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Webtrader

Table of Contents Table of Contents 2

Description 3

Pricing 3

Pips (Percentage in Points) 3

Leverage 4

Contract Size 4

Forex Trading Modes 5 How to Trade Forex as a User in Aggregating Mode 7

How to Trade Forex Pro as a User in Hedging Mode 18

Reviewing Your Trades and Orders 29

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Introduction

Description Foreign exchange, commonly known as “Forex” or “FX”, is the exchange of one currency for another at an agreed exchange price on the over-the-counter (OTC) market. Forex is the world’s most traded market, with an average turnover of US $5.3 trillion per day. We offer a Forex trading version, as a part of our trading platform, that is presented as an additional trading opportunity to our users.

Pricing All forex assets are quoted in terms of one currency versus another. Each currency pair has a base currency and a counter currency. For example, in EUR/USD, EUR is the base currency and USD the counter currency. Forex pricing is a two-way quotation mechanism that indicates the best price at which an asset can be sold and bought at the given point.

The BID price represents the maximum price that a buyer is willing to pay for the asset. The ASK price represents the minimum price that a seller is willing to receive for the asset. A trade or transaction occurs when the buyer and seller agree on a price for the asset.

Note that the trader can SELL the currency pair without buying it first. This is due to the fact that by selling a currency pair the trader actually sells the base currency but he is buying the counter currency.

The BID price is the price on which the users SELL the currency pair, while the ASK price is the price on which the users BUY it.

For example:

Spread This means that the end user can sell 1 euro for 1.0853 dollars or buy 1 euro for 1.0856 dollars. The difference in the BID/ASK of the currency pairs is referred to as the spread.

An example would be EUR/USD dealing at 1.33800/1.33808 (in this case the spread is 0.8 pips or 0.00008). Every quote contains Bid and Ask so every quote has spread. The spread is not fixed and it can fluctuate during different market conditions.

Pips (Percentage in Points) Pip stands for Percentage in Points. Most of the currency pairs are quoted to 5 decimal places with the change from the 4th decimal place (0.0001) in price commonly referred to as a pip. For example, if the price of the EUR/USD forex pair moved from 1.33800 to 1.33925, it is said to have climbed by 12.5 pips (92.5-80=12.5).

Currency pair Bid Ask

EUR/USD 1.0853

1.0856

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Leverage

Foreign exchange is a leveraged (or margined) product, which means that you are only required to deposit a small percentage of the full value of your position to place a forex trade. This means that the potential for profit, or loss, from an initial capital outlay is significantly higher than in traditional trading. Leverage starts from 1:2 and can reach up to 1:1000.

Contract Size This is the value which is defined by the leverage value. It stands as quantity entities for the traded asset. For example, if you select 1/25 leverage and you invest 50$, the contract size will be 25x50 =1250.If you select 1/100 leverage and you invest 50$, the contract size will be 100x50 =5000.

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Forex Trading Modes

We now present Hedging and Aggregating trading modes, so you can switch between them in the trade room. The difference between the two trading modes is the following:

Aggregating mode - allows you to open only one position with a certain asset. Each new position with this asset is added to the previous one with the same existing parameters.Hedging mode - allows you to open multiple positions with the same asset. Each one is opened as a separate position.

The default trading mode is the Aggregating one. You can switch between the two modes by navigating to Your User > Settings > Trading Modes > Aggregating Mode (Hedging Mode).

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USER

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How to Trade Forex as a User in Aggregating Mode

To start trading in aggregating mode, follow the procedure below:

1. Log on to your traderXlab account.

2. Choose the PRO platform.

3. Choose between the two views - Box and List.

Box view - you can execute One Click Trading (described in step 5) and the BUY and SELL are larger;

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List view - you cannot execute One Click Trading, and the BUY and SELL have smaller icons;

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The calculation of the spread number between the Bid and Ask rates is done using Point values instead of Pip values. The spread is displayed between the Buy and Sell buttons:

4. Select the Asset you would like to trade. It can be currencies, commodities, indices, futures, stocks, crypto coins, crypto tokens, favorites.

