The option of changing the volume of current open positions is available only for “Netting” account type.

“Netting” account type doesn’t allow traders to have multiple positions for the same symbol, but all orders will be calculated in one position. You cannot hedge a position in this account type.

In case of Hedging account

In this type of account, Multiple open positions of the same symbol can simultaneously exist on the trading account, including oppositely directed ones (Buy and Sell).

It is normally the standard for majority of Forex brokers, and “Netting” account type is normally offered as an option.

And in this account type, the volume of an existing position cannot be increased.

To partially close a position, click “Close Position” in the context menu of the appropriate position.

Next enter the value of the volume to close and click “Close…”.

In case of Netting Account

In case your brokerage firm allows you to have a “Netting” account, then you can partially close positions or increase the trading volume of the position.

In this account type, for one financial instrument, only one position can exist at any given time.

Differently directed positions (buy and sell) are not allowed.

Thus, if you execute a trade operation to buy 1 lot of a financial symbol, and there is an open 1-lot sell position, the position is closed.

The same is true for an opposite deal. If you have a 1-lot buy position and execute a trade operation to sell 0.5 lot of the same instrument, you will have one buy position of 0.5 lots.

For the list of MT4 and MT5 brokers, please visit the page below.

List of Forex Brokers

1

XMXM

4.9 rating based on 1,166 ratings
4.9/5 1166
2

DerivDeriv

4.9 rating based on 143 ratings
4.9/5 143
3

LQDFXLQDFX

3.5 rating based on 93 ratings
3.5/5 93
4

FBSFBS

3.6 rating based on 99 ratings
3.6/5 99
5

FXTMFXTM

3.9 rating based on 43 ratings
3.9/5 43
1

PrimeBitPrimeBit

3.9 rating based on 7,130 ratings
3.9/5 7130
2

BinanceBinance

4.3 rating based on 7,662 ratings
4.3/5 7662
3

bybitbybit

4.2 rating based on 3,323 ratings
4.2/5 3323
4

XBTFXXBTFX

1.9 rating based on 4,447 ratings
1.9/5 4447
5

WisebitcoinWisebitcoin

3.3 rating based on 4,701 ratings
3.3/5 4701