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How do I close a position on MT4/MT5?

Updated

To close an open position on MetaTrader 4 (MT4) or MetaTrader 5 (MT5), follow the steps below.

Method 1: Close a position from the Terminal / Toolbox window

  1. Open the Terminal (MT4) or Toolbox (MT5) at the bottom of the platform.

    • You can open it via View → Terminal / Toolbox or by pressing Ctrl + T.

  2. Under the Trade tab, locate the open position you wish to close.

  3. Right-click on the position and select Close Order (MT4) or Close Position (MT5).
    Alternatively, double-click on the position to open the order window.

  4. Click Close to confirm.

Method 2: Close a position using the “X” button

  • In the Trade tab, click the “X” icon on the far right of the position to close it instantly.

One-Click Trading

  • If One-Click Trading is enabled, the position will close immediately without a confirmation window.

Automatic position closure

  • If a Stop Loss or Take Profit has been set, the position will close automatically once the market price reaches the specified level.

Important Notes

  • Ensure you are logged in to the correct trading server.

  • Closed positions can be viewed under the Account History tab.

  • During high market volatility, execution may be affected.

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