{"id":2394,"date":"2026-03-03T14:08:34","date_gmt":"2026-03-03T14:08:34","guid":{"rendered":"https:\/\/oneroyal.academy\/?p=2394"},"modified":"2026-03-03T14:08:34","modified_gmt":"2026-03-03T14:08:34","slug":"trading-platforms-how-to-guide-mt5","status":"publish","type":"post","link":"https:\/\/www.oneroyal.academy\/en\/getting-started\/trading-platforms-how-to-guide-mt5\/","title":{"rendered":"Trading Platforms (How to Guide) &#8211; MT5"},"content":{"rendered":"<h2><b>Trading Platforms We Offer<\/b><\/h2>\n<p>OneRoyal provides access to three powerful and reliable trading platforms trusted by traders worldwide:<\/p>\n<ul>\n<li><b>MetaTrader<\/b><b> 4 (MT4) <\/b>\u2013 The industry-standard platform known for its simplicity and stability.<\/li>\n<li><b>MetaTrader<\/b><b> 5 (MT5<\/b>) \u2013 The next-generation platform with enhanced tools, faster execution, and advanced charting.<\/li>\n<li><b>orTrader<\/b> \u2013 Our modern, intuitive trading platform designed for a seamless trading experience across devices. These platforms allow traders to trade Forex, Commodities, Indices, Cryptocurrencies, and more with fast execution and top-tier security.<\/li>\n<\/ul>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-2363 size-full\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture2.png\" alt=\"\" width=\"256\" height=\"268\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture2.png 256w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture2-11x12.png 11w\" sizes=\"(max-width: 256px) 100vw, 256px\" \/> <img decoding=\"async\" class=\"alignnone wp-image-2364 size-full\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture1.png\" alt=\"\" width=\"407\" height=\"407\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture1.png 407w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture1-300x300.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture1-150x150.png 150w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture1-12x12.png 12w\" sizes=\"(max-width: 407px) 100vw, 407px\" \/><img decoding=\"async\" class=\"alignnone wp-image-2362 size-full\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture3.png\" alt=\"\" width=\"293\" height=\"218\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture3.png 293w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture3-16x12.png 16w\" sizes=\"(max-width: 293px) 100vw, 293px\" \/><\/p>\n<h2><b>MetaTrader<\/b><b> 5 (MT5)<\/b><\/h2>\n<p>MT5 is a next-generation trading platform designed for Forex, CFDs, and commodities.<\/p>\n<p>It features faster execution, improved charting tools, additional timeframes, more order types, and advanced analytical capabilities.<\/p>\n<p>MT5 is ideal for traders who want enhanced market depth, flexible tools, and a seamless trading experience.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2395\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture28.png\" alt=\"\" width=\"1230\" height=\"537\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture28.png 1230w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture28-300x131.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture28-1024x447.png 1024w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture28-768x335.png 768w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture28-18x8.png 18w\" sizes=\"(max-width: 1230px) 100vw, 1230px\" \/><\/p>\n<h2><b>How to Download MT5<\/b><\/h2>\n<p><b>Desktop:<\/b><\/p>\n<ol>\n<li>Visit the OneRoyal website.<\/li>\n<li>Navigate to Platforms \u2192 MT5.<\/li>\n<li>Scroll down and download the version suitable for your device (Windows or Mac).<\/li>\n<li>Install and launch MT5.<\/li>\n<\/ol>\n<p><b>Mobile:<\/b><\/p>\n<ol>\n<li>Open the <b>App Store<\/b> or <b>Google Play<\/b>.<\/li>\n<li>Search <b>MetaTrader<\/b><b> 5<\/b>.<\/li>\n<li>Download and install the app.<\/li>\n<\/ol>\n<h2><b>How to Log In to MT5<\/b><\/h2>\n<p>To log in:<\/p>\n<ol>\n<li>Open MT5.<\/li>\n<li>Go to <b>File \u2192 Login to Trade Account<\/b>.<\/li>\n<li>Enter your:<br \/>\n\u2022 <b>Login number<\/b><br \/>\n\u2022 <b>Trading password<\/b><br \/>\n\u2022 <b>Server name<\/b> (as provided in your email)<\/li>\n<li>Click <b>Login<\/b> to connect.