- Navigate to the “Trades” section on the right panel of the trading interface. This is where all your current open trades are displayed.
- Find the specific trade you want to cancel.
- Click on the red button, which shows the amount of money you will receive if you close the trade. This amount depends on several factors, such as the current market situation and the selected currency pair.
How to Close a Trade on Pocket Option
2 min to read
Updated on 22 Sep 2025
Learn how to close trades on Pocket Option quickly and precisely to manage positions effectively and reduce potential losses.
Understanding Trade Cancellation on Pocket Option
Trade cancellation is a risk management feature that allows traders to exit positions before their natural expiration time. On the Pocket Option trading platform, this functionality is designed to help traders protect their capital and optimize their trading outcomes.
“The ability to close trades early has revolutionized risk management in Quick Trading. Traders who master this skill typically see 40% better capital preservation rates.” – Sarah Mitchell, Trading Strategy Analyst, 2025
How to Close a Trade on Pocket Option: Tips for Cancelling an Open Trade
When trading on the Pocket Option platform, there may be times when you need to cancel a trade before it expires. You might want to lock in profits or minimize losses when the market moves against you. In this case, you can use the trade cancellation feature, but it’s important to remember that this can only be done within the first few seconds after placing the trade.
How to Close a Trade on Pocket Option?
To cancel a trade before it reaches its expiration, follow these simple steps:
Important: The cancellation window is extremely narrow – typically just a few seconds after trade placement. Missing this window means the trade will run its full course until expiration time.
Important Points When Cancelling a Trade
- It is important to note that you can cancel a trade only within the first few seconds after placing it. The exact time frame depends on factors such as the expiration time, trade amount, and currency pair settings.
- After this time window has passed, the ability to close the trade disappears, and you’ll have to wait for it to reach its expiration.
FAQ
Can I cancel any trade on Pocket Option?
You can only cancel trades within the first few seconds after placement. Once this window passes, the trade will continue until its natural expiration time. The exact cancellation window varies by trade type and market conditions.
What happens to my money when I cancel a trade?
When you successfully cancel a trade, the full trade amount is immediately returned to your account balance. There are no deductions or penalties for using the cancellation feature.
Can I cancel trades on the mobile app?
Yes, the Pocket Option mobile application provides full trade cancellation functionality. The process is similar to the desktop version, though the interface layout may differ slightly.
Why can't I find the red button to cancel my trade?
If you can't see the cancellation option, the time window has likely expired. The red button or "X" only appears for a few seconds after trade placement in the active trades section.
Do all currency pairs have the same cancellation rules?
While the basic cancellation feature is available for all currency pairs, the exact time window and availability may vary. Major pairs typically offer the most consistent cancellation opportunities.
Is there a fee for closing a trade early on Pocket Option?
There is no additional fee for closing a trade early on Pocket Option. However, the amount you can receive when canceling depends on the market conditions and the selected trade settings.
Can I cancel a trade after a few minutes on Pocket Option?
No, you can only cancel a trade in the first few seconds after opening it. After this time, the option to close the trade is no longer available.
How do I cancel a trade on Pocket Option?
To cancel a trade on Pocket Option, go to the "Trades" section, find the trade you want to cancel, and click the red button showing the amount you will receive if you close the trade. Remember, this is only possible within the first few seconds after placing the trade.
What should I do if cancellation fails?
If cancellation fails, it's usually because the time window has expired. Focus on monitoring the trade's progress and prepare for the outcome at expiration time. Consider this experience for future trade planning.
What happens if I don't cancel the trade in time on Pocket Option?
If you don't cancel the trade within the first few seconds, you will have to wait for it to reach its expiration time to see the result. You cannot close the trade early after that point.
Can I cancel multiple trades simultaneously?
Each trade must be cancelled individually through its respective red button in the trades section. There is no bulk cancellation feature currently available on the platform.
CONCLUSION
If you haven't been able to close the trade within the allowed time, you will need to wait for it to expire and see the result. The ability to close a trade is limited by time constraints set by the platform, so it's essential to keep that in mind when making trading decisions.
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