How to open your first market order

Welcome to the SimpleFX WebTrader tutorial. This video will show you how to open your first market order.

First, find an instrument. You can use a search box at the top of the instruments list on the left side of the screen…

… or press Shift + any other key to enable a search popup.

Type the symbol of the instrument you are looking for. For Eurodollar type EURUSD. Click the search result and choose an action. Let’s open a chart.

To make an order open the “New Order” window. Right-click on the chart and choose “New Order”. You can also open “New Order” using the search or with the “New Order” button at the bottom of the screen.

In the “New order” window you can adjust the trade size. Type in the number of units and adjust them by “0.01” by clicking the “-” and “+” on both sides. The bigger the trade the faster you will make or lose your money.

“Required margin” is the minimum amount of money to open this trade. You can also set “Take Profit” and “Stop Loss” levels. Choose the trade direction by clicking “SELL” or “BUY”. Finally, press on “Submit” button to open your trade.

Now you can see your position on the chart and in the trade list below.