One-click trading tutorial How does one-click trading work? The one-click feature allows you to open or close any spread bet or CFD trade with just one click through the buy and sell buttons. This can be either a single or a double click depending on which you prefer, and you can lock the function at any time. It is important to note that you will not have a chance to cancel the order once you have selected your buy and sell price, so you should take care when using the one-click function, as there is an increased possibility that you could submit an order unintentionally.
Before you can activate one-click trading on your account, you will need to carefully read and accept the terms of use on the platform. Below are some of the main components of the tool and their functions that you can find on our advanced online trading platform , Next Generation. Join a trading community committed to your success Start with a demo Quote panel When one-click trading is activated, you will be able to enter a trade size manually into the price quote panel.
Alternatively, you can choose a trade size from the built-in dropdown menu. Price buttons When activated, one-click trading is turned on by default for all price buttons, including the quote panels. When you hover your mouse over any price button, a one-click trading order ticket will appear, allowing you to enter a trade size. You can select to have one-click trading orders apply only to quote panels from the Order Settings menu.
Positions window You are able to close any open positions with a single touch by selecting the close-out button in the Positions window, under the Account menu. Any pending orders can also be cancelled with a single click in the Orders window. Order settings By default, your personal stop-loss and take profit order settings will be applied to your one-click market order.
This can be disabled within the one-click trading section of the Order settings. If disabled, all orders will be submitted without any stop-loss orders attached, although you may be able to modify these later. Trade confirmation After you place or close a one-click trade, an execution alert will appear in the platform, displaying the execution price, size of the trade, any associated stop-loss or take profit orders, and finally the realised profit or loss for any executed closing order.
We encourage you to read this carefully to make sure the order has been carried out as expected. One-click trading plugin for MT4 We also host the international trading platform, MetaTrader 4 , for users that are already familiar with the software. When using one-click trading on MT4, you can place and also modify pending orders, such as take profit and stop-loss orders, before the trade is executed.
The basic Setting is a default stop-loss and take-profit Option to add a Break-even with extra pips for the stop loss Option to add a trailing stop which is triggered after x pips and trails x pips behind the price Option to set the stop loss and take profit to last swing high and low Option to add a stealth order to the basic and swing options Swing Trading with Auto Calculation If turned on this feature will automatically calculate the last swing high or low price for a set time frame, if the time frame is 1 minute and you submit a buy order then your take profit will be set at the highest price of the last swing high and your stop loss will be the lowest swing low price as shown below.
This feature will stop this from happening by simply not allowing you to submit any further trades with the terminal until you restart it. If you remove the protection, your position will have no stop loss or take profit.
You can also easily change the stop loss and take profit values by selecting the order and then clicking on the EDIT button as shown above. In the positions list of the cTrader platform, you will see that the broker cannot see your SL or TP. Limitations There are some limitations to this product, firstly as this is a one-click terminal you need to set up your trade first and then submit the order, the settings you used will be applied to this order, if you adjust the settings after the existing order will not be updated.
Only trades created using this tool will be managed, if you open a trade manually outside the one-click terminal it will not be managed. Also, on high volatility where the price moves fast like news releases sometimes the stealth take profit or stop loss will not be activated. As the stealth orders are held in memory locally on the PC or VPS and not with the broker, there may be a few seconds delay in closing a position once the price target is reached.
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