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5. After you have selected the Asset (for example, Currencies), select the currency pair you would like to trade. For example, USD/CHF.

- The green color shows that the price of the currency pair is increasing;

- The red color shows that the price of the currency pair is decreasing;

- The arrow between the sell and buy tabs shows the spread, measured in Points;

- You can also use the new Open Chart and Add to Favorites buttons, located next to the corresponding asset;

The locked quantity means that the One Click Trading setting is OFF and you cannot execute a trade with one click, without opening an order ticket. Setting OFF means that you must open an order ticket in order to execute a trade.

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The unlocked quantity means that the One Click Trading setting is ON and you can select different quantities for your trade. Setting ON means that you can skip the market and pending orders and trade right away.

The default state of the One Click Trading setting is controlled per account type, therefore the end user is able to choose the default state, either On or Off.

6. Decide whether you would like to buy or sell:

a. If you think the price of the pair will rise, you BUY the asset (on ASK price).b. If you think the price of the pair will go down, you SELL the asset (on BID price).

7. Once you’ve made the decision of your direction an order ticket will appear, where can choose Market or Pending order; - FOR THE MARKET ORDER:

Select Quantity from the Quantity drop-down list, or enter it manually, with one click in the Quantity field; Note: You cannot enter higher values, than the ones set in Max Quantity for the relevant asset in the Forex Asset Settings screen. If entered, there is a notification message displayed.

- (Optional) Enter Take Profit and Stop Loss values by entering the desired values for Distance or Amount, or use the corresponding arrows; - Distance - shows where the TP and SL from the current market price is. Once set, the system

calculates the amount of money you are going to win/lose when the distance is passed; - Amount - how much money you are willing to gain / risk losing. The system will then

automatically calculate what the distance must be from the current market price in order to gain / risk losing that amount of money.

- (Optional) Select the Order Info checkbox; the Order Info field shows: - the required Margin, which is automatically calculated. - the swap for long and short positions is automatically calculated; - the point value is automatically calculated. The Point value represents the amount of money

you are going to gain / risk losing (depending on the direction), if the price of the relevant asset is moved by 1 minimal change;

- Choose the Buy or Sell button.

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When you tick the corresponding box (Take Profit or Stop Loss), you can see the orders. When you press on the arrows, you can increase or decrease the number by one decimal point.

The market orders are displayed in the Open Positions table. All Open Positions are sorted in ascending order by Date Created. For example, the latest trade opened is displayed on the bottom.

The Open Positions table displays the following data:

- Position ID - shows the position of the trade; it is a clickable entity and when clicked displays the position history (for example, position opened, position modified);

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Asset - the asset of the position (trade);Quantity - the quantity of the trade;Direction - the direction of the trade (buy or sell);Average Rate - the rate on which the trade is executed (open rate); Market Rate - the current market rate;

TP - the take profit rate (if any);SL - the stop loss of the trade (if any);Margin - the sum (margin) that is locked from your available balance; Swap - shows the swap amount, charged for the trade overnight; Date Created - the date on which the position was opened; Commission - the commission paid for the position;Result - the result you receive if you close the position now;

Note: In Aggregating Mode you open only one position with a certain asset. Each new position with this asset is added to the previous one as modification.

If you want to modify your open position, you can do it by either double-clicking or by clicking the buy/sell buttons in the asset list. The system sees that you are in aggregating mode and have already opened positions with the same asset, so it will give you access to the modified order ticket. You can set take profit and stop loss of the current position by clicking the Profit/Loss tab.

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Otherwise, you can add more quantity to the existing position or to close part of it. You can also reverse the position by closing bigger quantity than the existing one. This is done by clicking the Market tab. For example, if you have an open buy position of GBP/USD for 10 000 units, and you open another buy position of GBP/USD for another 10 000 units, you will result with one buy position of GBP/USD for 20 000 units.