<\/li>\n<\/ol>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2398\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture30-1.png\" alt=\"\" width=\"452\" height=\"275\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture30-1.png 452w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture30-1-300x183.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture30-1-18x12.png 18w\" sizes=\"(max-width: 452px) 100vw, 452px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2399\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture32.png\" alt=\"\" width=\"256\" height=\"352\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture32.png 256w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture32-218x300.png 218w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture32-9x12.png 9w\" sizes=\"(max-width: 256px) 100vw, 256px\" \/><\/p>\n<h2><b>Introduction to the Basic Sections of MT5<\/b><\/h2>\n<p>MetaTrader 5 (MT5) is a modern trading platform designed to be easy for beginners while offering advanced tools for experienced traders.<\/p>\n<p>To use MT5 effectively, it\u2019s important to understand its four main sections:<\/p>\n<ol>\n<li><b> Market Watch<\/b><\/li>\n<\/ol>\n<p>Displays real-time Bid\/Ask prices for all available instruments.<br \/>\nFrom here, you can open charts, place orders, and view symbol details.<\/p>\n<ol start=\"2\">\n<li><b> Charts<\/b><\/li>\n<\/ol>\n<p>Shows the price movement of the selected instrument.<br \/>\nYou can analyse the market using different timeframes, indicators, and drawing tools.<\/p>\n<ol start=\"3\">\n<li><b> Navigator<\/b><\/li>\n<\/ol>\n<p>Provides access to your trading accounts, indicators, Expert Advisors, and scripts.<br \/>\nIndicators and EAs can be dragged directly onto charts.<\/p>\n<ol start=\"4\">\n<li><b> Toolbox<\/b><\/li>\n<\/ol>\n<p>Your main control centre for monitoring trades and account activity.<br \/>\nIt shows open positions, trade history, balance, equity, margin, and notifications.<\/p>\n<p>Together, these sections help you analyse the market, place trades, and manage your trading activity from one platform.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2400\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture35.png\" alt=\"\" width=\"460\" height=\"702\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture35.png 460w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture35-197x300.png 197w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture35-8x12.png 8w\" sizes=\"(max-width: 460px) 100vw, 460px\" \/><\/p>\n<h2><b>MT5 \u2013 Market Watch<\/b><\/h2>\n<p>The <b>Market Watch<\/b> window displays real-time price quotes for all available instruments, including Forex, indices, commodities, stocks, and cryptocurrencies. It allows traders to quickly view Bid\/Ask prices and monitor the instruments they wish to trade.<\/p>\n<p><b>What You Can Do in Market Watch<\/b><\/p>\n<ul>\n<li><b> View live price quotes<\/b><br \/>\nEach symbol shows the current <b>Bid<\/b> (sell price) and <b>Ask<\/b> (buy price), along with daily price changes.<\/li>\n<li><b> Open charts or place orders<\/b><br \/>\nRight-click on any instrument to open its chart, place a new order, or access trading options.<\/li>\n<li><b> Add or remove instruments<\/b><br \/>\nRight-click inside Market Watch and select <b>Symbols<\/b> to show or hide available instruments.<\/li>\n<li><b> Check instrument details<\/b><br \/>\nSelect <b>Specification<\/b> to view key information such as contract size, margin requirements, swap rates, and trading hours.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2401\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture36.png\" alt=\"\" width=\"636\" height=\"471\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture36.png 636w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture36-300x222.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture36-16x12.png 16w\" sizes=\"(max-width: 636px) 100vw, 636px\" \/><\/p>\n<h2><b>MT5 \u2013 Market Watch<\/b><\/h2>\n<p>If you cannot see a symbol in your <b>Market Watch<\/b>, follow these steps to add it:<\/p>\n<ol>\n<li>Go to <b>Market Watch<\/b>.