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How to Open, Modify, and Close Trades

A complete guide to managing your positions in MetaTrader 5.

Updated today

Opening a Trade

Method 1 — New Order Window (F9):

1. Select the instrument

2. Choose volume (lot size)

3. Set Stop Loss and Take Profit

4. Click Buy or Sell

Method 2 — One-Click Trading:

1. Press Alt+T on a chart to enable One-Click Trading

2. Enter your volume in the box at the top-left of the chart

3. Click Buy or Sell

Method 3 — Right-click on chart:

1. Right-click the chart

2. Select Trading → New Order

Modifying a Trade

To change the Stop Loss, Take Profit, or other parameters of an open position:

1. Go to the Trade tab in the Toolbox (Ctrl+T)

2. Right-click the position you want to modify

3. Select Modify or Delete

4. Change the SL, TP, or other values

5. Click Modify

Closing a Trade

Full close:

1. Go to the Trade tab

2. Right-click the position

3. Select Close Position

4. Confirm

Partial close:

1. Right-click the position

2. Select Modify or Delete

3. Change the volume to less than the current size

4. Click Close

The remaining portion stays open as a separate position.

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