---
title: What types of orders can I place on the MT5?
description: "You can place several types of orders to manage your trading strategies effectively on the MetaTrader 5 (MT5). Below you can find a list of the main order types: Market Orders: These are executed immediately at the current market price.…"
url: "https://windsorbrokers-chn.com/knowledge-base/trading-platform/what-types-of-orders-can-i-place-on-the-mt5/"
updated: "2025-07-28"
category: Trading Platform
---

# What types of orders can I place on the MT5?

You can place several types of orders to manage your trading strategies effectively on the MetaTrader 5 (MT5). Below you can find a list of the main order types:

Market Orders:
 These are executed immediately at the current market price. They include:
 • Buy: To purchase an asset at the current Ask price.
 • Sell: To sell an asset at the current Bid price.

Pending Orders:
 These are orders to buy or sell an asset at a specified price in the future. They include:
 • Buy Limit: To buy at a price lower than the current market price.
 • Sell Limit: To sell at a price higher than the current market price.
 • Buy Stop: To buy at a price higher than the current market price.
 • Sell Stop: To sell at a price lower than the current market price.
 • Buy Stop Limit: A combination of a Buy Stop and a Buy Limit order.
 • Sell Stop Limit: A combination of a Sell Stop and a Sell Limit order.

Stop Orders:
 These help manage risk by closing positions at predetermined levels:
 • Stop Loss: To limit losses by closing a position at a specified price.
 • Take Profit: To lock in profits by closing a position at a specified price.

Trailing Stop:
 This is a dynamic stop order that moves with the market price to lock in profits while limiting losses.