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MT5: Opening and Closing an order (Mobile)

Trading guide

To place an order:

  1. Go to Quotes.

  2. Tap the symbol you want to trade and then tap New Order (if using Android) and Trade (if using iOS).

  3. Set your order parameters (i.e. Stop Loss, Take Profit, etc.).

  4. Tap Buy or Sell to open a Market order.

To set up pending orders:

  1. Locate the New Order (for Android) or Trade (for iOS) option.

  2. Tap on the execution type displayed and select a pending order.

  3. Set up the following parameters:

    1. Order Volume

    2. Price for the pending order (you will need to set up an additional price for buy stop limit and sell stop limit)

    3. Stop loss (optional)

    4. Take profit (optional)

    5. Expiration

Closing and modifying an order:

  1. Go to the Trade tab and tap the open position.

  2. To modify, tap Modify position and then Done once you have amended the desired fields.

  3. To close, tap Close position and verify the action.

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