If the ‘New Order’ button is greyed out and you can not open a new order, please check the following:
- You are not logged in. If you are not logged in to your MetaTrader 4 trading account, the New Order button will be grayed out and you won’t be able to place trades. How can I log into my trading platform on PC?
- You have not completed the minimum deposit requirement to activate your trading account. To activate a Trading account you need to deposit a minimum amount. Once your account is activated, you can top it up with any amount. Check this article to know the minimum deposit for each account type: Available Trading Account Types: A Brief Overview
-
You did use the Investor password while logging in to the meta Trader. Find more details about Investor Password in this article: What is Investor Password?
To resolve this issue, you need to log in again using the main Trading account password. If you do not remember it, follow the steps described in this article to reset it: How do I reset my trading account password?