<\/li>\n<li>Right-click anywhere inside the window and select <b>Symbols<\/b>.<\/li>\n<li>Browse the available categories (Forex, Metals, Indices, Crypto, Shares, etc.).<\/li>\n<li>Select the instrument you want and click <b>Show<\/b>.<\/li>\n<li>Click <b>OK<\/b>. The instrument will now appear in your <b>Market Watch<\/b> list.<\/li>\n<\/ol>\n<p><b>Tip:<\/b> You can expand each category to view all available instruments and check their specifications, such as contract size, margin, and trading hours.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2402\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture37.png\" alt=\"\" width=\"289\" height=\"555\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture37.png 289w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture37-156x300.png 156w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture37-6x12.png 6w\" sizes=\"(max-width: 289px) 100vw, 289px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2403\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture38.png\" alt=\"\" width=\"559\" height=\"389\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture38.png 559w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture38-300x209.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture38-18x12.png 18w\" sizes=\"(max-width: 559px) 100vw, 559px\" \/><\/p>\n<h2><b>Charts<\/b><\/h2>\n<p>Charts are the main tool traders use to analyse the market. They display real-time price movements and allow you to apply indicators, drawing tools, and plan your trades.<\/p>\n<p><b>How to Open Charts on MT5<\/b><\/p>\n<ol>\n<li>Go to <b>Market Watch<\/b>.<\/li>\n<li>Click on the instrument you want to view.<\/li>\n<li><b> Double-click<\/b> the instrument or <b>drag it<\/b> into the chart area.<\/li>\n<\/ol>\n<p>The chart for that instrument will open automatically.<br \/>\nYou can open multiple charts at the same time and arrange them to suit your trading style.<\/p>\n<p><b>What You Can Do Once a Chart Is Open<\/b><\/p>\n<ul>\n<li><b> Change timeframes<\/b><br \/>\nUse the top toolbar (M1, M5, M15, H1, H4, D1, etc.) to view different market perspectives.<\/li>\n<li><b> Switch chart types<\/b><br \/>\nChoose between candlestick, bar, or line charts.<\/li>\n<li><b> Add indicators<\/b><br \/>\nApply tools such as Moving Averages, RSI, MACD, and more to analyse trends and price action.<\/li>\n<li><b> Add drawing tools<\/b><br \/>\nUse trendlines, support and resistance levels, Fibonacci tools, and other drawing objects for analysis.<\/li>\n<\/ul>\n<p><b>Beginner Tips:<\/b><\/p>\n<ul>\n<li>Charts update in real time when your connection is active.<\/li>\n<li>You can save your preferred chart setup as a <b>template<\/b> and apply it to other charts.<\/li>\n<li>Right-click on the chart and select <b>Properties<\/b> to customise colours and appearance.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2404\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture39.png\" alt=\"\" width=\"643\" height=\"577\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture39.png 643w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture39-300x269.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture39-13x12.png 13w\" sizes=\"(max-width: 643px) 100vw, 643px\" \/><\/p>\n<h2><b>MT5 &#8211; Navigator<\/b><\/h2>\n<p>The <b>Navigator<\/b> window provides quick access to your trading accounts, indicators, Expert Advisors, and other tools.<\/p>\n<p><b>What You Can Find in the Navigator<\/b><\/p>\n<ul>\n<li><b>Accounts<\/b> \u2013 Switch between Demo and Real accounts<\/li>\n<li><b>Indicators<\/b> \u2013 Built-in indicators (Trend, Oscillators, Volumes, Bill Williams, Custom)<\/li>\n<li><b>Expert Advisors<\/b> \u2013 Automated trading tools<\/li>\n<li><b>Scripts &amp; Services<\/b> \u2013 Additional platform tools<\/li>\n<\/ul>\n<p><b>How to Add Indicators<\/b><\/p>\n<p>You can add indicators in two ways:<\/p>\n<p><b>From the Navigator:<\/b><\/p>\n<ul>\n<li>Open <b>Navigator<\/b><\/li>\n<li>Expand <b>Indicators<\/b><\/li>\n<li>Drag and drop an indicator onto the chart<\/li>\n<\/ul>\n<p><b>From the top menu:<\/b><\/p>\n<ul>\n<li>Go to <b>Insert \u2192 Indicators<\/b><\/li>\n<li>Choose a category and select an indicator<\/li>\n<\/ul>\n<p><b>Tip:<\/b> Press <b>Ctrl + N<\/b> or go to <b>View \u2192 Navigator<\/b> if the window is not visible.