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How to Open/Close Trades (MetaTrader 4 (MT4)/Computer)
How to Open/Close Trades (MetaTrader 4 (MT4)/Computer)

Learn how to Open/Close Trades, Add SL/TP on your MT4 platform

Nour A avatar
Written by Nour A
Updated over a year ago

Login to MetaTrader 4 (MT4) Platform with your trading account.

How to Open a Trade - Follow Below Steps

  • Select your instrument by searching for it through the Market Watch.

  • Right-click or double click on the instrument you wish to trade and select "New Order"

  • Choose the amount of Volume in Lots (the number of units you will buy or sell)

  • Optional: you may manage your Risk Management by clicking Stop Loss or Take Profit

  • Optional: you may open a Pending Order by selecting Open trade when rate is, and select the price you wish the trade to open when reached.

  • Once you have completed your trade settings, Select Sell by Market or Buy by Market (Sell if you predict the price will decrease/Buy if you predict the price will increase)

  • Then select "OK"

Congratulations, you have successfully opened a trade!

You can find and monitor your open trade by going to the "Terminal" and select the "Trade" Tab


How to Close the Trade

  • Go to Terminal" and select the "Trade" Tab

  • Find the trade that you wish to close, right-click on the trade and select "Close Order". Alternatively you can click on the X button on the far right of the instrument.

A pop up window will appear, and simply click on the Yellow Close Tab and then confirm it by clicking on "OK"

How to find your Closed Trades (Trading History)

  • Go to "Terminal"

  • Select "Account History"

  • You may select the time period of closed trades by right click anywhere in the "Account History" Tab

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