On the MetaTrader 5 (MT5) platform, there are two types of trading accounts: Net and Gross.
Gross and Net Accounts:
Both are Margin accounts, meaning they use leverage to allow you to trade with more funds than you have in your account.
Key Difference:
In a Gross account, each trade on a financial instrument is recorded separately. This means you can have multiple open 
positions, even in opposite directions, on the same instrument.
Features of a Gross Account:
- Stop Loss/Take Profit orders and Trailing Stop: These tools are available to help manage your trades.
 
- Separate P/L Calculation: Profit and loss are calculated individually for each position.
 
- Closing Positions: You can close positions using the Close position command.
 
- Position Reversal: To reverse a position, the current position is closed, and an opposite position of the same volume is opened.
 
Features of a Net Account:
Single Position: One position for each instrument. 
Comparison Between Gross and Net Accounts
Feature  | Gross Account  | Net Account  | 
Number of positions on the same financial instrument  | Many  | One  | 
Opposite positions (Buy and Sell) on the same financial instrument  | ✓  | ❌  | 
Increasing position volume  | ❌  | ✓  | 
Decreasing position volume  | Partial closing decreases volume. Use the Order Modification window to specify a smaller volume and click Close by Market. The specified Trade Volume is closed, and the position remains open with the Remaining Volume.  | Open an opposite position of a smaller volume to decrease the Net position volume.  | 
Position reversal  | Use the Reverse Trade Position command to close the current position and open an opposite position of the same volume.  | Open an opposite position of a larger volume to reverse a Net position.  | 
Closing position  | Close the position using the Close position command.  | Close a Net position by opening an opposite position of the same volume.  | 
Stop Loss, Take Profit and Trailing Stop orders  | ✓  | ❌  | 
This comparison highlights the flexibility of Gross accounts in handling multiple and opposite positions, while Net accounts focus on consolidating trades into a single position.