How to open a market trade in Weltrade 2.0 app

A market trade opens immediately at the current market price. In Weltrade 2.0, you can open one from the Trade tab in a few taps. This guide shows how to find an instrument, set up your order, and send it, and what to do if the order isn't opened.

Before you begin, make sure:

A trading account is selected and connected. If it isn't, instruments are hidden. See How to connect a trading account to Weltrade 2.0.
For a real account, you have enough funds to cover the margin.

Step 1. Find the instrument

1. Open the Trade tab.

2. Browse the categories or search by name or ticker, for example EUR/USD, XAU, or AAPL. The list of instruments depends on your account type.

3. Tap the instrument to open its card. Here you see:

The chart (1H, 1D, 1W, 1M, 1Y)
Bid and Ask prices and the spread
Whether the market is open
Swaps and the minimum volume

The Specification tab shows the contract size, volume step, minimum Stop loss / Take profit distance, and trading hours (in trading server time).

Step 2. Set up the order

1. Tap Long to buy or Short to sell.

2. Keep Market mode to open the trade at the current price. To open it later at a price you choose, use Pending instead.

3. Enter the volume in lots. The app shows the margin needed for this trade.

4. Optional: set an Exit strategy:

Take profit closes the trade when it reaches your target profit.
Stop loss limits your loss.

Step 3. Send the order

Swipe Slide to Long or Slide to Short. When the order is accepted, you see Order created.

Your trade appears in Home → Positions → Open.

If the order was not opened

If the order can't be opened, the app shows the reason from the trading server.

Error message	What to do
Not enough free margin	Reduce the trade volume, close some open positions, or deposit funds to your account.
The market is closed for this instrument	Wait until the market opens for this instrument and try again.
This position was already closed	No action needed. You can find the closed position in your trading history.
Trading is disabled for this instrument	Choose another instrument. If the problem persists, contact support.
That stop or limit level is not allowed	Set your Stop Loss, Take Profit, or limit level further from the current price and try again.
That volume is not allowed	Change the volume so it fits the minimum, maximum, and step allowed for this instrument.
That volume is over the account's limit	Reduce the volume or close some of your positions on this instrument.
This account does not allow opposite positions	Close or reduce your existing position instead of opening a position in the opposite direction.
The price moved — try again	Try again at the new price.
That price is not allowed for this order	Check the price of your pending order and adjust it relative to the current market price.
The dealer did not answer in time	Check your open positions and trading history to see if the trade went through, then try again if needed.
The dealer rejected the request	Try again. If the problem persists, contact support.
That expiry is not allowed for this order	Choose a different expiry for your pending order.
Too many requests — wait a moment and try again	Wait a few seconds and try again.
The account has reached its limit of pending orders	Delete pending orders you no longer need, then try again.
The account has reached its limit of open positions	Close some open positions, then try again.
Only buy orders are allowed for this instrument	Open a buy order or choose another instrument.
Only sell orders are allowed for this instrument	Open a sell order or choose another instrument.
This instrument only allows closing positions	You can close existing positions on this instrument, but not open new ones. Choose another instrument to open a trade.

Good to know

Balance and profit on screen update once per second, so a figure can briefly differ from the MetaTrader 5 terminal.
Delayed quotes means prices are delayed. Wait or check your internet connection.
Reconnecting… means the app is restoring the connection to the server.

Frequently asked questions (FAQs)

What is a market trade?

A market trade opens immediately at the current market price. To open a trade later at a price you choose, use a pending order.

What's the difference between Long and Short?

Long means you buy and expect the price to rise. Short means you sell and expect the price to fall.

Why can't I see any instruments on the Trade tab?

No connected trading account is selected. Select a trading account and connect it with its trading password.

Why are some instruments missing?

The list of instruments depends on your account type. See Account types overview in Weltrade 2.0.

What is the minimum volume I can trade?

It depends on the instrument. You can see the minimum volume on the instrument's card and the volume step in the Specification tab.

Do I have to set Stop loss and Take profit?

No. They're optional, but they help you manage risk by closing the trade automatically at the levels you set.

Where can I see my open trades?

In Home → Positions → Open.

Will I see my trade in the MetaTrader 5 terminal?

Yes. Trading in the app runs on Weltrade's MT5 server, so trades on your account also appear when you log in to the same account in the MetaTrader 5 terminal.

Why does my balance in the app differ slightly from MetaTrader 5?

Balance and profit in the app update once per second, so a figure can briefly differ from the terminal.