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Help and support

How do I open a position?

To open a position on MT4/5, simply click the New Order button from the Toolbar section at the top of the platform. You can also right-click anywhere within the Trade tab of the MT4/5 terminal and select New Order from the options that appear. In the Order window enter the details of the trade and click on the red Sell by Market button to open a short position, or the blue Buy by Market button to open a long position.

new-order-mt4-1.png new-order-mt4-2.png

On cTrader, you can select the 'New Order' button from the top of the platform or from the 'Positions and Orders' window. Finally, enter the details of the position and select 'Place Order' at the bottom of the 'Create Order' window to open the position.

new-order-ctrader-1.png new-order-ctrader-2.png

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© 2025 Pepperstone Group Limited

Risk Warning: Trading CFDs and FX is risky. It isn't suitable for everyone and if you are a professional client, you could lose substantially more than your initial investment. You don't own or have rights in the underlying assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn't take into account your personal objectives, financial circumstances, or needs. You should consider whether you’re part of our target market by reviewing our TMD, and read our PDS and other legal documents to ensure you fully understand the risks before you make any trading decisions. We encourage you to seek independent advice if necessary.

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