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Trailing Stops on MT5 Mobile
3:01 · 8 chapters · Forex lessons, part 93
What you'll learn
The MT5 app has no trailing stop. Here's how it really works, and three ways to trail a stop from your phone.
Go further with our written guide on this topic, browse all the free Learn Forex lessons, or check today's market in our forex news.
- Key point 1
- Why the MT5 mobile app has no trailing stop
- Key point 2
- What happens to your stop when desktop MT5 is closed
- Key point 3
- Three workarounds: manual moves, a VPS and an Expert Advisor
- Key point 4
- How to move a stop to break-even from the app
- Key point 5
- How to choose a trailing distance
Rules and limits from regulators and official sources; every price, account and chart in the video is an example. Education, not financial advice.
More forex lessons
The video is presented by an animated host with a computer-generated voice; the research and checks are by the FX Recap team. Risk warning: forex and CFD trading carries a high risk of losing money because of leverage, and most retail accounts lose money. This is education and review, not financial advice. FX Recap may earn a commission from some broker links; see our affiliate disclosure.