Or you can open a new Pending Order, by clicking the Pending tab. Once filled, it will be added to your existing open position with the same asset (if any).

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To close and modify the Open Position (trade) parameters there are tooltips which facilitate you.If you close a position, you receive the (profit or loss) displayed in the Results column. Or the trade closes automatically when it reaches either the Stop Loss or Take Profit rate. A Stop Out will occur if a user’s margin has decreased to such a level that it no longer has the ability to sustain his/her open position by which the system starts to close positions starting from the most losing to the most profitable position.If you close it manually, there is a confirmation pop-up displayed, in which you need to confirm your action.

FOR THE PENDING ORDER: - Select quantity from the Quantity drop-down list; or enter it manually, with one click in the

Quantity field; Note: You cannot enter higher values, than the ones set in Max Quantity for the relevant asset in the Forex Asset Settings screen. If entered, there is a notification message displayed.

- Choose between the Buy or Sell button; - Enter the value in the at price box, for which rate you would like the BUY/SELL order to be

placed. - Review the Margin, Swap and the Point values. - Choose the Place button.

The order is displayed in the Pending Orders table. All Pending Orders are sorted by ascending order, by Date Created. For example, the last opened order is displayed on the bottom.

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The Pending Orders table displays the following data: Order ID - the ID of the Order;

- Direction - the direction of the order;- Type - the type of the order; For example, Limit or Stop; this way we have the following options:Buy

Limit, Buy Stop, Sell Limit, Sell Stop;- Rate - the rate for which the pending order will be filled; - Market Rate - the current asset market rate; - DateCreated - the date of placing the Pending Order;

You can cancel, choose Modify Order, or double click on it, in order to modify the Pending Order parameters. There are tooltips which facilitate you when you cancel or modify the order.If you decide to cancel a pending order, there is a confirmation pop-up in which you need to confirm your action.

Note: if you have an opened pending order, you can modify it, changing its quantity, direction and rate.

8. You receive a pop up message, under your profile name, saying that the order is executed.

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9. (Optional) You also have Close All Open Positions button and Cancel all Pending Orders button, so you can close all your open positions or cancel all your pending orders with one click, after a confirmation pop-up, displayed below:

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How to Trade Forex Pro as a User in Hedging Mode In order to switch to Hedging Mode you need to close all your open positions and pending orders, as the pop up message says, and then choose the OK button.

To start trading in hedging mode, follow the procedure below:

1. Log on to your traderXlab account.

2. Choose the PRO platform.

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3. Choose between the two views - Box and List.

- Box view - you can execute One Click Trading (described in step 5) and the BUY and SELL buttons are larger;

- List view - you cannot execute One Click Trading in this format view, and the BUY and SELL icons are smaller;

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The calculation of the spread number between the Bid and Ask rates is done using Point values instead of Pip values. The spread is displayed between the Buy and Sell buttons:

4. Select the Asset you would like to trade. It can be currencies, commodities, indices, futures, stocks, crypto coins, crypto tokens, favorites.

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5. After you have selected the Asset (for example, Currencies), choose the currency pair you would like to trade. For example, EUR/USD.

- The green color shows that the price of the currency pair is rising; - The red color shows that the price of the currency pair is falling; - The arrow between the sell and buy tabs shows the spread, measured in Points; - You can also use the new Open Chart and Add to Favorites buttons, located next to the

corresponding asset;

The locked quantity means that the One Click Trading setting is OFF and you cannot execute a trade with one click, without opening an order ticket. Setting OFF means that you must open an order ticket in order to execute a trade.

The unlocked quantity means that the One Click Trading setting is ON and you can select different quantities for your trade. Setting it ON means that you can skip the market and pending orders and trade right away. 21

The default state of the One Click Trading setting is controlled per brand (account), so each brand can choose

whether the default state would be On or Off.

