How to Trade

Select the Indices link from within the Market Groups section.

Click on the Index you would like to trade. In this instance, we shall use the UK 100 - Daily Rolling.

Click on 'trade' and the deal ticket will display.

You decide to buy £10/tic - type '10' in the deal ticket and click on 'Buy'.

Your trade has been confirmed. Click 'OK' to clear this message.

Your position can be seen in your open positions.

To add a stop loss to a new order, click on 'advanced' in the deal ticket. The advanced trade ticket will appear.

You can enter a stop loss by selecting stop and choosing the level you wish.

You can also set a limit order which would automatically take profit if the market reaches a defined level.

The system will reduce the margin to where the stop is set if this is less than the initial margin charged.

If the balance of your account is less than the initial margin requirement the system will still endeavour to place a trade for you - but it will automatically place a stop loss at the level at which your funds run out. When the trade is placed you will receive a notification from the system which will include the Stop Order reference number and also the level at which it will execute.

To amend a stop loss on an existing order, you need to enter the order via the 'Open Positions' panel. You may need to click on the + symbol to expand the trade into its separate components.

Click on the 'order' button next to the trade. The advanced trade ticket will appear.

You can amend a stop loss by choosing the level you wish.

You can also amend a limit order.

You can choose to close your trade at any time by selecting the 'Close' button on the contract. For the purpose of this example, we elected to buy the UK 100 - Daily Rolling. Click on 'Close' from your open position folder.

The close ticket will display, you can only close or partially close, the system will not let you trade again from this ticket. Clicking the close button within the deal ticket will close your position.

A confirmation window will appear.

You can set up orders which will trade if and when the market reaches your preset level. You can buy below or sell above the market price - as in a limit order, or you can choose to buy above or sell below the current market price - a stop (momentum) order.

Click on 'Order' next to the market required, in this case you decide to place an order on the UK 100 - Daily Rolling contract.

You decide you want to buy the UK 100 - Daily Rolling contract if the price reaches 5560. If that order is executed, you want to take profit at 5600 (limit order), or if the market falls you wish to be stopped at 5530.0 (stop order).

As you have chosen End of Day this order will automatically cancel at the close of business if it has not been executed.

After you have clicked 'Place', a summary window will appear.

This transaction will show in your order book folder.

Again you click 'Order' next to the market required.

In this case if the market reaches 5560.0 you wish to buy the UK 100 - Daily Rolling contract.

Tick the 'OCO' box to sell the UK 100 instead if the market falls - in this case to 5500.

If one of the orders is executed the other will be automatically cancelled.

As you have selected cancel this order will only be cancelled when you decide to cancel it.

Either order can be amended or cancelled from your open orders folder and each order will show separately in the open orders folder.