Expert Mode

Let's go over all the features by the numbers:

  1. Live Rates and Charts - This is where you see the live rates for all the instruments up for trading. By clicking on the chart button on the left you can view a chart of the pair for over a chosen time period. You can chose between basic charts (that include line or candlestick charts) or advanced charts (that include a variety of technical indicators and Fibonacci retracements). In addition, by clicking the bell icon to the right of each pair, you can set a buy rate and sell rate alarms for each pair, so you would be notified when a pair has reached the set price you determined.
  2. Buy / Sell Buttons - These buttons determine whether you're buying or selling the instument you've selected. Note that these buttons disappear if you've chosen to trade in "one click trading mode".
  3. Trade Options - This is where you set up your leverage, your trade amount and your trade orders. You can also click the "carry trade over weekend" button to set your trade to remain open over the weekend. Expert mode provides you with a wider range of leverage options, as low as 1:5 and as high as 1:400. You can also edit your trade orders and over the weekend options after opening the trade.
  4. Open Trades - This is where you monitor all your open trades. As you can see the stop loss and take profit orders are editable, as is the carry trade over the weekend box. You can edit your trading orders using the arrow buttons, or click on "edit" to manually type in the stop loss and take profit figures. Clicking the close button closes the trade. If you click on the chart button of a specific position, a new window would open, with an interactive chart of that particular trade. You may open up to100 simultaneous trades in this panel.
  5. Orders - Click on this tab to view and manage all the trading orders that you've set up.
  6. History - Click here to see a historical log of all your past trades.
  7. News - Click here to see a live stream of financial news.
  8. Calendar - Click here to see a calendar of financial events and announcements.
  9. Chart - The interactive graph represents the movement of the currency pair of your selection. Placing your curser over any point on the graph will open a small window detailing the rate at that specific date and time. The graph is a very useful feature that lets you analyze the trends of your currency pairs and what they might mean for your speculative purposes. Above the graph you can choose the charting tools you wish to use. You have the options of viewing a candlestick chart and drawing trend lines and channels so you can choose your trades based on rising and falling trends. You can also edit your stop loss and take profit from this screen. It is also possible to close the position from the graphs screen.
  10. Instruments By clicking on these three tabs you can choose which of the three types of instruments you want to view or trade: currencies, commodities or indices.
  11. Open Trade/ Create Order - These two tabs determine if the trade you are setting up is a live trade that you want to execute manually or a trading order which will be executed automatically once the market hits your specified price level. When you click on Create Order you will see an interface similar to the one above, but with the extra parameter of the entry price that you must specify by clicking on "set rate". Once you've set up all the necessary parameters, click on "Create Order" to register your order. The order will then appear in the "Orders" tab next to the "Open Trades" panel below, where you can view and manage your orders.
  12. Visual Mode - Use these buttons to switch between Visual Mode and Expert Mode
  13. One Click Trading - One click trading mode is very useful for experienced traders who like to trade a certain way and don't need to keep setting up the same trades. It also gets rid of the need to confirm your trades. You can literally open a trade with one click of the mouse. In order to learn more about this feature, please visit the One Click Trading page in the guide.
  14. Carry Trades Over Weekend - Ticking the "Carry Trades Over Weekend" box will ensure that your trade is not closed when the markets shut down for the weekend on Friday evening and that your position is still open once the markets resume activity on Sunday afternoon. This feature has some limitations, and you are advised to read more about it in the "Carry Trades Over Weekend" page in this guide.
  15. Totals - This panel presents you with your updated account summary. Your realized profit is the total profit you've realized while trading with the platform. Your virtual balance is the balance you would have if you were to close all your trades. Usable margin is the margin you have left for trading. Current investment is the sum of all your open trades. Unrealized profit is how much you stand to gain by closing your trades at the moment.
  16. Community Panel - Here you'll find public and private chats, our traders' forum, and of course all the ways to contact our support. This is also where you can access our comprehensive tutorials, view challenge rankings and use the Top Traders' Insight tool.
  17. Account Balance -This is where you can view your current balance. Clicking on the balance will take you to the cashier, where you can deposit your funds.

Now let's take a closer look at some of the features.


 

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