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Placing Trades


The Trading Station§ software is your direct connection to the forex market. It's where traders buy and sell currencies and manage their accounts.

PLACING YOUR FIRST TRADE

Placing a trade is simple. All you need to do is click on the ‘sell’ or ‘buy’ price for the currency pair you want to trade from the ‘Dealing Rates’ window. Then simply confirm the order details and click ‘OK’.

  • Step 1: Click ‘Buy’ or ‘Sell’
  • Step 2: Confirm Order and Click ‘OK’

MONITORING YOUR LIVE TRADES

With live trades in the market, you’ll want to know whether you’re making money or losing money. To do this, you’ll need to look in the ‘Summary’ window. There you will see your live trades and the details of those trades.

SUMMARY OF WINDOW DEFINITIONS

Symbol: The currency pair you are trading.
P/L (Sell): The profit/loss of sell trades.
S Usd Mr: The used margin for sell positions.
S Amt: The sell trade amount displayed in thousands.
Avg Sell: The average value of the sell rates.
Close Buy: The market buy rate.
Close Sell: The market sell rate.
Avg Buy: The average value of the buy rates.
B Usd Mr: The used margin for buy position.
B Amt: The buy trade amount displayed in thousands.
P/L Buy: The current profit/loss of buy trades.
Usd Mr: Total margin for both buy & sell positions.
Amt: The total amount of all positions displayed in thousands.
Gross P/L: The profit/loss of all positions displayed in the symbol.
Open Comm: Commission for open positions
Close Comm: Commission for close positions
Roll: The amount in USD/HKD that you pay/receive for positions.
Net P/L: The gross P/L with commissions and interest.

CLOSING YOUR LIVE TRADES

When you’re ready to close a live trade, simply click on the appropriate price in the ‘Close’ column in the ‘open positions’ window. Next, confirm the order details and then click ‘OK.’ Once the trade closes, your profit or loss on that trade will be booked, and your account equity will be updated in the ‘Accounts’ window.

Trading Station Platform:
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