Placing a trade

1. Navigate to the ‘Quotes’ tab and tap on the instrument you would like to trade
2. Tap on ‘New Order’
3. You will be prompted to specify the volume and type of execution you would like. Complete this, then tap ‘Next’
4. Tap ‘New Order’
5. Add a stop loss or take profit (if using) and select ‘Buy’ or ‘Sell’

 

The MetaTrader 4 Android app allows you to place Market Execution and Pending orders, but the app does NOT allow you to place a trailing stop.

 

How to open a chart on the Android MT4?

1. Navigate to the ‘Quotes’ tab,
2. Click on the trading instrument you want to view a chart for, and a new pop-up window will appear.
3. Select ‘Chart’ and the requested chart will be opened.

Modifying a trade

1. Navigate to the ‘Trade’ tab.
2. Tap and hold the open position. A new pop-up window will appear.
3. Select ‘Modify Order.’
4. You will be prompted to enter your stop loss or take profit details. Once you have specified these, tap ‘Modify.’

 Viewing a trade / position

1. Navigate to the ‘Trade’ tab:
2. Open positions can be viewed under the ‘Positions’ menu. Pending positions can be viewed under the ‘Orders’ menu.

Closing a trade

1. Navigate to the ‘Trade’ tab, then tap and hold the open position. A new pop-up window will appear.
2. Select ‘Close Order.’ You will be prompted to confirm the closure of the trade.
3. Tap ‘Close.’