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2405\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture40.png\" alt=\"\" width=\"537\" height=\"685\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture40.png 537w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture40-235x300.png 235w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture40-9x12.png 9w\" sizes=\"(max-width: 537px) 100vw, 537px\" \/><\/p>\n<h2><b>MT5 -Toolbox<\/b><\/h2>\n<p>The <b>Toolbox<\/b> window allows traders to monitor account activity, open trades, history, and important notifications. It can be opened by pressing <b>Ctrl + T<\/b> or by going to <b>View \u2192 Toolbox<\/b>.<\/p>\n<p><b>Trade Tab<\/b><\/p>\n<p>Shows all your <b>open positions<\/b> in real time.<\/p>\n<p>Here you can:<\/p>\n<ul>\n<li>View profit\/loss (P\/L), balance, equity, margin, and free margin<\/li>\n<li>Check trade details such as volume, open price, and swap<\/li>\n<li>Modify or close trades directly<\/li>\n<\/ul>\n<p><b>History Tab<\/b><\/p>\n<p>Displays your <b>past trading activity<\/b>, including:<\/p>\n<ul>\n<li>Closed positions<\/li>\n<li>Deposits and withdrawals<\/li>\n<li>Balance adjustments<\/li>\n<\/ul>\n<p>This tab is useful for reviewing previous trades and analysing performance.<\/p>\n<p><b>Journal Tab (Beginner Tip)<\/b><\/p>\n<p>Records all platform actions and system messages.<br \/>\nIf something goes wrong (for example, an order is not placed), the <b>Journal<\/b> can help identify the reason.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2406\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture41.png\" alt=\"\" width=\"989\" height=\"215\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture41.png 989w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture41-300x65.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture41-768x167.png 768w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture41-18x4.png 18w\" sizes=\"(max-width: 989px) 100vw, 989px\" \/><\/p>\n<h2><b>How to Place a Trade<\/b><\/h2>\n<p><b>Market Orders<\/b><\/p>\n<ol>\n<li>Open <b>New Order<\/b><\/li>\n<li>Select the <b>V<\/b><b>olume<\/b><\/li>\n<li>Optionally place a Stop Loss and Take Profit<\/li>\n<li>Click <b>Buy<\/b> or <b>Sell<\/b> at market price<\/li>\n<li>You will find your open position in the terminal<\/li>\n<\/ol>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2408\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture42.png\" alt=\"\" width=\"273\" height=\"337\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture42.png 273w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture42-243x300.png 243w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture42-10x12.png 10w\" sizes=\"(max-width: 273px) 100vw, 273px\" \/><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2407\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture43.png\" alt=\"\" width=\"598\" height=\"333\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture43.png 598w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture43-300x167.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture43-18x10.png 18w\" sizes=\"(max-width: 598px) 100vw, 598px\" \/><\/p>\n<p><b>Pending Orders:<\/b><\/p>\n<ol>\n<li>Choose <b>Pending Order <\/b>Type<\/li>\n<li>Select the type of Pending Order you wish to open<\/li>\n<li>Select the price at which you want the trade to be triggered<\/li>\n<li>Click on <b>Place<\/b>.<\/li>\n<\/ol>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2409\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture44.png\" alt=\"\" width=\"653\" height=\"313\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture44.png 653w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture44-300x144.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture44-18x9.png 18w\" sizes=\"(max-width: 653px) 100vw, 653px\" \/><\/p>\n<h2><b>How to Set Take Profit (TP) &amp; Stop Loss (SL) on an Existing Trade<\/b><\/h2>\n<p>Setting TP and SL helps you manage risk and automatically close your trade at your preferred price levels.