Trading involve risks and are not suitable for all investors. Please ensure you fully understand the risk involved.
Understanding how to use your tools is just as important in knowing the in-and-outs of the financial market. Here we will look at the Mitrade platform and how to use it.
Main Trading Window
Vertical Scale - Price Index
Symbols - Financial Instruments available to trade
Horizontal Scale - Date & Time
This is the overview of your financial health when trading.
P/L: The sum of unrealized profit/loss and overnight fees of all open positions
Equity: The current value of the account including profit/loss of all open positions.
Available: The available amount in the account to open new positions
Margin: The amount required to open and maintain all open positions.
Margin Level: Equity/Margin *100%
Statistics of the Candle
This is the timeframe setting for the chart.
It represents the duration that data is compiled, between the opening and closing price
Example, when 15m is selected, each candle represents 15minutes of price movement.
When W (weekly) is selected, each candle represents the start of the week and the candle closes on the last day of the week.
Monitor your trades, deposit and withdraw funds, and account settings at the side menus.
Trade - Monitor the markets in real-time
Market -a customizable dashboard to monitor multiple markets at once
News - Stay connected to the market pulse with real-time news updates.
Tutorial - Head to Mitrade Academy for more trading guides and educational material
Account - Manage your Account Information, Account Statement, Security, Notifications, and Promotions