6. Decide whether you would like to buy or sell:

a. If you think the price of the pair will rise, you BUY the asset (on ASK price). b. If you think the price of the pair will go down, you SELL the asset (on BID price).

7. Then the site opens an order ticket, in which you can choose Market or Pending order;

FOR THE MARKET ORDER:

- Select Quantity from the Quantity drop-down list, or enter it manually, with one click in the Quantity field; Note: You cannot enter higher values, than the ones set in Max Quantity for the relevant asset in the Forex Asset Settings screen. If entered, there is a notification message displayed.

- (Optional) Enter Take Profit and Stop Loss values by entering the desired values for Distance or Amount, or use the corresponding arrows; - Distance - shows where the TP and SL is from the current market price. Once set, the system

calculates the amount of money you are going to gain / risk losing when the distance is surpassed;

- Amount - how much money you want to gain / risk losing. The system automatically calculates what the distance must be from the current market price in order to gain / risk losing that amount of money.

- (Optional) Select the Order Info checkbox; the Order Info field shows: - the required Margin, which is automatically calculated. - the swap for long and short positions, which is automatically calculated; - the point value, which is automatically calculated. The Point value represents the amount of

money you are going to gain / risk losing (depending on the direction), if the price of the relevant asset is moved by 1 minimal change;

- Choose the Buy or Sell button.

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When you hold down the relevant arrow the system changes the relevant value, by 1 minimal change.Also the Take Profit and Stop Loss in the Order ticket are independent. You can set them one by one separately.

The market order is displayed in the Open Positions table. All Open Positions are sorted in ascending order by Date Created. For example, the last opened trade is displayed on the bottom.

Note: In Hedging mode you open multiple positions with the same asset. Each one is opened as a separate position, as shown in the screenshot below.

The Open Positions table displays the following data:

- Position ID - shows the position of the trade; it is a clickable entity and when clicked displays the position history (for example, position opened, position modified);

- Asset - the asset of the position (trade); - Quantity - the quantity of the trade; - Direction - the direction of the trade (buy or sell); - Average Rate - the rate on which the trade is executed (open rate); Market Rate - the current

market rate; - TP - the take profit rate (if any); - SL - the stop loss of the trade (if any); - Margin - the sum (margin) that is locked from your available balance; - Swap - shows the swap amount, charged for the trade overnight; - Date Created - the date on which the position was opened;

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- Commission - the commission, charged for the position; - Result - the result you receive if you close the position now; You can close or modify the Open Position (trade) parameters. There are tooltips which facilitate you when you close or modify the position. If you close it, you receive the (profit or loss) displayed in the Results column. Or the trade closes automatically when it reaches the Stop Loss or Take Profit rate. A Stop Out will occur if a user’s margin has decreased to such a level that it no longer has the ability to sustain his/her open position by which the system starts to close positions starting from the most losing to the most profitable position.If you close it manually, there is a confirmation pop-up displayed, in which you need to confirm your action. Note: If you want to modify your open position, you can do it by either double-clicking or by using the Modify button. You can also close part of the existing position by doing the reverse action for less quantity.

Example: you have placed a trade of BUY 1000. You execute Sell 500, and this way you are closing half of your position (half of the P/L).

In Hedging mode you cannot SELL more quantity than the existing BUY position, and you cannot BUY more quantity than the existing SELL Position. So the positions cannot be reversed, whilst in Aggregating mode, they can be reversed.

You can increase the quantity with the selected value, which will be added to the already existing quantity. And also you can set take profit and stop loss of the current position by clicking the Profit/Loss tab. After that you can modify the TP and SL again, or delete them.

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FOR A PENDING ORDER:

- Select quantity from the Quantity drop-down list; or enter it manually, with one click in the Quantity field; Note: You cannot enter higher values, than the ones set in Max Quantity for the relevant asset in the Forex Asset Settings screen. If entered, there is a notification message displayed.