<br \/>\nFollow these steps to add or update TP\/SL on a trade already open:<\/p>\n<p><b>On an existing trade:<\/b><\/p>\n<ol>\n<li>Go to <b>Terminal \u2192 Trade<\/b> to see your open positions.<\/li>\n<li>Right-click on the trade you want to edit and select <b>Modify or Delete Order<\/b>.<\/li>\n<li>Enter your desired <b>Take Profit (TP)<\/b> and <b>Stop Loss (SL)<\/b> levels in the fields provided.<\/li>\n<li>Click <b>Modify<\/b> to save your changes.<\/li>\n<\/ol>\n<p>Once applied, your TP and SL levels will appear on the chart as horizontal lines, allowing you to easily visualise your risk and target levels.<\/p>\n<p><b>Tip:<\/b><\/p>\n<p>Take Profit must be set away from the current market price by the minimum required distance (depends on instrument and broker).\u00a0<img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2411\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture45.png\" alt=\"\" width=\"702\" height=\"335\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture45.png 702w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture45-300x143.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture45-18x9.png 18w\" sizes=\"(max-width: 702px) 100vw, 702px\" \/><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2410\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture46.png\" alt=\"\" width=\"702\" height=\"329\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture46.png 702w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture46-300x141.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture46-18x8.png 18w\" sizes=\"(max-width: 702px) 100vw, 702px\" \/><\/p>\n<h2><b>How to Close a Trade on MT5<\/b><\/h2>\n<p><b>Method 1: Close from the Trade Tab<\/b><\/p>\n<ol>\n<li>Open the <b>Terminal<\/b> window (Ctrl + T)<\/li>\n<li>Go to the <b>Trade<\/b> tab<\/li>\n<li>Right-click on the open position<\/li>\n<li>Select <b>Close Order<\/b><\/li>\n<\/ol>\n<p><b>Method 2: One-Click Close<\/b><\/p>\n<ol>\n<li>Open the <b>Trade<\/b> tab in the Terminal<\/li>\n<li>Click the <b>X<\/b> icon next to the open position<\/li>\n<li>The trade closes immediately at market price.<\/li>\n<\/ol>\n<p><i>The position will disappear once it is successfully closed.<\/i><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2413\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture47.png\" alt=\"\" width=\"787\" height=\"363\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture47.png 787w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture47-300x138.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture47-768x354.png 768w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture47-18x8.png 18w\" sizes=\"(max-width: 787px) 100vw, 787px\" \/><\/p>\n<h2><b>Instrument Specifications<\/b><\/h2>\n<p>The <b>Specifications window in MT5<\/b> displays key trading details for each instrument.<br \/>\nUnlike MT4, margin requirements are shown as <b>values<\/b>, not percentages.<\/p>\n<p><b>Contract Size<\/b><\/p>\n<p>The volume of <b>one standard lot<\/b>.<br \/>\nFor Forex pairs, this is typically <b>100,000 units<\/b> (e.g. 100,000 EUR for EURUSD).<\/p>\n<p>Used to calculate pip value and trade size.<\/p>\n<p><strong>Initial Margin<\/strong><\/p>\n<p>The exact amount required to open 1 lot of the instrument.<\/p>\n<p>In MT5, the margin percentage is not displayed separately. Instead, it is embedded in the Initial Margin value.<\/p>\n<p><b>Example:<\/b><\/p>\n<p>Contract size: 100,000<\/p>\n<p>Initial margin: 100,000<br \/>\n\u2192 This reflects 100% margin (1:1 leverage)<\/p>\n<p><b>Swap Rates<\/b><\/p>\n<p>Overnight financing costs for holding positions:<\/p>\n<ul>\n<li><b>Swap Long<\/b> \u2013 applies to Buy positions<\/li>\n<li><b>Swap Short<\/b> \u2013 applies to Sell positions<\/li>\n<\/ul>\n<p>MT5 also displays:<\/p>\n<ul>\n<li><b>Swap calculation type<\/b> (e.g. in points)<\/li>\n<li><b>Triple swap day<\/b> (usually Wednesday)<\/li>\n<\/ul>\n<p><b>Trading Hours<\/b><\/p>\n<p>Shows when the instrument can be quoted and traded each day of the week.