Exness Trade is a bespoke trading platform compatible with MetaTrader 5 trading accounts. Both real and demo MT5 trading accounts can be created, managed, and traded with Exness Trade.
To trade with MT4 accounts from Exness Trade, you will need to download the MT4 mobile application.
This article covers how to trade on your MT5 trading accounts with Exness Trade. For other trading features, we have an in-depth article exploring the trading features of Exness Trade.
- Opening orders
- Closing orders
- Managing orders
- Delete pending orders
Opening orders
How to open a new order with Exness Trade:
- Open Exness Trade.
- Tap on the Trade tab.
- Tap any trading instrument to expand its chart.
- Tap Sell or Buy to open basic order settings, such as lot size. Tapping Order settings brings up advanced options including:
- The choice of 3 order types; market order, and appropriate limit and stop order types. Tap the tab to select the type.
- Take profit and stop loss options for each order type.
Real-time data appears as these selections are chosen.
- Tap the appropriate Confirm button to open the order.
- A notification confirms that the order has been opened.
We recommend reading more about stop levels to better understand take profit and stop loss options for orders.
How to open pending orders
How to open a pending order with Exness Trade:
- Open Exness Trade.
- Tap on the Trade tab.
- Tap any trading instrument to expand its chart.
- Tap Sell or Buy to open basic order settings, such as lot size.
- Tap order settings to bring up the advanced options.
- Tap the appropriate Limit or Stop tab.
- Enter the desired price of the order in the Price field.
- Optionally, you can set the take profit and stop loss options here too.
- Tap the appropriate Confirm button to create the pending order.
- Confirm the pending order is active by opening the Accounts tab and selecting the Pending tab.
We recommend reading more about the pending order types to better understand how they work with your orders.
Requotes
When opening/closing a market order on a trading instrument with instant execution (Pro trading accounts only), the system displays a requote with a set of available prices if the requested price is not available.
- When opening a trade, requotes will show a new price to be confirmed.
- When closing a trade, requotes show a new price and the projected profit or loss.
Note: If a pending order is canceled, either due to insufficient margin or low leverage, you will immediately receive a canceled order push notification.
For example: Unable to execute pending BUY order #232323 for 0.2 lot(s) of XAU/USD.
Follow our link to find out more about requotes in-depth.
Closing orders
How to close an open order with Exness Trade:
- Open Exness Trade.
- In the Accounts tab open orders are shown in the Open tab.
- Tap the order you wish to close, and then tap Close order.
- Tap Confirm to close the order.
- A notification confirms that the order has been closed.
Partially closing open orders
Partial closes allow a smaller portion of active orders to be closed. This is possible if the order volume is at least twice the minimum lot amount for that trading instrument.
- Open Exness Trade.
- In the Accounts tab open orders are shown in the Open tab.
- Tap the order you wish to partially close, then select the Partial Close tab.
- Set the closing volume amount and then tap Close.
- Tap Confirm to partially close the order.
- A notification confirms that the order has been partially closed.
Closing all positions
Note: This feature is currently only available for Android users.
- Open Exness Trade.
- In the Accounts tab, open orders are shown in the Open tab.
- At the bottom of your open orders, tap Close all positions.
- Select an option of either:
- Close all
- Close all profitable
- Close all losing
- Close all Buy
- Close all Sell
- Tap Confirm.
- A notification confirms the number of actual positions closed and resulting profit/loss.
Managing orders
It is possible to change some settings for open orders, such as its take profit and stop loss settings, as well as some parameters set for pending orders.
To modify an open order with Exness Trade:
- Open Exness Trade.
- In the Accounts tab open orders are shown in the Open tab.
- Tap the order you wish to change.
- The Modify tab is open by default and here the take profit and/or stop loss settings can be set or changed.
- Tap Confirm to modify the order’s settings.
- The order has now been changed.
We recommend reading more about stop levels to better understand take profit and stop loss options for orders.
To modify a pending order with Exness Trade:
- Open Exness Trade.
- In the Accounts tab pending orders are shown in the Pending tab.
- Tap the pending order you wish to change.
- Set the new pending price, take profit and/or stop loss settings.
- Tap Confirm to modify the pending order’s settings.
- The pending order has now been changed.
We recommend reading more about the pending order types to better understand how they work with your orders.
Deleting pending orders
To delete a pending order with Exness Trade:
- Open Exness Trade.
- In the Accounts tab pending orders are shown in the Pending tab.
- Tap the pending order you wish to change.
- Tap Delete order, then Confirm.
- The pending order has now been deleted.
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