- Choose between the Buy or Sell button, in order to set direction for your order; - Enter the value in the at price box, for which rate you would like the pending order to be placed. - (Optional) Select the Order Info checkbox; - Review the Margin, Swap and the Point values. - Choose the Place button.

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The order is displayed in the Pending Orders table. All Pending Order are sorted in ascending order by Date Created. For example, the last opened order is displayed on the bottom. If you open a second pending order for an asset, for which you already have an opened pending order, the system creates two different pending orders.

The Pending Orders table displays the following data: - Order ID - the ID of the Order; - Asset - the asset the order is placed with; - Direction - the Buy or Sell direction of the order; - Type - the type of the order; For example, Limit or Stop; - Quantity - the quantity of the order; - Rate - the rate for which the order will be executed; - Market Rate - the current asset market rate; - DateCreated - the date of placing the Pending Order;

You can Cancel or chose Modify Order in the Pending Order parameters. There are tooltips which facilitate you when you cancel or modify the order.If you decide to cancel a pending order, there is a confirmation pop-up in which you need to confirm your action.

Note:If you want to modify a pending order, you can do it by either double-clicking or by using the Modify button. You can increase the quantity of your order, change the at price rate, or change its direction (BUY or SELL buttons). 26

8. You receive a pop up message, under your profile name, saying that the order is modified or created successfully.

9. (Optional) You also have Close All Open Positions button and Cancel all Pending Orders button, so you can close all your open positions or cancel all your pending orders with one button click, after a confirmation pop-up, displayed below.

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Reviewing Your Trades and Orders Each action of the user is recorded in the Orders tab. He can see it anytime. Each realized PL is recorded in the Result tab. We can still have an opened position, but it can have a current live PL and 10-20 orders in it. After the positions are fully closed, only then will the user will be able to see it in the Closed Positions tab.

You can review your trades in your User Profile -> Your name -> My Trades. There are filters by assets, by time and by position ID.

The My Trades section in PRO (Real Forex) is divided into three sections: Results, Orders, and Closed Positions.

The Results screen shows every realized PL, no matter if it is from swap, commissions, partially closed position, of fully closed position. Each income/outcome is shown in this screen.There are filters for Asset, From/To fields, and Position ID.

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The Results tab displays the following data:

- Position ID - an active link with the ID of the relevant position. (POSA=POSition in Aggregating mode, POSH = POSition in Hedging mode). Once clicked, it opens the position popup.

- Asset - the name of the asset which the relevant position is opened with; - Quantity - the quantity, which was closed from the relevant position. For Swaps, the current

quantity is shown at the time when the swap is applied. For Commissions the quantity of the order on which the commission was applied is shown. When closing a part or full position, the following rules are applied: - Buy quantity is closed only with filled sell order for the same quantity. - Sell quantity is closed only with filled buy order for the same quantity.

- Direction - the direction of the quantity, during which the relevant position was closed. For Swaps, the current direction at the time is shown when the swap is applied. For Commissions the direction of the order on which the commission was applied is shown.

- Average rate - the average rate of the position, when the relevant PL was realized. For Swaps, the current average rate at the time when the swap is applied is shown. For Commissions the entry rate of the order on which the commission was applied is shown.

- Close rate - the close rate, on which the relevant PL was realized (for example, the entry rate of the order which closes the position or part of it). For Swaps, the current average rate at the time when the swap was applied is shown. For Commissions the entry rate of the order on which the commission was applied is shown;

- Result - realized PL from the relevant operation; - Description - the description is displayed on two rows, showing what the action that caused PL

is, and where it comes from: - when the realized PL is from the closing part of the position of the full part of it:

- 1st row - Partially closed or Closed, depending whether a part of the position or the full position is closed respectively.

- 2nd row - the ID of the Order, caused the closing. There are "MO" or "PO" in front of the ID of the order, when it is Market Order or Pending Order respectively.

