How to Place Trades on MetaTrader 4
How do I open the order window?
Choose any of these methods:
Method 1: Market Watch window Double-click any instrument (e.g., EUR/USD) |
Method 2: Toolbar Click the New Order button |
Method 3: Chart menu Right-click on a chart and select New Order |
Method 4: Keyboard Press F9 |
How do I set up my trade?
Select your instrument Step 1 - Check the Symbol box shows your desired instrument Step 2 - Change it if needed using the dropdown |
Set your trade size Step 1 - Click the Volume box Step 2 - Either:
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Minimum trade sizes:
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Add comments (optional) Use the Comments box to add notes that help identify your trades. |
What order types can I use?
Instant execution (default)
Executes your order at the current market price.
Pending orders
Sets a future price to open your trade. Choose between:
- Stop orders
- Limit orders
How do I execute my trade?
Click either:
- Buy button (for long positions)
- Sell button (for short positions)
Your order executes immediately.
How do I monitor my trades?
Step 1 - Open the Terminal window Step 2 - Click the Trade tab Here you'll see:
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How do I close a trade?
Option 1: Double-click method Step 1 - Double-click the order ticket number Step 2 - Click the Close button |
Option 2: Right-click method Step 1 - Right-click the order in Terminal window Step 2 - Select Close Order |
Key points
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