CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Close

how to open and close a trad in you markets com account

Here, we’re going to go through how to open and close a trade on your markets.com trading app.

Opening a trade

Step 1:

On the home page of the app, use the search bar to locate the asset that you want to trade, then tap it to open the next page.

Step 2:

Input your chosen trade size, and establish that you’re happy with the required margin. Add a ‘stop loss’ or ‘take profits’ figure if you want to at this point.

Step 3:

Then, choose whether you want to go long (the ‘buyer’ option) or short (the ‘seller’) option.

Step 4:

Once you’re happy, press the ‘buy’ button at the bottom of the screen, and this will execute your trade.

You’ll be able to see all of your current open trades by clicking the ‘portfolio’ menu at the bottom centre of the main app screen

Start Trading Now

Closing your trade

Now, let’s go through how to close a trade:

Step 1:

When you open the portfolio, tap on the trade that you wish to close.

Step 2:

You should see a red ‘X’ appear in the top right of the screen. Tap it.

Step 3:

A new tab should open at the bottom of the screen. Here, you’ve got two options:

  • You can reduce your position size by adjusting the ‘quantity’ tab, and then click the red ‘close’ button. Do this if you want to only close part of the trade.
  • Or, if you want to close the whole trade, you can click the red ‘close’ button straight away, without needing to adjust anything else.

And that’s it. This is how you open and close trades within the markets.com app.

Remember, if you have any questions about using our app, you can always get in touch with our friendly customer support team at support@markets.com.

Happy trading!

The markets.com team.

Related Education Articles

Thursday, 17 April 2025

Indices

What is Forex CFD Trading and How Does It Work?

Thursday, 17 April 2025

Indices

Stock Market Analysis: COSTCO stock, SOFI stock, SOUN stock, RKLB stock

Wednesday, 16 April 2025

Indices

OKLO stock prediction: where will OKLO stock go in 2025?

Tuesday, 15 April 2025

Indices

What is Pimco Active bond ETF: What is the performance of PIMCO bond funds?