Note: This article applies only to the MetaTrader 5 platform. If you're using MetaTrader 4, this information may not be relevant.
If you encounter the “Order type not supported” error in MT5, it typically means the chosen execution type (such as Fill or Kill (FOK) or Immediate or Cancel (IOC)) isn't available for your account type or isn't supported by Axi for that specific symbol.
To resolve this, try these steps:
Stick to standard order types: When placing a new order, opt for common execution types such as: Market Execution (buy/sell at current market price) or Pending Orders (like Buy Limit, Sell Limit, Buy Stop, and Sell Stop).
Advanced types like Fill or Kill or Immediate or Cancel (IOC) are often not enabled by default and might not be available depending on your account.