How to Short SpaceX on MT5?

The SpaceX IPO is expected this Friday, with the rocket/AI/internet company set to list under the ticker SPCX. Given the size of the listing and its expected valuation, the IPO could attract a huge amount of attention from both bullish and bearish traders.  

In addition to buying and selling direct shares on our BlackBull Invest platform, clients will also be able to long or short SpaceX derivatives on MetaTrader 5, cTrader, and TradingView, with leverage up to 1:10.

SPCX on MT5

Step 1.

To find SPCX on MetaTrader 5, open the Market Watch window and search for SPCX.OQ. Select the instrument and press Enter. This will add it to the Market Watch window, where it can then be dragged onto the chart. 

SPCX 2  on MT5

Step 2.

To enter a short position, click New Order, select your trade volume, and review the leverage and margin requirements for your account. You can also set a stop loss and take profit level if suitable for your strategy. 

To execute the trade immediately, choose Sell by Market. 

Trading involves risk and may not be suitable for all investors. The information provided in this article is for educational purposes only and does not constitute financial advice. Always conduct thorough research and seek professional advice before making any investment decisions.

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