Closing a position on the MT5 is a straightforward process.
Here are the steps to follow:
On the trade window of your MT5, locate the trade you wish to close.
Click on the X button on the far right of your screen next to the trade. Alternatively, you can right-click on the trade and then click on Close Position.
That's it! Your position is now closed, and your Balance is adjusted according to your Margin.
We hope it was a successful one!
💡Tip
The same methods apply to closing a pending order. To learn more about that as well as how to modify a pending order, check out this article.