Identify the record type
An order is an instruction. A deal is an execution. A position is the resulting exposure, which can reflect multiple deals. An order can be filled in parts.
VCM / TRADING GUIDES
How to Read Orders, Deals and Positions in MT5
A trade record tells you what happened after an instruction was submitted. Start by matching the symbol and time window.
Match tickets and timestamps
In the Toolbox History tab, set the relevant time window. Match the order and deal tickets and note the broker server timezone before comparing the history to another clock.
Reconcile the total
Add the deal results and check commission, swaps and fees as reported. If the result differs from your estimate, check for partial fills or a mismatch in account currency.
Continue your research
XAU/USD Trading Hours and Session Breaks
Check your broker’s gold trading hours, daily breaks, holidays and platform timezone.
How to Calculate the XAU/USD Spread
Calculate the gap between the gold bid and ask and convert it to a cash cost for your position size.
Gold Position Size Worked Example
Work through XAU/USD position sizing using a cash risk budget, stop distance and broker contract size.
Risk and drawdown calculators
Calculate a risk budget and explore the gain required to recover from a loss.
PREPARE YOUR ENQUIRY
Make the first conversation useful.
- Do the order and deal tickets match the position you are reviewing?
Published by Vertex Capital Markets. General information, not personalized advice. Trading can result in substantial losses. Scope and service availability require confirmation.