EURUSD 1.1858 USDJPY 111.60 USDCAD 1.2372 EURCZK 26.031 USDCZK 21.947 EURPLN 4.2727 USDPLN 3.6036
EURUSD 1.1858 USDJPY 111.60 USDCAD 1.2372 EURCZK 26.031 USDCZK 21.947 EURPLN 4.2727 USDPLN 3.6036

Start real trading in just 30 minutes

Start real trading in just 30 minutes

Micro-lots with no minimum deposit!

Open demo account MetaTrader5

Open demo account MetaTrader5

Opening demo account is the first step

Demo account in MetaTrader 4

Demo account in MetaTrader 4

All-time trading platform classic

For beginners

For beginners

Learn the basics of financial markets

The trader can close transactions on financial instruments manually or by using automatic orders

Rule of thumb

The MetaTrader 5 platform in a specific situation is also capable of closing the transactions automatically.

 

This may occur as a result of execution of a Stop Loss/ Take profit automatic order, or as a result of the Stop Out mechanism

An open position can be closed manually through the MetaTrader platform at any given  time, provided that the trader is logged in to the trading account and the respective market is open.

 

Let us assume that the trader wants to close the position on the EURUSD market opened. In order to do so, one may choose to:

  • Click on the open position visible in the Toolbox window at the bottom of the platform workspace. One can click anywhere on the open position in question except for „S/L” and „T/P” columns, which are used for other purposes
  • Find the EURUSD symbol in the Market Watch window on the top left side of the workplace of the platform.
  • Simply press the F9 button and then choosing the EURUSD symbol in the Symbol field at the top of the window.

 

As a result, one should see the same Order window as previously, with just one significant change. At the bottom of the window a new yellow button should be visible with a label „Close...”, where what follows is the description of the order one wants to close. Pressing the button initiates the process of closing the order.

 

metatrader, closing

 

Alternatively, one can close a long position by choosing the option „Sell” on the same market.  Respectively, a short position is closed by pressing the „Buy” button.

 

Once the transaction is closed, the trading platform will show the confirmation of transaction executed. At the same time the closed position will disappear from the Trade tab in the Toolbox window  at the bottom of the screen, however it will be visible in the history of the account (tab History in the Toolbox window). In order to learn how to read the history of the account, you can read the Account information section. 

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