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How Do You Set CFDs Orders on MT4 Platform?

How to Set CFDs Orders on MetaTrader 4 Platform

To set a new cfd order on the MT4 platform use procedure explained below:

Place New Order on Tools Menu in MT4 Software

A new cfd order to buy or sell a trade can be found on the tools menu that's found in the MT4 Platform as illustrated below. New order button key for placing a new trade transaction is shown below. (Short-Cut Key board Keys 'F9')

How to Set CFDs Orders Order in MT4 Software - How Do You Set CFDs Orders in MetaTrader 4 CFD Chart?

How to Set CFD Orders Order on MT4 Platform

Placing a New CFDs Trading Order

Once you select the new order button as illustrated above the following cfds trading order pop up window will pop-up.

This pop up includes settings for placing a new cfds trading order.

How to Set CFD Orders on MT4 Software - How Do You Set CFD Orders on MT4 CFD Chart?

How to Set CFDs Orders on MetaTrader 4 Platform

Following Order Setting are specified for setting a new cfds trading order:

  1. Quote - Specify the instrument to be traded - cfd.
  2. Volume - The Number of Lots to be transacted
  3. Stop Loss CFDs Order - Set Stop Loss CFD Order, This option can be set after opening the trade, or for pending cfd orders
  4. Take Profit CFDs Order - Set Take Profit CFD Order, This option can be set after opening the trade, or for pending cfd orders
  5. Type: Market Execution or Pending CFD Order
  6. Sell by Market - Open a Sell Trade
  7. Buy by Market - Open a Buy Trade

To Buy at current cfds price & open a new cfd order select Buy by Market cfd order button

To Sell at current cfds price & open a new cfd order select Sell by Market cfd order button

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