When placing pending orders for London Silver via MT5, some users encounter a confusing issue. The target price has been filled in, yet the order fails to be created after clicking submit. Instead of checking the trade direction first, you should verify the distance between the pending order’s target price and the current market price.

1. What is the London Silver Pending Order Distance

A pending order means setting a target price in advance. The order will enter the subsequent execution process only when the market meets the corresponding conditions.

To prevent target prices from being too close to the prevailing market quotes, the platform sets a minimum pending order distance. MT5 may reject the pending order if the price entered by the user fails to meet the requirement.

2. What is the Required Pending Order Distance for London Silver on Lucky Gold

The minimum pending order distance for both London Gold and London Silver on Lucky Gold is set at 200 points away from the current market price, equivalent to 2 US dollars.

Therefore, when placing a London Silver pending order, the target price must satisfy this distance requirement first. If the market moves rapidly, a price that originally meets the requirement may become too close again due to real-time market fluctuations.

3. Why It Works When Entering but Fails Upon Submission

This happens because the market will not stop moving while you input data.

For instance, when you fill in the target price, the gap between it and the market price is slightly above the minimum required distance. Within the few seconds before you click submit, the market price moves toward your target price, and the actual distance may shrink.

Thus, if you consistently place pending orders right at the edge of the minimum distance, you are more likely to face changed price conditions at the moment of submission.

4. Where to Fill in Pending Orders in MT5

To create a pending order on mobile MT5, select the corresponding pending order type, then enter the trading volume and target price. Trading volume is measured in lots.

Lucky Gold supports a minimum of 0.01 lot and a maximum of 10 lots per single order for London Silver, with one standard lot equal to 5000 ounces.

You may check both the target price and trading lot size before submitting your London Silver pending order.

5. Can Existing Pending Orders Be Adjusted?

Yes.

MT5 allows modification of pending orders that have not been triggered, including parameters such as target price and validity period. You may also delete the entire order directly.

If market conditions change and the original pending order level is no longer suitable, you can choose to adjust or cancel it. After deletion, relevant records will remain in the history tab marked as cancelled.

6. What to Do If Submission Still Fails Even with Correct Distance

At this point, check whether you are within normal trading hours.

Lucky Gold conducts settlement from 05:00 to 06:00 (Tuesday to Friday) during Daylight Saving Time, and 06:00 to 07:00 during Standard Time. Trading is temporarily unavailable for 5 minutes before and after settlement.

If both the distance and trading hours are correct, you can check the MT5 server connection or contact Lucky Gold online customer service directly.