Courses > Platforms > MetaTrader 5 (MT5)
How Do You Trade on MetaTrader 5 (MT5)?
Once logged in, you’ll see a list of trading instruments on the Market Watch panel. MetaTrader 5 (MT5) supports a range of assets like forex pairs, cryptocurrency, commodities, stocks and indices. You can open a chart for any instrument by right-clicking it and selecting “Chart Window”.
To place a trade, click on “New Order” from the top toolbar. A window will pop up where you can select your trade details, such as the asset, trade size (or lot size), and type of order—Market Order or Pending Order. For a Market Order, you enter the trade immediately, while a Pending Order lets you set a specific price for the trade to execute later.
To close a trade manually, go to the “Terminal” window, right-click on the open trade, and select “Close Order”.