PC Check trading conditions

good

This article was : 

published

updated

You can check the trading conditions for each symbol on MetaTrader4 (MT4) / MetaTrader5 (MT5). The conditions include contract size (transaction volume per lot), decimal points indicating point value, order size (minimum/max/steps), margins, swap points, trading time, and more. See below for more details.

Related article: Check trading conditions on mobile

mt4
mt5

Step 1

In the Market Watch, right-click on the symbol you wish to check.

Market Watch Market Watch

Step 2

Select "Specification" in the context menu.

Context menu on the Market Watch Context menu on the Market Watch

Step 3

The trading conditions will be displayed.

Trading conditions Trading conditions

Number

Item names

Descriptions

1

Spread

The spread type is displayed here. "Floating" indicates a floating spread. If the spread is fixed, the fixed spread will be displayed in points.

2

Digits

The point value, the minimum price change unit, is indicated by the number of decimal places. When it is "5", 1 point is worth 0.00001 in the margin currency.

3

Stops level

The required price difference from the current price when placing limit, stop, stop-limit, and trailing-stop orders is displayed in points.

4

Contract size

Trade volume per 1 lot. When it is "100,000", 1 lot is 100,000 of the margin currency.

5

Margin currency

Base currency for margin calculation. For currency pairs, it is the currency on the left.

6

Profit calculation mode

Method for profit calculation. There are 3 methods on MT4, including forex and CFD. The formula for forex is: volume in lots × contract size × price difference between opening and closing.

7

Margin calculation mode

Method for margin calculation. There are 5 methods on MT4, including forex and CFD. The formula for forex is: volume in lots × contract size ÷ leverage.

8

Margin hedge

Required margin for 1 lot of hedged position in the margin currency.

9

Margin percentage

The percentage of the actually required margin out of the margin calculated by the method of the margin calculation mode.

10

Trade

Available order type. "Full access" allows you to do all operations. If there are any restrictions, only the available operations will be displayed like "Long only", "Short only", "Close only", or "Disabled".

11

Execution

Execution type. "Instant" indicates instant execution, and "Market" indicates market execution.

12

GTC mode

Order expiration type. There are "Pendings are good till cancel", "Good till today including SL/TP", and "Good till today excluding SL/TP".

13

Minimal volume

Minimum trading volume. If it is "0.01", you need to order 0.01 lots or more.

14

Maximal volume

Maximum trading volume. If it is "100", you can order up to 100 lots.

15

Volume step

Minimal volume change step in lots for placing orders.

16

Swap type

Method for swap calculation. There are 4 methods on MT4 including "In points".

17

Swap long

Swap points or money amounts generated when a long position is rolled over.

18

Swap short

Swap points or money amounts generated when a short position is rolled over.

19

3-days swap

Day of the week when swaps for Saturday and Sunday will be added.

20

Sessions

Quoting and trading hours in server time for each day of the week.

Step 1

In the Market Watch, right-click on the symbol you wish to check.

In the Market Watch, right-click on the symbol you wish to check In the Market Watch, right-click on the symbol you wish to check

Step 2

Select "Specification" in the context menu.

Select Specification in the context menu Select Specification in the context menu

Step 3

The trading conditions will be displayed.

The trading conditions will be displayed The trading conditions will be displayed

Number

Item names

Descriptions

1

Sector

Sector name (category) the symbol belongs to.

2

Digits

The point value, the minimum price change unit, is indicated by the number of decimal places. When it is "5", 1 point is worth 0.00001 in the margin currency.

3

Contract size

Trade volume per 1 lot. When it is "100,000", 1 lot is 100,000 of the margin currency.

4

Spread

The spread type is displayed here. "Floating" indicates a floating spread. If the spread is fixed, the fixed spread will be displayed in points.

5

Stops level

The required deviation from the current price when placing limit, stop, stop-limit, and trailing-stop orders is displayed in points.

6

Margin currency

Base currency for margin calculation. For currency pairs, it is the currency on the left.

7

Profit currency

Base currency for profit calculation. For currency pairs, it is the currency on the right.

8

Calculation

Method for margin calculation. There are 15 methods on MT5, including forex and CFD. The formula for forex is: volume in lots × contract size ÷ leverage.

9

Hedged margin

Required margin for 1 lot of hedged position in the margin currency.

10

Chart mode

Price to be used for chart. "By bid price" means it's based on bid prices, and "By last price" means that it's based on close prices.

11

Market buy

Margin rate required for market buy order.

12

Market sell

Margin rate required for market sell order.

13

Buy limit

Margin rate required for buy limit order.

14

Sell limit

Margin rate required for sell limit order.

15

Buy stop

Margin rate required for buy stop order.

16

Sell stop

Margin rate required for sell stop order.

17

Buy stop limit

Margin rate required for buy stop limit order.

18

Sell stop limit

Margin rate required for sell stop limit order.

19

Trade

Available order type. "Full access" allows you to do all operations. If there are any restrictions, only the available operations will be displayed like "Long only", "Short only", "Close only", or "Disabled".

20

Execution

Execution type. "Instant" indicates the instant execution, and "Market" indicates market execution.

21

GTC mode

Order expiration type. There are "Good till canceled", "Good till today including SL/TP", and "Good till today excluding SL/TP".

22

Filling

Fill policy. When placing "Fill or Kill" orders, it won't be canceled until the orders have been filled. When placing "Immediate or Cancel" orders, the remaining order will be canceled if any of the orders are not filled.

23

Expiration

Available expiration types. When it's "All", you can choose any type. Otherwise, available types are displayed such as "Good till Canceled", "Intraday", or "Specified time".

24

Orders

Available order types among the following seven types. If all types are allowed, it will display "All". Otherwise, it will display each type as shown in parentheses.

・Market order (Market)
・Limit order (Limit)
・Stop order (Stop)
・Stop-limit order (Stop Limit)
・Close-by order (Close By)
・Stop-loss order (Stop Loss)
・Take-profit order (Take Profit)

25

Minimal volume

Minimum trading volume. If it is "0.01", you need to order 0.01 lots or more.

26

Maximal volume

Maximum trading volume. If it is "100", you can order up to 100 lots.

27

Volume step

Minimal volume change step for placing orders.

28

Swap type

Method for swap calculation. There are 9 methods on MT5 including "In points".

29

Swap long

Swap points or money amounts generated when a long position is rolled over.

30

Swap short

Swap points or money amounts generated when a short position is rolled over.

31

3-days swaps

Day of the week when swaps for Saturday and Sunday will be added.

32

Sessions

Quoting and trading hours in server time for each day of the week.

Was this article helpful?

thumb_down No
thumb_down Yes

0 out of 0 people found this article helpful.

Thank you for your feedback.

Send