How to place trades?

Placing trades on the web-based, desktop and mobile trading platform of Markets.Online is very straightforward and quick. Markets.Online provides its traders with one of the most stable and robust online trading platforms on the market, that is, the MetaTrader4. The trading platform is optimised to function properly and rapidly on all types of devices, regardless of the screen size and operating system.

Placing trades on web-based Markets.Online platform

Log into your Markets.Online account

Log into your MT4 account (Step-by-step tutorial here)

Choose the asset you want to trade in the ‘Markets Watch’ tab and either double click or right-click on it to open the ‘Order’ pop-up window

Click on the drop-down menu next to the ‘Symbol’ field to change the asset you want to trade once you have open this window

Enter the different values:

  1. Volume
    The volume of the asset you want to trade
  2. Stop Loss and Take Profit
    Set the risk and money management options
  3. Comment
    You can add a comment to the trade order (a remark or reminder)
  4. Type
    Choose ‘Market Execution’ to place the trade immediately or ‘Pending Order’ to enter the trade when certain parameters are met
  5. Finally, choose whether you want to sell or buy the asset

You will have 4 different pending order options on the MT4 platform, namely the Buy Limit, Sell Limit, Buy Stop and Sell Stop.

Buy Limit and Sell Limit will execute the order once the price reaches a level that’s lower than the current price. Buy Stop and Sell Stop will execute the order once the price reaches a level that’s higher than the current price.

You will also have the option to enter an Expiry date: if the targeted price has not been reached by that time, the order will be cancelled.

Placing trades on desktop Markets.Online platform

Open the desktop MT4 trading platform by clicking on the ‘Chandon Group LTD’ file

Once the software is opened, you have five options to open the ‘Order’ pop-up window to place a trade

  1. Click on the ‘New Order’ button in the top menu
  2. Double click on the asset you want to trade in the ‘Market Watch’ tab
  3. Right-click on the asset you want to trade in the ‘Market Watch’ tab and choose ‘New Order’
  4. Click on the function key ‘F9’ on your keyboard
  5. Click on the ‘Sell’ or ‘Buy’ button on the charts of the assets you want to trade

Once you have opened the ‘Order’ tab, you have to fill in the different fields

  1. Symbol
    You can change the asset you want to trade here
  2. Volume
    Enter the amount of the asset you want to trade
  3. Stop Loss and Take Profit
    Set up the risk and money management options – can also be left blank
  4. Comment
    You can add a comment to the trade order (a remark or reminder)
  5. Type
    Choose ‘Market Execution’ to place the trade immediately or ‘Pending Order’ to enter the trade when certain parameters are met
  6. Finally, choose whether you want to sell or buy the asset

When choosing ‘Pending Order’, you will have the option between 4 types of order types, namely, Buy Limit, Sell Limit, Buy Stop, and Sell Stop.

Buy Limit and Sell Limit are options that will execute the order once the price reaches a level that’s lower than the current price. Buy Stop and Sell Stop will execute the order once the price reaches a level that’s higher than the current price.

You can also set an expiry date to the execution order; if the targeted price is not reached by the expiry date, the order will be cancelled.

Placing trades on mobile Markets.Online platform

Open the MetaTrader 4 Forex Trading app

Long press on the asset you want to trade

Tap on the ‘New Order’ option

Enter the different values, like the volume you want to trade and set up the ‘Stop Loss’ and ‘Take Profit’ option before choosing whether you want to go long or short on the trade.

You can also program a trade to be executed once certain criteria are met. You will get 4 options to choose from, namely, the Buy Limit, Sell Limit, Buy Stop and Sell Stop.

Buy Limit and Sell Limit are options that will execute the order once the price reaches a level that’s lower than the current price. Buy Stop and Sell Stop will execute the order once the price reaches a level that’s higher than the current price.

You can also set an expiry date to the execution order; if the targeted price is not reached by the expiry date, the order will be cancelled.

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