Trading on the Platform

Xiomex

Last Update منذ ٣ أشهر

How to open trades on the platform?


  • Select the asset you want to trade from the available market list.
  • Go to the "New Order" section and choose the order type: Market, Limit, Stop, or Stop-limit.
  • Enter the number of lots you want to trade.
  • If you want to manage your risk, set Stop Loss and Take Profit.
  • Check the details such as spread, buying margin, and entry price.
  • Finally, click "Place Order" to execute the trade.

What days are available for trading? 
  • Cryptocurrencies: Available every day of the week, including weekends and holidays.
  • Forex and other traditional markets: Available from Monday to Friday, with varying hours depending on the asset and global trading sessions.


Can I trade on weekends?


  • Yes, but only in markets that are open.
  • Cryptocurrencies: 100% available seven days a week.
  • Forex and other traditional assets: Closed on weekends.

How much time do I have to complete the funding challenge?


  • Standard challenges last for 30 days.
  • Institutional-level challenges allow up to 180 days for completion.


Why can't I open positions?


  • Ensure you have enough available balance for the trade.
  • Verify that the lot size does not exceed your available margin.
  • Confirm that the market you want to trade is open at that time.
  • Check if there are any restrictions on your account due to rule violations.
  • If the issue persists, contact support and provide a screenshot of the error.


How do I set up my trading strategy on the platform?


  • Define your entry and exit levels using limit and stop orders.
  • Adjust Stop Loss and Take Profit to manage your risk properly.
  • Use available technical analysis tools such as indicators and charts.
  • If you use trading bots, ensure they are correctly integrated into the platform.
  • Regularly review your performance and adjust your strategy based on results.


How are evaluation metrics calculated?


  • Several key factors are considered, including:
    • Profitability (%): You must reach the profit target set for your challenge.
    • Drawdown (%): You cannot exceed the maximum allowed loss.
    • Trading consistency: Your performance must be progressive and not rely on a single trade.
    • Trading volume: Some challenges require reaching a minimum trading volume.
  • All these metrics are calculated in real-time and can be monitored in the platform's trading profile.

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