YOUR NEXT CHAPTER IN TRADINGExplore the Neolin funded trader program
NEOLIN LEARNING LIBRARY

MT5 foundations

Learn the workspace before placing an order.

Set up your workspace

Confirm the approved trading server and whether the account is demo or live. Locate Market Watch, charts, the order ticket and the terminal history. Check the instrument specification rather than assuming that two symbols have the same contract size.

Understand the order

Market orders seek an available price; pending orders depend on their trigger and execution rules. Review volume, direction, stop levels and expiry before submitting. A stop price does not guarantee the final execution price.

Practise and review

Use a suitable demo account to practise modifying and closing positions. Review the order history, commissions and financing entries. Confirm that an Expert Advisor has the intended permissions before enabling automated trading.