NetTradeX Trading Platform: Unlocking a Position | IFCM Tanzania
IFC Markets Online CFD Broker

Unlocking a Position

If there are two opposite positions on the same financial instrument, you can close them with the "Unlock positions" operation. If these positions are of different volumes, a new position will be created with a new volume equal to the difference between the volumes of the positions (taking into account the direction).

To perform unlocking operations it is necessary to choose two positions in "Open positions" window (by "Ctrl" + left click). After choosing, you need to right-click to call the context menu, where you need to select the "Unlock positions" option.

For example, let us perform unlocking operation on two open positions: Sell EURUSD with volume of 25 000 Euro and Buy EURUSD with volume of 20 000 Euro.



In the opened "Unlock positions" window press "Unlock" button.



The result of this operation is closure of two positions and opening of a new Sell position with a volume of 5 000 Euro, which is reflected in the account balance. It can be seen in the "Trade Operation Result(s)" window (if the option of showing operation results is set in terminal settings).



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