Forex Training Videos

How to Manually Close an Open Order in fxTrade

Video Summary

To close an open order, you must buy or sell an equal amount of the open order so that your total position in the currency pair is reduced to zero. For example, if you have an open order for 5,000 units of EUR/USD, you must sell 5,000 units of EUR/USD to completely close your position.

Forex Training Videos

Trade smarter

Make better trading decisions. Explore the volatile and exciting world of currency trading with tutorials and other resources.

Stay informed

Keep up with the ever-changing forex market. Read daily news and analysis from our team of economists and currency strategists.

Demo forex account

Try under real market conditions, before you commit. Start with a 100,000-unit forex demo account. It's free and never expires.

This is for general information purposes only - Examples shown are for illustrative purposes and may not reflect current prices from OANDA. It is not investment advice or an inducement to trade. Past history is not an indication of future performance.

Trading FX and/or CFDs on margin is high risk and not suitable for everyone. Losses can exceed investment.