MetaTrader 5 Android HelpTradeOpening and Closing PositionsMarket Execution

Market Execution

In the Market Execution mode, a trader agrees to execute a deal at the price offered by a broker.

Position Opening

Fill out the following fields in the order placing window:

  • Symbol – the symbol for which a trade operation should be executed. To change the symbol, tap on Symbols.
  • Volume – volume of an order in lots. To change the volume, use side buttons or click on the field to enter the value manually.
  • Trade operation type – select the appropriate item for the "Market Execution" mode. In this field you can also switch to placing a pending order.

An order in the Market Execution mode

  • SL – the Stop Loss level in prices. If you leave this field empty, this type of order will not be set.
  • TP – the Take Profit level in prices. If you leave this field empty, this type of order will not be set.
  • Fill Policy – additional rules of order filling: "Fill or Kill" or "Immediate or Cancel". If this box is not active, then the option is locked on the server.

A click on "Sell by Market" or "Buy by Market" creates an order to a broker to execute a Sell or Buy deal respectively at the broker defined price.

If the "Execution" box is not active, then the option is locked on the server.



Close by Market

Position Closing

In order to close the position you need to tap "Close position" in its context menu on the "Trade" tab.

Once you tap "Close by Market", the position will be completely closed.