Having trouble closing a position in MT4

Beginner Questions
1

I’m just practicing with a demo account, and this is my first demo trade in EUR/USD. I had a sell position that would have been profitable hours ago. The problem is that I can’t seem to exit the position. Even if I elect for instant execution at the current price (now taking a slight loss albeit) I keep getting the ‘off quotes’ message. At this point, I just wanted to test the mechanics of trading and I’m not sure if there’s anything else I can try to exit this position. Anyone else have similar experiences?

Any thoughts would be appreciated as it seems I’m going to be stuck in this position forever.

2

What broker?

3

Server says Forex.com-Demo®.

I don’t recall ever formally setting up an account with them (real or demo), rather I just followed the instructions when installing MT4.

4

Just download another MT4 from another broker, if their demo don’t work too well I suspect live wont.

5

Ok. Thanks for the responses.

Before I go and sign up for another broker, I just want to confirm that I’m not doing anything wrong mechanically.
I should expect to exit a position within a reasonable amount of time under “normal” trading conditions (like today), but no matter what I try, there’s nothing but Off Quotes messages.

Are there any other checks within MT4 itself I should try before trying this again elsewhere?

Thanks.

6

Whatever broker you are using right now. Their “Demo” server sounds like it is probably offline, so MT4 is just giving you that response.

7

Not that I know of, but if your new MT4 is the same, it’s likely you’re doing something wrong, on the other hand if it’s fine, it will be the broker.

8

It says Forex.com-Demo®. Every time I put a close order in, it says order accepted and then takes about 3 min. before it spits back an ‘Off Quotes’ message.

I guess next step is to try another demo account.

Thanks.

10

I have no love for Forex.com anyway. I think they are a garbage broker, (Dealing Desk/Market maker “vomits”) Try one of these guys, Mb Trading, IBFX, Oanda or FXCM. Or try all of them.

MB Trading -ECN Broker
IBFX - STP
FXCM - ECN/STP
Oanda - DD, but happens to be one of the very few good ones.

My two cents anyway.

Cheers!,

fi