Mobile & tablet Place market order
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Here we'll look over the steps on how to place a market order on the new order screen of the MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. Unlike a limit order, you use the current market rate when placing a market order. The order gets executed as soon as it reaches the market, so there may be slippage, which is the difference between the requested price and the execution price, due to the volatility of the symbol. There are two types of market orders: buy and sell, either of which can open a position.
Related article: Open the new order screen
iPhone
*Scroll horizontally to see more*Swipe horizontally to see more
Step 1
Make sure that the symbol you wish to order is on the new order screen.
Step 2
Select "Market Execution".
Step 3
Set the volume in lots.
Step 4
Set the stop-loss (S/L) and take-profit (T/P) values as necessary.
Step 5
Tap the order button.
Step 6
Your order has been placed if you see the success message.
Step 7
Once the order is executed, the screen switches to the "Trade" tab with the new order details.
Android
*Scroll horizontally to see more*Swipe horizontally to see more
Step 1
Make sure that the symbol you wish to order is on the new order screen.
Step 2
Select "Market Execution".
Step 3
Set the volume in lots.
Step 4
Set the stop-loss (S/L) and take-profit (T/P) values as necessary.
Step 5
Tap the order button.
Step 6
Your order has been placed if you see the success message.
Step 7
Once the order is executed, the screen switches to the "Trade" tab with the new order details.
iPad
*Scroll horizontally to see more*Swipe horizontally to see more
Step 1
Make sure that the symbol you wish to order is on the new order screen.
Step 2
Select "Market Execution".
Step 3
Set the volume in lots.
Step 4
Set the stop-loss (S/L) and take-profit (T/P) values as necessary.
Step 5
Tap the order button.
Step 6
Your order has been placed if you see the success message.
Step 7
Once the order is executed, the order details will be added to the toolbox.
Android tablet
*Scroll horizontally to see more*Swipe horizontally to see more
Step 1
Make sure that the symbol you wish to order is on the new order screen.
Step 2
Select "Market Execution".
Step 3
Set the volume in lots.
Step 4
Set the stop-loss (S/L) and take-profit (T/P) values as necessary.
Step 5
Tap the order button.
Step 6
Your order has been placed if you see the success message.
Step 7
Once the order is executed, the order details will be added to the toolbox.
iPhone
*Scroll horizontally to see more*Swipe horizontally to see more
Step 1
Make sure that the symbol you wish to order is on the new order screen.
Step 2
Select "Market Execution".
Step 3
Set the volume in lots.
Step 4
Set the stop-loss (S/L) and take-profit (T/P) values as necessary.
Step 5
Tap the order button.
Step 6
Your order has been placed if you see the success message.
Step 7
Once the order is executed, the screen switches to the "Trade" tab with the new order details.
Android
*Scroll horizontally to see more*Swipe horizontally to see more
Step 1
Make sure that the symbol you wish to order is on the new order screen.
Step 2
Select "Market Execution".
Step 3
Set the volume in lots.
Step 4
Set the stop-loss (S/L) and take-profit (T/P) values as necessary.
Step 5
Tap the order button.
Step 6
Your order has been placed if you see the success message.
Step 7
Once the order is executed, the screen switches to the "Trade" tab with the new order details.
iPad
*Scroll horizontally to see more*Swipe horizontally to see more
Step 1
Make sure that the symbol you wish to order is on the new order screen.
Step 2
Select "Market Execution".
Step 3
Set the volume in lots.
Step 4
Set the stop-loss (S/L) and take-profit (T/P) values as necessary.
Step 5
Tap the order button.
Step 6
Your order has been placed if you see the success message.
Step 7
Tap "Trade" in the lower menu.
Step 8
Once the order is executed, the order details will be added to the toolbox.
Android tablet
*Scroll horizontally to see more*Swipe horizontally to see more
Step 1
Make sure that the symbol you wish to order is on the new order screen.
Step 2
Select "Market Execution".
Step 3
Set the volume in lots.
Step 4
Set the stop-loss (S/L) and take-profit (T/P) values as necessary.
Step 5
Tap the order button.
Step 6
Your order has been placed if you see the success message.
Step 7
Once the order is executed, the order details will be added to the toolbox.
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