How Do You Set CFDs Orders on MetaTrader 4?
MT4 CFDs Platform Basics Discussed
How to Set New Order on Tools Menu in MT4
To set new order to buy or sell a trade can be found on the MT4 tools menu found in the MetaTrader 4 Platform. The Button for placing a new trade order is illustrated below. (Short-Cut Key-board Keys 'F9')
How to Set New Order on Tools Menu in MT4
How to Place Orders MT4 CFD Platform
As a cfd trader, once you select the new order button as displayed above the following popup panel will appear. This pop up panel includes the settings for placing a new trade.
Placing a New Order - How to Place Orders MT4 CFD Platform
The Following Order Setting are specified for setting up a new order:
- Quote - Specify the instrument to be traded - cfd.
- Volume - The Number of Lots to be transacted
- Stop Loss CFDs Order - Set Stop Loss CFD Order, This option can be set after opening trade, or for pending cfd orders
- Take Profit CFDs Order - Set Take Profit CFD Order, This option can be set after opening trade, or for pending cfd orders
- Type: Market Execution CFDs Order or Pending CFD Order
- Sell by Market - Open a Sell Trade
- Buy by Market - Open a Buy Trade
To Buy at current cfd price hit the Buy by Market button
To Sell at current cfd price hit the Sell by Market button key
