Placing/Modifying/Viewing/Closing trades/orders via Android
Placing a trade
- Navigate to the ‘Quotes’ tab and tap on the instrument you would like to trade
- Tap on ‘New Order’
- You will be prompted to specify the volume and type of execution you would like. Complete this, then tap ‘Next’
- Tap ‘New Order’
- Add a stop loss or take profit (if using) and select ‘Buy’ or ‘Sell’
Types of Order: You are able to place Market Execution and Pending orders on your Android app. However, you are unable to place a trailing stop using the MetaTrader 4 Android app.
How to open a chart on the Android MT4?
- Navigate to the ‘Quotes’ tab,
- Click on the trading instrument you want to view a chart for, and a new pop-up window will appear.
- Select ‘Chart’ and the requested chart will be opened.
Modifying a trade
- Navigate to the ‘Trade’ tab.
- Tap and hold the open position. A new pop-up window will appear.
- Select ‘Modify Order.’
- You will be prompted to enter your stop loss or take profit details. Once you have specified these, tap ‘Modify.’
Viewing a trade/position
- Navigate to the ‘Trade’ tab:
- Open positions can be viewed under the ‘Positions’ menu.
- Pending positions can be viewed under the ‘Orders’ menu.
Closing a trade
- Navigate to the ‘Trade’ tab, then tap and hold the open position. A new pop-up window will appear.
- Select ‘Close Order.’
- You will be prompted to confirm the closure of the trade. Tap ‘Close.’