How to Open and Modify Orders in MetaTrader

This guide will walk you through how to open an order, provide links to related features like pending orders and One-Click Trading, and explain how to modify an open order. To pen a Market Order and enter forex trading, follow these steps:

1. Log in to your trading platform.
2. Choose the instrument you want to trade (e.g., EUR/USD, Gold).
3. Right click in the "Trade tab" > New Order or click F9 on the keyboard.
4. Set your parameters:
   • Order Type: Market Order (executes immediately) or Pending Order.
   • Volume: Choose your lot size.
   • Stop Loss & Take Profit: Optional but recommended for risk management.
5. Click “Buy” or “Sell.”

Want to learn about Pending Orders? Read the guide Creating a Pending Order in Meta Trader
Interested in One-Click Trading? Enable One-Click Trading

Modify an Open Order

Once your order is active, you can adjust it:

1. Go to your “Open Positions” or “Trade” tab.
2. Select the order you want to modify.
3. Click “Modify” or “Edit.”
4. Adjust Stop Loss, Take Profit, or price levels.
5. Confirm changes.