanation

Definition

A display showing the volume of buy and sell orders at different price levels.

Depth of Market (DOM) Explained

Depth of Market (DOM) shows pending buy and sell orders at various price levels, providing insight into market liquidity and potential support/resistance zones. Primarily available through ECN brokers.

Related Terms

ECN (Electronic Communication Network)

A system that matches buy and sell orders directly between market participants.

cTrader

A trading platform known for fast execution and advanced charting tools.

Depth of Market (DOM) - Frequently Asked Questions

No. Only ECN brokers typically offer true DOM data, usually through platforms like cTrader.

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