Skip to main content

How to Place a Trade on MT5

Step-by-step instructions for placing market or pending orders on MT5.

Updated over 10 months ago

You can place trades directly through the MT5 platform once your account is funded and logged in.

Placing a Market Order

  1. Open the MT5 platform.

  2. In the Market Watch window, right-click the symbol you want to trade and select New Order.

  3. In the order window:

    • Confirm the symbol.

    • Enter the volume (lot size).

    • Optionally set Stop Loss and Take Profit levels.

  4. Choose Market Execution as the order type.

  5. Click Buy or Sell to execute the trade.

Placing a Pending Order

  1. In the order window, select Pending Order as the order type.

  2. Set:

    • The entry price.

    • Expiration time (optional).

    • Stop Loss and Take Profit levels (optional).

  3. Click Place to submit the pending order.

Note: Ensure sufficient margin is available before placing any trades.

Did this answer your question?