How do you place a trade in MT5?

Updated on October 17, 2023

If you are new to trading and are looking to learn how to place trades on the MetaTrader 5 platform (MT5), then this guide is for you. In this step-by-step guide, we will walk you through the entire process of placing a trade on MT5, so, let’s get started!

 

Log into the platform using your trading account number and password.

 

 

Select an instrument to trade from the Market Watch window by right clicking and selecting Chart Window from the menu.

 

 

Click New Order to open the order window.

 

 

Set your lot size (volume), and the stop loss and take profit. Then click Sell by Market or Buy by Market.

 

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