MetaTrader 5 Android HelpTradeOpening and Closing PositionsInstant Execution

Instant Execution

In this execution mode, a market order is filled at the price offered to the broker. The mobile platform automatically inserts current prices in the order.

Position Opening

At the first stage of opening a position, you can specify the following parameters:

  • Symbol – the symbol for which a trade operation should be executed. To change the symbol, tap on Symbols.
  • Trade operation type – select "Instant execution" for the market operation. In this field you can also switch to placing a pending order.

Position Opening

  • Volume – specify here the volume of a trade operation in lots. To change the volume, use side buttons or click on the field to enter the value manually.
  • 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.
  • deviation – the deviation of the order execution price from the specified price, on which the trader agrees. The larger this value, the less likely it is to receive a new execution price (requote) in response to the order execution request. If the deviation is less than or equal to the specified parameter, the order will be executed at the new price without a notice. Otherwise, a broker returns new prices, at which the order can be executed.

Once all the necessary data have been specified, tap "Sell" or "Buy". In this case an order to open a short or long positions, respectively, is sent to the broker.

If incorrect Stop Loss and Take Profit are specified in an order, a warning "Invalid S/L or T/P" appears after you tap the Buy or Sell button and the order is not accepted.


Requote #

If during order processing the symbol price has changed by an amount greater than that indicated in the "Deviation" field, the dealer (the server) cannot accept the order and offers new execution prices to the trader. In this case, an appropriate message is shown:


If the trader agrees with the new prices, he or she should tap "Accept", and the order will be executed at the new prices. If the new price does not suit, the trader taps "Reject".

New prices are valid for a few seconds only. If the trader does not decide during that time, after tapping any button the order will be requoted again.

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", the position will be completely closed.

Close position