What are "close by" and "multiple close by" on XM MT4 and MT5? Table of Contents

What is “close by”?

The close by is a function on the MT4 and MT5 platforms that allows you to simultaneously close two opposite positions on the same financial instrument and save one spread.

The buy order needs to close with a sell order, and the sell order needs to close with a buy order.

What is “multiple close by”?

Multiple close by allows closing more than one opposite position at the same time.

In case you have two opposite orders, you can use one of the orders to close the other one, and thus gain or lose the net difference.

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