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How to Place a Trade (iPhone)

Updated 2 hours ago

Placing a trade

  • Navigate to the Quotes tab

  • Tap on the instrument you want to trade

  • Press Trade.

  • You will then be prompted to specify the volume (number of lots) and type of execution you would like. At this point, you can also add a Stop Loss or Take Profit, if you want to apply for one.

  • To place a Market Order, click on Buy by the Market or Sell by the Market, if you want to place a Pending Order select Place.

Types of Order: You are able to place Market Execution and Pending orders (Buy Limit, Sell Limit, Buy Stop, Sell Stop, Buy Stop Limit and Sell Stop Limit) on your MetaTrader 5 iPhone app. However, you are unable to place a trailing stop using the MetaTrader 5 iPhone app.

Changing a Market Execution Order to a Pending Order

You can convert your trade to a pending order by following these steps:

  • Go to the Trade tab.

  • Find the trade you want to modify.

  • Click Modify.

  • Tap on the displayed execution type and select a pending order.

  • After selecting a pending order, configure the parameters such as Price, Volume, Stop Loss, Take Profit, and Expiration.

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