Trade types
TradeSocio NewUX Investor Experience
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TradeSocio NewUX Investor Experience
Last updated
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You can open different direction and type of trades while using Trading module. All settings for creating an order template are available in Open trade pop-up window.
Buy
Sell
Stop loss/take profit - can be activated for any market order
Buy stop
Buy limit
Sell stop
Sell limit
Stop loss / Take profit - can be activated for any type of pending order
Valid of day - limit the validity of the pending order by 24 hours
For Forex type asset class trade volume can be specified in Volume estimated in units. For example if the minimum step for the symbol is set as 10,000 units or 0.1 lot, then the minimum volume that can be open on this instrument will be 10,000
For Equity type asset class trade Volume can be specified in shares; or in Amount in the currency of your account.
If you choose the Volume allocation type and the minimum amount of shares for the symbol is set as 1, then the minimum amount of shares to by invested in will be 1 share.
If you choose the Amount allocation type and the minimum volume is set as 1 share, then you will see the current price per 1 share. You can move the slider in order to set the amount you would like to invest and it will automatically adjust according to the amount of shares you will be able to invest in.