Does MetaTrader 4 follow the First in First Out (FIFO) rule?

Asked 3 years ago

Hey ya'll. Can any of you tell me if MT4 follows the FIFO rule? Thanks

First in first out rule (fifo)Metatrader 4 (mt4)

Osasere Okunloye

Sunday, August 08, 2021

Yes, MetaTrader 4 uses the FIFO rule. When trying to close some positions, you will see a notification that reads "prohibited due to FIFO rule", this means you have to close the first opened trade first, then the second. However, some stocks allow hedging. You can enable this on the fund management system.