Trade interface overview (Trading terminal)

The Trade page, ie. the Trading Terminal, is where all trading activity is performed by a trader. Here you will be able to monitor the market via Charts, place and manage Orders and Positions and view a detailed history of your trades:

15Trade interface.png

The Trading terminal consists of:

  • Order Placement module (outlined in yellow)
  • Chart, Order Book and Last Trades (outlined in purple)
  • Orders and Positions management module (green)

Let’s review each separate module.

01

Order placement module

The order placement module located on the left-hand side of the trade interface is used to place orders and reflects your balance info:

5Order placement module.png

  1. Balance - total amount of funds in your Wallet
  2. Available balance - funds that can currently be used to open new trades, pay fees and cover any losses. (i.e available balance = total balance - margin cost of open positions)
  3. β€˜Switch’ button - switch between different collateral currencies that are in your wallet
  4. Order types - Limit, Market, Stop Market
  5. Order size USD - full size of your order (in USD) taking into account selected leverage
  6. Margin slider - can be used to automatically calculate the % of your available balance to be used in a trade
  7. Order Size - full size of your order in the selected collateral currency
  8. Leverage - used to select the leverage for new orders
  9. Buy/Sell - place a long (buy) order or a short (sell) order
  10. Margin cost - the amount of personal funds which are required and reserved in order to open a position
  11. Funding in - the funding countdown timer

To learn more about orders, order types and how to manage orders and positions, see our help center guides: Orders and Positions.

02

Orders and Positions management module

Located at the bottom part of the Trade terminal is the Orders and Positions management module:

16Deals management module.png

Here traders can manage active orders and open positions. This module is highly customizable and allows traders to add/remove desired info columns, filter orders and positions by date as well as view orders and positions history.

03

Chart, Order Book and Last Trades

The Chart, Order book and Last Trades module are the most crucial tools when trading as they provide traders with direct information about the current market movements, market depth and price trends of an asset:

Chart, Orderbook, Last Trades.png

Margex charts are plotted based on the last price an asset was traded at.

Margex aggregates liquidity from a pool of liquidity providers (12 currently) and by arbitraging between them, we are able to provide the best possible price, which reflects the pricings across exchanges (liquidity providers) from which liquidity is aggregated.

When trading, we recommend following Margex charts if referring to an asset's price.

The Order Book reflects the current Buy (ask) and Sell (bid) Limit orders of market participants as well as details regarding market depth. The Order Book acts as an additional instrument that helps traders monitor market activity and provides valuable information for traders when reviewing the current market trends:

18Order book.png

Last Trades reflects the last performed trades on the market in real time. This provides additional valuable information for traders when making trading decisions:

19Last trades.png