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2416\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture48.png\" alt=\"\" width=\"254\" height=\"358\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture48.png 254w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture48-213x300.png 213w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture48-9x12.png 9w\" sizes=\"(max-width: 254px) 100vw, 254px\" \/><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2415\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture49.png\" alt=\"\" width=\"434\" height=\"305\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture49.png 434w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture49-300x211.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture49-18x12.png 18w\" sizes=\"(max-width: 434px) 100vw, 434px\" \/>\u00a0<img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2414\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture50.png\" alt=\"\" width=\"435\" height=\"362\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture50.png 435w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture50-300x250.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture50-14x12.png 14w\" sizes=\"(max-width: 435px) 100vw, 435px\" \/><\/p>\n<h2><strong>Common MT5 Errors and What They Mean<\/strong><\/h2>\n<p><b>\u201cInvalid account\u201d<\/b><br \/>\nUsually caused by incorrect login details or selecting the wrong server.<br \/>\n<b>Fix:<\/b> Re-enter your login and password and ensure you select the correct server (Demo or Live).<\/p>\n<p><b>\u201cNo prices\u201d \/ \u201cNo connection\u201d<\/b><br \/>\nMT5 is not receiving price data from the server.<br \/>\n<b>Fix:<\/b> Check your internet connection or reconnect to the trading server.<\/p>\n<p><b>\u201cMarket closed\u201d<\/b><br \/>\nYou are attempting to trade outside the instrument\u2019s trading hours.<br \/>\n<b>Fix:<\/b> Check the instrument\u2019s trading schedule under <b>Specifications<\/b>.<\/p>\n<p><b>\u201cNot enough money\u201d<\/b><br \/>\nYour free margin is insufficient to open the position.<br \/>\n<b>Fix:<\/b> Reduce the lot size or add funds to increase available margin.<\/p>\n<p><b>\u201cTrade disabled\u201d<\/b><br \/>\nTrading is currently not allowed for this instrument or account.<br \/>\n<b>Fix:<\/b> Verify the instrument is enabled for trading or contact Support.<\/p>\n<p><b>\u201cInvalid volume\u201d<\/b><br \/>\nThe selected lot size does not meet the instrument\u2019s volume requirements.<br \/>\n<b>Fix:<\/b> Check the minimum and maximum volume limits in the instrument specifications.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trading Platforms We Offer OneRoyal provides access to three powerful and reliable trading platforms trusted by traders worldwide: MetaTrader 4 (MT4) \u2013 The industry-standard platform known for its simplicity and stability. MetaTrader 5 (MT5) \u2013 The next-generation platform with enhanced tools, faster execution, and advanced charting. orTrader \u2013 Our modern, intuitive trading platform designed for [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[20],"tags":[],"class_list":["post-2394","post","type-post","status-publish","format-standard","hentry","category-getting-started"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.oneroyal.academy\/en\/wp-json\/wp\/v2\/posts\/2394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oneroyal.academy\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oneroyal.academy\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oneroyal.academy\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oneroyal.academy\/en\/wp-json\/wp\/v2\/comments?post=2394"}],"version-history":[{"count":3,"href":"https:\/\/www.oneroyal.academy\/en\/wp-json\/wp\/v2\/posts\/2394\/revisions"}],"predecessor-version":[{"id":2418,"href":"https:\/\/www.oneroyal.academy\/en\/wp-json\/wp\/v2\/posts\/2394\/revisions\/2418"}],"wp:attachment":[{"href":"https:\/\/www.oneroyal.academy\/en\/wp-json\/wp\/v2\/media?parent=2394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oneroyal.academy\/en\/wp-json\/wp\/v2\/categories?post=2394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oneroyal.academy\/en\/wp-json\/wp\/v2\/tags?post=2394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}