- 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
Learn how to close trades on Pocket Option quickly and precisely to manage positions effectively and reduce potential losses.
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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 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
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.
What factors affect my ability to close a trade on Pocket Option?
The ability to close a trade depends on factors like expiration time, trade amount, and the settings for the currency pair you are trading. These elements determine how long you have to cancel the trade.
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 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.
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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