A position is opened by entering an order.

Important! Pay attention to the contents of the message field in the lower part of the trading terminal:

Using a Market order to open a position

Entry orders are explained in another document

Fig. 1. Control panel overview

1. Set the order type switch (1.1) to the Instant position, activate currency (2) and enter the number of lots (3).
2. Submit the request by clicking the price in the Sell or Buy columns (4)
3. If everything is entered properly and the market is open, a new order will appear in the Active Orders table. The order will disappear from the Pending Orders table in several seconds, and a new position will appear in the Open Positions table.
4. If the order disappears, but a new position will not appear, an error has occurred. The message field in the lower part of the terminal will show how the error has happened.

Opening a position with a price limit

In case of a poor internet link, a position may be opened with a limit price. The opening will happen at any available market price provided it is not worse than the price specified by the trader

1. Set the order type switch (Fig. 1.1, 2.1) to the Market position.
2. Place the checkmark in the At Least field (2.2), enter the price below (2.3). The position will open at this price or better, provided such price is available on the market. If the checkmark is placed, but price field is left blank, position will open at the current price just like a regular Instant order.
3. Press Buy or Sell button

Opening a position with simultaneous STOP/LIMIT order entry

The trading system allows to open a position and automatically add a STOP and/or LIMIT order to it. After opening the position, the automatic STOP/LIMIT order is processed as a separate order for the entire number of lots in the position. In all other respects, the automatic STOP/LIMIT order is no different from the same order entered manually. Subsequently, the order may be either cancelled by the trader, or replaced by another. To enter an automatic STOP or LIMIT order:

1. Set the order type switch (Fig. 1.1, 2.1) to the Market position.
2. Enter the order price in the Stop and/or Limit field(s) (Figure 2.4)
3. Press Buy or Sell button

Note. Here, as opposed to the Stop/Limit order entry for an existing position, only the absolute price (1.4902, for example) may be specified.