- when the realized PL is from commission on entering or exiting a position: - 1st row - Entry Commission or Exit Commission, depending whether the relevant order

opens or closes the position. - 2nd row - the ID of the Order, caused the commission. There are "MO" or "PO" in front of

the ID of the order, when it is Market Order or Pending Order respectively. - when the realized PL is from Swap for holding the position overnight, the description is

only on one row: - 1st row - Swap

- Date - the time when the relevant PL was realized, presented in yyyy-mm-dd hh:mm:ss format.

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Orders - The screen shows every order of the user, no matter its status. Each action of the user is represented with a different type of order. These can be filtered by Order Status, Asset, From/to, and Order ID;

The Orders tab displays the following data:

- Order ID - unique ID of the Order. There are "MO" or "PO" for Market or Pending order (MO=Market Order, PO=Pending Order);

- Position ID - an active link with the ID of the relevant position.(POSA=POSition in Aggregating mode, POSH = POSition in Hedging mode). Once clicked, it opens the position popup. If the relevant order is not connected to any positions (it could happen on pending limit and stop orders), it shows a dash sign “-".;

- Asset - the name of the asset the order was executed with; - Quantity - the quantity of the executed order; - Direction - shows the direction of the executed order, for example, buy or sell; - Type - shows the type of the order (Limit or Stop); - Order rate - the rate at which the order has been placed.; - Execution Rate - the rate on which the relevant order was filled, if any. if the relevant order was

not filled and there is no execution rate, displays a dash sign “-".; - Entry Date - the time when the relevant order was created, presented in yyyy-mm-dd hh:mm:ss

format; - Status - current status of the relevant order; - Copied From - the nickname of the user from which the relevant order was copied, if any. if the

order is not copied by anyone, it shows dash sign “-". - Modification Date - the time when the relevant order was modified, presented in yyyy-mm-dd

hh:mm:ss format. Until the modification, displays the Entry Date.

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Closed Positions - The screen contains only the fully closed positions - it is a screen where you can see only the full position with the asset and their PL. Shows a summary of the Positions in Total and the Profit. There can be filtered by Asset, From/To fields, and Position ID.

The results table displays the following: - Position ID - an active link with the ID of the opened position. (POSA=POSition in Aggregating

mode, POSH = POSition in Hedging mode). Once clicked, it opens the position popup; - Asset - the name of the asset the position was opened with; - Entry Date - the time when the position was opened, presented in yyyy-mm-dd hh:mm:ss

format; - Close Date - the time when the position was closed, presented in yyyy-mm-dd hh:mm:ss format; - Result - the realized PL from the relevant position (without the swap and commissions). It is

shown from the end user’s perspective. The user's currency sign is shown in front of the number. The number is rounded to the 2nd digit after the decimal point.

- Swap - sum of the swaps paid for the position. It is shown from end user’s perspective. The user's currency sign is shown in front of the number. The number is rounded to the 2nd digit after the decimal point.

- Commission - sum of the commissions paid for the position. It is shown from end user’s perspective. The user's currency sign is shown in front of the number. The number is rounded to the 2nd digit after the decimal point.

- Profit - the net profit of the position, for example, the Profit = Result + Swap + Commission for the relevant position.

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Keep in mind that there is the same Setting button in My Trades as the ones in Open Positions and Pending Orders.

My trades also has a responsive design which displays different outlooks for the mobile, tablet and desktop devices. There is also a second Setting button, which allows you to select what to be displayed in the footer of your Forex trade room. You can select from balance, profit, equity, margin and available balance.

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Copyright 2018 TRADOLOGIC. All rights reserved. Information in this document is subject to change without notice. The software described in this document is furnished under a license agreement or nondisclosure agreement. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or any means electronic or mechanical, including photocopying and recording for any purpose other than the purchaser's personal use without the written permission of TRADOLOGIC.

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