Why can't I trade after I log in to MT4?

Hello, please confirm whether you have used the investment password (observation password) to log in to MT4?

Viewing method: Select "Trade" in the bottom menu bar of MT4 and check the position order. If x is displayed at the end of the order, it means that you are currently using the investment password (observation password) to log in to the account

Please note that after using the investment password (observation password) to log in to the trading account, you can only view the positions held and transaction history, and you cannot perform any transaction operations on the account. Please use the correct transaction password to log in to your account for transactions. If you forget your password, please refer to What to do if you forget your MetaTrader account password?

Link: What to do if you forget your MetaTrader account password

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Trading in financial instruments involves high risks due to the fluctuation in the value and prices of the underlying financial instruments. Due to the adverse and unpredictable market movements, large losses exceeding the investor’s initial investment could incur within a short period of time. The past performance of a financial instrument is not an indication of its future performance. Please make sure you read and fully understand the trading risks of the respective financial instrument before engaging in any transaction with us. You should seek independent professional advice if you do not understand the risks disclosed by us herein.

Trading in financial instruments involves high risks due to the fluctuation in the value and prices of the underlying financial instruments. Due to the adverse and unpredictable market movements, large losses exceeding the investor’s initial investment could incur within a short period of time. The past performance of a financial instrument is not an indication of its future performance. Please make sure you read and fully understand the trading risks of the respective financial instrument before engaging in any transaction with us. You should seek independent professional advice if you do not understand the risks disclosed by us herein.