The service started with a presentation of wreaths, before a bugler played The Last Post.
A two-minute silence was observed by the crowd of more than 7,700 spectators, before the Reveille was played.
Stadium announcer Trevor Marshall read the Exhortation and the Kohima Epitaph as part of the service, before the Armed Forces personnel marched off the pitch to applause from the crowd.
At half-time in the match, which the Dons won 6-1, there was a parade by Armed Forces personnel around the edge of the pitch.
Dignitaries in attendance included Milton Keynes Mayor Paul Trendall.
Photos of the service by Jane Russell.
5. MK Dons Remembrance service
A banner was held up in The Cowshed during the Remembrance service Photo: Jane Russell
6. MK Dons Remembrance service
The Remembrance service took place before MK Dons league match against Doncaster, which the home side won 6-1 Photo: Jane Russell
7. MK Dons Remembrance service
A period of applause was observed around the stadium following the period of two minutes silence Photo: Jane Russell